JAL Case: NCLAT reserves ruling on Vedanta pleaThe National Company Law Appellate Tribunal (NCLAT) has reserved its order on Vedanta's petitions challenging Adani Enterprises' bid for de...
Vedanta's plea indirectly challenges commercial wisdom of CoC: Adani to NCLATAdani Enterprises told NCLAT the Jaiprakash Associates resolution process followed due procedure, with evaluation metrics disclosed upfront...
Selection process of bidder for JAL was fair, transparent & not tailor made: Lenders to NCLATLenders defended their decision to select Adani Enterprises as the successful bidder for Jaiprakash Associates, telling the NCLAT that the ...
TVS Supply settles dispute with ZTE, withdraws insolvency plea in NCLATTVS Supply Chain Solutions has settled its debt dispute with ZTE Telecom India. The company withdrew its appeal against an order that rejec...
Vedanta was never declared highest bidder for Jaiprakash Associates: RP to NCLATJaiprakash Associates insolvency proceedings see a dispute over Vedanta's claim as highest bidder. The resolution professional told the NCL...
NCLAT reaffirms project-specific insolvency proceedings against realty firmsThe National Company Law Appellate Tribunal has ruled that homebuyers' insolvency cases against real estate firms must focus only on the pr...
Insolvency process against Raheja Shilas project in Gurugram to continue, says NCLATThe National Company Law Appellate Tribunal has rejected Raheja Developers' request to end insolvency proceedings for its Raheja Shilas pro...
DMRC not bound to revive terminated agreement for parking: NCLATThe National Company Law Appellate Tribunal (NCLAT) has delivered a decisive ruling that benefits the Delhi Metro Rail Corporation (DMRC), ...
Vedanta moves NCLAT, challenges NCLT nod to Adani's bid for acquiring Jaiprakash AssociatesVedanta Group has appealed to the NCLAT against the NCLT's decision to approve Adani Group's bid for Jaiprakash Associates Ltd. The NCLT ha...
NCLAT to hear challenge to Oberoi Realty's Rs 919 crore bid for Hotel HorizonA two-member bench Delhi-based Principal bench of NCLAT has admitted the appeal and directed not to create an equity in favour of successfu...
NCLAT reduces penalty on Google to Rs 216 crore in Play Store matterAs Google has already "deposited 10% of the penalty in the present Appeal, rest of the amount of penalty shall be deposited by the Appellan...
NCLAT to hear Meta's plea against fair trade regulator's penalty on Jan 16CCI had imposed a penalty of Rs 213.14 crore to Meta for abusing its dominant position for anti-competitive practices and its unfair busine...
NCLAT lets RP Act on Nirmal Lifestyle arm caseThe tribunal said the CoC may take a call regarding finding out ways and means to complete the stalled projects of Nirmal Lifestyle (Kalyan...
Ease of doing business: Website on enforcing contracts launchedA web portal which seeks to be a source of comprehensive information on legislative and policy reforms being undertaken on the "Enforcing C...
Pandemic brought about paperless adjudicatory mechanism: Law ministry officialDuring the pandemic and the lockdown, the courts could not operate in congregation, but thanks to the information and communication technol...
Nitin Gadkari dedicates Buoy Tender Vessel to the nationThe vessel is Rolls Royce Marine UT 755 S design and is being built under the classification requirements of Indian Register of Shipping.
Saradha probe being subjected to extraneous influence: Kunal Ghosh"The whole system is acting to influence the probe," Ghosh said during the hearing of the case in the court of metropolitan magistrate Baru...