NCLAT says will send company to liquidation as deadline of 330 days as per IBC Code is breached
DHFL's acquisition by Piramal Group remains unaffected and the business integration continues as envisaged
63 Moons Technologies had moved tribunal over the low valuation ascribed to assets worth Rs 40,000 cr, with DHFL lenders getting nothing if Piramal group recovered from these loans later
The NCLAT on Thursday ordered the petition to be considered by the Committee of Creditors (CoC).
Liquor industry bodies CIABC and ADBVI have approached the NCLAT alleging abuse of dominant position by the Kerala State Beverages (Manufacturing and Marketing) Corporation in the state
NCLAT has asked the Kolkata bench of NCLT to decide over the plea of SREI Infrastructure Finance against the rights issue of its subsidiary Trinity Alternative Investment Managers
Tribunal dismissing a raft of appeals including those filed by SREI entities
Case against HCL Tech was filed with NCLT in 2019 by Sahaj Bharti Travels, which claimed HCL Tech had continued to default on its payment under minimum guarantee clause of the agreement
The petitioners have pointed to the fact that the NCLAT order is contrary to previous Supreme Court judgments
The Supreme Court junked an appeal filed by Devas Multimedia challenging an order to wind up the company
The Supreme Court on Monday upheld NCLAT, which in September last year dismissed a petition filed by Devas Multimedia against the order of the NCLT to wind up the company.
But the appellate tribunal has refused Amazon interim relief in plea against CCI order on Future deal.
The appellate tribunal has directed the Competition Commission of India and FCPL to file their reply in next 10 days and Amazon to file a rejoinder over it.
A two-member bench observed that the appellate tribunal earlier this month had already set aside the June 8 order passed by the Mumbai bench of the National Company Law Tribunal (NCLT)
NCLAT has rejected petitions filed by ride sharing players Meru and Fast Track Call Cab against Ola alleging predatory pricing ways and anti-competitive practices in Bengaluru market
The US e-commerce giant's legal team is expected to make the argument that there was no misrepresentation of facts and all the information had been clearly mentioned.
Remits matter back to Videocon's CoC for fresh bids; resolution plan approved was for only 4.15% of total outstanding claim amount and total hair cut to all creditors was 95.85%
NCLAT allows appeal by Bank of Maharashtra, IFCI, which had contested Twin Star's resolution plan
Passing an interim order, a two-member NCLAT bench has directed parties, including United Breweries Ltd, to deposit 10 per cent of the penalty amount by way of Fixed Deposit Receipt' within three week
Dues on the listing fees against a company are 'regulatory dues' in nature and cannot be recovered under 'operational debt' through insolvency proceedings, said National Company Law Appellate Tribunal