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National Company Law Appellate Tribunal News

Competition Commission of India

28 Aug 2024

Hindusthan National Glass Case: CCI Files Appeal In SC Against NCLAT Order

The NCLAT's ruling could cause delays in the approval process, impacting business efficiency.

National Company Law Appellate Tribunal

13 Jun 2022

NCLAT rejects Amazon's plea to stay CCI order suspending Future Coupons deal

NCLAT bench in its judgement today upheld the CCI's order of suspension of Amazon Future Coupons deal agreeing with CCI's order that Amazon had not made full disclosures of the information to the Commission.

26 Mar 2022

Noida-based builder Supertech faces second major setback in the last one year

Apart from this, Supertech is also barred from transferring, encumbering, alienating, or disposing of any assets. This is the second major setback for Noida-based developers in the last one year. Supertech Group said it would challenge the order before the National Company Law Appellate Tribunal (NCLAT).

HCL Technologies

21 Jan 2022

NCLAT stays insolvency proceedings against HCL Tech

A two-member NCLAT bench, while admitting the petition filed by HCL Tech MD and CEO C Vijayakumar stayed the National Company Law Tribunal (NCLT) order of January 17, 2022, to initiate insolvency against the IT major.

Delhi Gymkhana Club

15 Feb 2021

Manmohan Juneja takes over as Delhi Gymkhana Club's Administrator

Manmohan Juneja, Officer on Special Duty, Ministry of Corporate Affairs, took over as the Administrator of the Delhi Gymkhana Club on Monday. This comes hours after National Company Law Appellate Tribunal ordered the suspension of the Club's board.

18 Dec 2019

NCLAT reinstates Cyrus Mistry as executive chairman of Tata Sons

NCLAT bench headed by chairperson Justice SJ Mukhopadhaya also held the appointment of Natarajan Chandrasekaran as illegal.

04 Sep 2019

NCLAT allows promoters to regain control of firms at liquidation stage

In the liquidation case pertaining to Sterling Biotech, the NCLAT has set aside a bankruptcy court order to liquidate a debt-ridden company while allowing its promoters to take back control of the firm after making full payment to the lenders.

01 Aug 2019

Jaypee homebuyers still hoping for dream houses

The National Company Law Appellate Tribunal (NCLAT) on Tuesday extended the resolution period of debt-ridden Jaypee Infratech for another 90 days.

17 Jun 2019

ICICI seeks direction on NCLT Allahabad for early hearing on insolvency plea a

In September 2018, ICICI Bank had filed a petition before the Allahabad bench of National Company Law Tribunal (NCLT) seeking to start insolvency proceedings of JAL, which is into infrastructure and real estate.

13 May 2019

NCLAT dismisses insolvency plea against SpiceJet

The appellate tribunal said there was nothing on record to suggest that the demand notice relating to invoices issued by Ramco System was forwarded or received by Spicejet.

National Company Law Appellate Tribunal

28 Mar 2019

Cabinet clears creation of 6 additional posts in NCLAT

NCLAT is a quasi-judicial body that hears appeals against rulings of the National Company Law Tribunal.

13 Feb 2019

NCLAT adjourns RCom's plea for insolvency to March 6

On February 4, the NCLAT had allowed telecom gear maker Ericsson India to file its objection by February 8 over Reliance Communications' plea to proceed with insolvency process.

National Company Law Appellate Tribunal

22 Jan 2019

NCLAT to hear contempt plea against Anil Ambani on February 25

HSBC Daisy moved the appellate tribunal over alleged default of payment of Rs 230 crore by Reliance Infratel.

11 Jan 2019

NCLAT suggests appointing a former Supreme Court judge for IL&FS asset sales

The new management of the IL&FS is considering assets sales to bail out the company from its financial mess and pay back to its lenders over Rs 90,000 crore.

09 Jan 2019

Mistry was removed from Tata Sons without any intimation: Investment firms

Cyrus P Mistry has also moved NCLAT in his personal capacity against his removal.

09 Jan 2019

'Cyrus Mistry was removed from Tata Sons without any intimation'

Mistry was removed as director of all Tata group companies as the trustees had "written to all companies that if you do not remove him, we would take Tata brand name from you."

13 Dec 2018

Mistry camp questions affirmative vote of trustee nominee directors on Tatas

Section 121 of the AoA of Tata Sons mandates that important matter of Tata Sons can only be decided with the affirmative vote of trust nominee directors.

Dalmia Bharat Group

19 Nov 2018

SC rejects plea of Dalmia Bharat Group firm's plea

The bench said there was no infirmity in the NCLAT's order.

National Company Law Appellate Tribunal

14 Nov 2018

NCLAT approves UltraTech's bid for Binani Cement

The apex court had directed NCLAT to hear the case on a day-to-day basis.

National Company Law Appellate Tribunal

15 Oct 2018

NCLAT stays proceedings against IL&FS, group companies

A two-member NCLAT bench headed by Justice S J Mukhopadhaya has asked the top five lenders of IL&FS to submit their replies over the government's plea for 90 days moratorium.

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