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NCLT SPECIAL BENCHES
Par panel makes various recommendations on corporate laws amendment billA parliamentary panel proposed fixed penalties for certain corporate non-compliances. It suggested allowing in-kind CSR contributions for s...- SC grants four weeks to Centre to file response on plea challenging validity of NIA ActThe Supreme Court has requested the Centre to file its response within four weeks. This response is regarding a petition challenging the Na...
- Supreme Court refuses to entertain former NCLAT member's plea to practise before tribunalThe Supreme Court has rejected a plea from a former NCLAT technical member. The plea challenged a rule preventing ex-tribunal members from ...
- Adani Ports to acquire indirect control of Kanpur Fertilizers for Rs 1,500 crore under Jaiprakash Associates resolution planAdani Ports will acquire Jaypee Fertilizers & Industries for Rs 1,500 crore. This deal gives Adani Ports control of land in Kanpur. This la...
- India plans special NCLT bench for cross-border insolvency cases to speed up resolutionsIndia plans to set up a special NCLT bench with trained members to handle cross-border insolvency cases once new rules under the Insolvency...
- Resurgent India files insolvency plea against Future ConsumerFuture Consumer Ltd, part of the debt-ridden Future Group, is facing an insolvency plea filed by Resurgent India Special Situations Fund be...
- Birla Tyres insolvency: NCLT approves joint offer of Himadri Speciality Chemical, Dalmia Bharat RefractoriesIn a regulatory filing, Himadri Speciality Chemical informed that the NCLT, Kolkata Bench has "now approved verbally the resolution plan su...
- Indiabulls Real Estate tanks 20% as Nam Estates-Embassy One merger faces delays"Indiabulls Real Estate (IBREL) regrets to inform its shareholders and the public that the sanction to the merger of NAM Estates Private (N...
- Govt invites applications for judicial, technical positions at NCLATThe government has sought applications for a total of three positions of judicial and technical members at the National Company Law Appella...
- Government to strengthen the framework of NCLT: Finance MinisterThe NCLT, which is assigned cases of company and corporate matters, with insolvency matters piling up, has been facing challenges in terms ...
- IBC mechanism needs structural changes to expedite faster resolution of companiesThe structural reforms needed are an increase in the number of benches, outsourcing of administration function to a specialized agency, cla...
- Mumbai NCLT on its way to clear all pending scheme mattersWhen the special bench had commenced hearing, about 350 cases were pending out of which over 200 have been disposed of already, and by the ...
- NCLAT judgement over Cyrus Mistry's removal as Tata Group Chairman on WednesdayA two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya will pronounce its judgement over the petitions.
- NCLT dismisses ICICI insolvency plea against Hyderabad Ring Road ProjectsHyderabad Ring Road Projects Private Ltd, is a special purpose vehicle related to Era Infra Engineering Ltd and raised an amount of Rs 193....
- NCLT allows Sunil Goel to inspect documents of Omaxe's holding companyListing the matter on December 21 for next hearing, the tribunal has directed the respondents to file the reply at least a week before the ...
- Panel suggests higher threshold for NCLT casesThe tribunals currently hear violations involving fines of more than .`5 lakh. The decision on what the new limit should be has been left t...
- NCLAT to hear Mistry plea tomorrow against NCLT orderMistry had approached the National Company Law Appellate Tribunal (NCLAT) last week against the NCLT dismissing his plea challenging his re...
- Mistry approaches NCLAT against his removal from Tata SonsA petition was filed before the appellate tribunal against the July 9 order of the Mumbai bench of the National Company Law Tribunal (NCLT).
- VISA steel gets interim stay on insolvency proceedingsAs per the central bank, anyone with outstanding of Rs 5,000 crore or more, 60% of which was classified as nonperforming as of March 31, 20...
- Supreme Court reserves verdict on constitutional validity of company TribunalDattar submitted that the Act is such that all civil servants would be eligible to be in the Tribunal and the judiciary will be taken out w...
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