NCLAT

Supreme Court reserves judgement in Tata-Mistry case

During the hearing conducted through video-conferencing, Shapoorji Pallonji (SP) Group claimed that there was breach of Articles of Associa...

SC surprised NCLAT reinstated Cyrus Mistry at Tata Sons on its own

Senior advocate CA Sundaram, arguing for the Mistry-led Shapoorji Pallonji Group, claimed the NCLAT seemed to have followed labour law prin...

Tata Sons not a family-run venture to be led only by a Tata: SP Group

“We still maintain that we do not want reinstatement of Mistry as executive chairman of Tata Sons,” SP Group counsel C A Sundaram told a be...

Supreme Court backs CCI & NCLAT, says Ola & Uber drivers not in cahoots

Both the CCI and the NCLAT had found that Ola and Uber do not facilitate cartelisation or anti-competitive practices between drivers, rathe...

Doors of CCI & NCLAT must be kept wide open in public interest: Supreme Court

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...

NCLAT wants three more months to decide whether bankrupt telcos' spectrum can be sold

In an order dated September 25, the SC had directed the appellate tribunal to hear the matter expeditiously and gave it two months to make ...

Tatas counters in SC claims of mismanagement, says SP Group valuation rose

The Tata firms told the top court that unless the losses were so enormous and there was a lack of probity which left no other option but to...

Tata-Mistry case: NCLAT cannot overrule shareholders to make Chairman appointment, argues Harish Salve in SC

Tata Sons and Mistry have challenged a December 18, 2019 order of National Company Law Appellate Tribunal which had ordered the reinstateme...

NCLAT stays order directing ArcelorMittal to pay Rs 1,300 crore to Odisha Slurry Pipeline Infrastructure

“As an ad-interim the operation of the impugned order as regards making of payment by the Appellant (ArcelorMittal India) to ‘OSPIL’ by 15t...

SC stays NCLAT order for CCI probe against Flipkart

Predatory pricing is an issue to be considered against the dominant player as a case of abuse of power but Flipkart has not been held as a ...

Tata-Mistry case: Supreme Court to hear matter on December 8

The top court had on September 22 restrained Shapoorji Pallonji (SP) Group and Cyrus Mistry as also his investment firm from pledging or tr...

Tata-Mistry case: SC fixes matter for final hearing on December 2

SP Group, which owns 18.37 per cent in Tata Sons, has said TSPL moved the top court to block its plan to pledge shares for raising funds an...

Realty developers urge govt to set up regulatory body for cement sector

Builders Association of India (BAI), the apex body of the construction industry with over 20,000 business entities, has stated in its lette...

NCLAT officiating Chairperson Justice BL Bhat gets another extension

This is the third extension for Bhat since he was appointed as the officiating Chairperson of the NCLAT on March 15 for three months. Later...

SP Group to recast Rs 10,900-cr debt under Covid-19 resolution framework

"Shapoorji Pallonji Construction (SPCPL), the holding company of the 150-year-old Shapoorji Pallonji Group, wants to restructure Rs 10,900 ...

Supreme Court says NCLAT to decide on spectrum sale of bankrupt Aircel

The government in various appellate and insolvency courts has said that spectrum is a national asset that cannot be transferred to a third ...

Single-member bench cannot hear insolvency plea, rules NCLAT

Indore-based Indison Agro Foods Ltd, which is facing insolvency resolution, has argued in its case that the law requires the bench to consi...