Mon, Mar 16, 2020
Taking precautionary measures amid coronavirus outbreak, the National Company Law Appellate Tribunal (NCLAT) has adjourned all its scheduled hearings in March
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Mon, Jun 10, 2019
"As the voting is going on, we are not inclined to pass any orders. We make it clear that if any financial creditor remains absent from voting, their voting percentage would not be counted," the Appellate Tribunal said.
Sun, Mar 24, 2019
The National Company Law Appellate Tribunal (NCLAT) has set aside the order to liquidate Jyoti Structure and asked the Mumbai bench of NCLT to consider the Rs 4,000-crore resolution plan submitted by Sharad Sanghi and others.
Sun, Jan 20, 2019
"We hold that it is not necessary to initiate Corporate Insolvency Resolution Process against the principal borrower before initiating 'Corporate Insolvency Resolution Process' against the corporate guarantors.
Sun, Dec 23, 2018
"The application filed by the operational creditor... is hereby admitted for initiating the Corporate Insolvency Resolution Process in respect of Eastern Coalfields...," Justice Madan B Gosavi had said in his December 19 order.
Thu, Nov 15, 2018
UltraTech is set to bag Binani Cement, with the National Company Law Appellate Tribunal (NCLAT) on Wednesday approving the revised bid of Aditya Birla group firm UltraTech Cement while rejecting the earlier preferred offer of Dalmia Bharat group as discriminatory.
Sun, Oct 07, 2018
The Jindal Steel & Power Ltd, an unsecured creditor with only 0.5 per cent of the total debts of Gujarat NRE Coke, has obtained an ex-parte order of NCLAT on July 12 to stay the meeting scheduled on July 16.
Tue, Sep 11, 2018
The NCLAT had allowed the Committee of Essar Steel Creditors, who are auctioning the company to recover their Rs 49,000 crore unpaid loans, to negotiate the best price from eligible bidders.
Fri, Aug 24, 2018
In September last year, Tata Sons had received shareholders' nod to convert itself into a private limited company from being a public limited company, limiting in effect Cyrus Mistry family's ability to sell their stake to outsiders.
Wed, Aug 22, 2018
The appellate tribunal has directed the Mumbai bench of the National Company Law Tribunal (NCLT) and the resolution professional of the company not to take any steps in this regard.
Mon, Apr 30, 2018
In one of the rare cases where independent directors are held liable in a financial fraud case, the National Company Law Appellate Tribunal (NCLAT) has ordered the freezing of the personal assets of high profile executives who served as independent directors on the Board of companies of Nirav Mod
Fri, Apr 27, 2018
The sale of Essar Steel assets under Insolvency and Bankruptcy Code (IBC) hit another legal hurdle on Thursday with the Numetal consortium moving the National Company Law Appellate Tribunal (NCLAT) to prevent the lenders from declaring initial bidders ineligible.
Thu, Sep 21, 2017
Mistry has been locked in a legal battle with the Tatas since his unceremonious exit as chairman of Tata Sons -- the promoter company of the USD 105-billion car-to-software Tata group in October last year.
Thu, Sep 07, 2017
This means the fate of 169 McDonald's stores in north and east India hangs by a thread as CPRL's licence to operate the outlets lapsed on September 5.
Fri, Aug 25, 2017
The NCLAT has directed both McDonald's and Vikram Bakshi to not take any action against each other till August 30.
Sun, Jul 16, 2017
The statement comes in the wake of news reports that claimed Inox Wind Ltd (IWL) was on road to insolvency after the Chandigarh bench of NCLT cleared the process on the plea of Jeena & Company over pending dues.
Fri, Feb 03, 2017
National Company Law Appellate Tribunal has rejected former chairman Cyrus Mistry's plea against Tata Sons on holding the Extraordinary General Meeting (EGM) on February 6 seeking his removal from the company's board.
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