Appellate Tribunal

NCLAT gets third Acting Chairperson in a row; No full-time head since March 2020

It was only last week that the Supreme Court raised concerns, saying the Centre was "emasculating" tribunals by not appointing officials to the quasi-judicial bodies that are facing staff crunch.

published on : 13th September 2021

Government appoints 31 members at NCLT, Income Tax Appellate Tribunal

As many as 8 judicial and 10 technical members have been appointed to the NCLT while 13 judicial and 7 accountant members have been appointed to the ITAT.

published on : 12th September 2021

Appellate Tribunal raps NCLT’s Bengaluru bench for failing to pronounce order

The Bengaluru bench of NCLT dismissed the petition and did not inform such dismissal by means of any pronouncement of order.

published on : 9th September 2021

Securities Appellate Tribunal quashes Sebi ban on Yashovardhan Birla, others from securities market

The regulator, in its order, said that the company made misstatements in the prospectus in respect of the objects of the IPO.

published on : 30th August 2021

NCLAT to hear Jet staff’s plea on October 8

They added that the core principle of the Insolvency and Bankruptcy Code is to protect the interests of all stakeholders but the resolution plan does not protect workers’ interest.

published on : 26th August 2021

PNB Housing Finance plans Rs 35,000 crore debt capital as Carlyle deal hangs fire

PNB Housing Finance said in a regulatory filing on Wednesday that the company will seek shareholders' nod in its AGM on September 3, 2021.

published on : 11th August 2021

PNB Housing Finance-Carlyle deal in limbo as SAT delivers split verdict

Sebi ought to stop the voting at the EGM, saying it was necessary for shareholders to get the correct valuation at which investors led by the Carlyle Group would acquire shares and management control.

published on : 10th August 2021

Parliament passes bill to abolish 9 appellate tribunals, Govt says 'fully respect' judicial independence

The bill moved by Finance Minister Nirmala Sitharaman was passed by a voice vote in Rajya Sabha, while a statutory motion moved by the Opposition members to send it to a select committee was negated.

published on : 9th August 2021

LIC Housing waiting for bourses response on Rs 2,334 crore preferential issue

BSE and NSE sought clarifications on why the valuation report of a registered value had not been considered while determining the price of such shares on allotment to LIC.

published on : 1st August 2021

Plea in Supreme Court seeking constitution of GST Appellant Tribunal

The petition, which is likely to come up for hearing shortly, said that even after four years of the Central Goods and Services Act coming into existence, the tribunal has not been constituted.

published on : 22nd July 2021

LIC Housing Finance approaches SAT to settle issue on preference shares with stock exchanges

LIC Housing Finance told BSE and NSE that it was in compliance with relevant provisions under AOA for deciding the issue price.

published on : 20th July 2021

Sebi moves SC against SAT order on Franklin Templeton's new debt schemes

SAT had asked Franklin Templeton to deposit Rs 250 crore in an escrow account instead of Rs 512 crore as directed by Sebi.

published on : 15th July 2021

It’s another blow to the film fraternity, say filmmakers on proposed Cinematograph (Amendment) Bill 2021

Filmmakers speak out against the proposed Cinematograph (Amendment) Bill 2021 that would arm the union government to recertify films that have already been censored by CBFC

published on : 1st July 2021

No I-T scrutiny on cash deposits up to Rs 2.5 lakh by housewives post Demo: Income Tax Appellate Tribunal

The CIT (Appeals) did not accept the explanation and confirmed the Assessing officer's order treating the cash deposit of Rs 2,11,500 as unexplained money. 

published on : 23rd June 2021

Carlyle deal: PNB Housing Finance holds extraordinary general meeting

When contacted, the company said it will inform about the outcome of the meeting through stock exchange filings.

published on : 23rd June 2021
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