National Company Law Appellate Tribunal

NCLAT asks Jet airways to pay PF, gratuity dues

The consortium won the bid through an insolvency resolution process for Jet Airways, which had stopped operations in April 2019 due to the financial crisis. 

published on : 22nd October 2022

JSW Paints may approach NCLAT against Asian Paints, dissatisfy with CCI order

However, they had been denied access to the market even in these states and faced the same resistance in other regions due to coercive action taken by Asian Paints against the dealers.

published on : 16th September 2022

NCLAT directs distribution of Rs 16,361 crore to IL&FS creditors on pro-rata basis

The interim distribution award of Rs 16,361 crore includes Rs 11,296 crore in cash and Rs 5,065 crore in InvIT units (Infrastructure Investment Trusts).

published on : 3rd June 2022

Jet Airways staff association challenges resolution plan

The plan submitted by the consortium of UK’s Kalrock Capital and UAE-based entrepreneur Murari Lal Jalan was cleared by the Mumbai bench of the NCLT in June 2021.

published on : 27th May 2022

Ram Charan Company Private Limited appeals against NCLT order

RCCPL was represented by senior advocate PH Arvindh Pandian and advocate Ananth Merathia while K Gaurav Kumar appeared for Classic Exports.

published on : 1st May 2022

NCLAT stays formation of creditors' panel for ATS Group firm

NCLT had appointed an interim resolution professional to take over the management while suspending the board of Ananda Divine Developers.

published on : 12th April 2022

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