NCLAT stays Videocon’s resolution

Bank of Maharashtra had moved NCLAT against the June 8, 2021 NCLT order approving the resolution plan submitted by Vedanta.

published on : 20th July 2021

Oyo no longer a start-up, has assets: FHRAI

The FHRAI had sought permission for its submissions to be heard, claiming that Oyo owes its hotelier members Rs 225 crore for violation of various agreements.

published on : 24th June 2021

Ex-promoter uses IBC’s controversial settlement provision to get back control of Rolta India

The insolvency application was moved on 26 February by an ex-employee – Dinesh Gupta – who was not paid salaries for 6 months, leave encashment and gratuity totaling Rs 10.42 lakh.

published on : 7th June 2021

Delhi HC issues notice to NCLAT on revised SOP issue

The petitioner submitted that the said SOP makes it mandatory that at the time of filing, along with the e-filing receipt, a hard copy of the pleadings be filed manually at the NCLAT filing counter.

published on : 21st May 2021

Tata Group stocks gain after Supreme Court verdict

In a major victory for the Tata Group, the Supreme Court on Friday set aside the NCLAT order restoring Cyrus Mistry as the executive chairman of the conglomerate.

published on : 26th March 2021

Ratan Tata hails SC judgement to set aside NCLAT order restoring Mistry's position at Tata Group

Reacting to the apex court order setting aside the NCLAT order, restoring Mistry as the executive chairman of the conglomerate, Tata in a tweet said, 'It is not an issue of winning or losing.'

published on : 26th March 2021

NCLAT directs liquidation of KS Oils, pulls up NCLT for lapse of 981 days

Terming it 'unfortunate', the appellate tribunal observed that even after the lapse of 981 days and repeated compliance by the Resolution Professional, , the NCLT had not considered it.

published on : 17th March 2021

Doors of CCI, NCLAT must be kept wide open in public interest: SC

The observation by the apex court came in its verdict on a petition challenging the order of the NCLAT which held that the informant had no locus standi to move the fair trade regulator.

published on : 15th December 2020

NCLAT row: Madras High Court orders notice to Centre

During the hearing, Additional Solicitor General of India R Sankaranarayanan said that he will seek instruction on the issue from the Ministry. 

published on : 15th December 2020

NCLAT order for CCI probe against e-tailer Flipkart stayed

Regarding the NCLAT’s March order, Salve said that the same was passed without finding prima facie market abuse.

published on : 3rd December 2020

PNB fraud: NCLAT sets aside order giving relief to five directors of Nirav Modi firm

Earlier this year, allowing the plea of the govt, the NCLT had injuncted all companies and individuals from removal, transfer or disposal of funds and properties until its further orders.

published on : 12th July 2018

NCLAT allows Vedanta to make upfront payment of Rs 5,320 crore for Electrosteel

On May 17, NCLAT admitted the petition of Renaissance Steel challenging Vedanta's bid for debt-ridden Electrosteel.

published on : 30th May 2018

Government approaches National Company Law Appellate Tribunal, seeks power to attach properties of persons involved in PNB scam 

In a petition, the corporate affairs ministry has also sought to invoke powers including the removal of the management and recovery of undue gains.

published on : 18th April 2018