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NCLAT APPEAL DELAY
Government operationalises amended insolvency law, sets 14-day admission deadline for NCLTOn May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...
NCLAT rejects pleas against Kerala's liquor procurement agency; upholds CCI orderThe Appellate Tribunal NCLAT has upheld a decision by the fair trade regulator CCI. The CCI had closed a complaint alleging abuse of domina...
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...
NCLAT restores insolvency appeal filed against Dilip BuildconThe National Company Law Appellate Tribunal has taken a notable step by reviving an insolvency case involving Dilip Buildcon. Initially dis...
NCLAT rejects SEBI's plea to recover penalty from Annies ApparelThe National Company Law Appellate Tribunal has rejected SEBI's attempt to recover a penalty from Annies Apparel. The tribunal ruled that c...
NCLAT can only condone max 15-day delay in filing appeals: SCThe Supreme Court has ruled that the NCLAT can only excuse delays in filing appeals for a maximum of 15 days. This decision reinforces the ...
'Why can't govt of India adhere to timelines': SC calls for introspection over delay in filing pleasThe Supreme Court, led by Chief Justice Sanjiv Khanna, criticized government authorities for excessive delays in filing appeals, using a Na...
NCLAT rejects tax claim against RCom filed for assessment year after initiation of insolvencyThe NCLAT has dismissed a petition by the state tax department seeking dues from Reliance Communications, stating it was based on an assess...
KSK Mahanadi lenders may ask NCLT to speed up firm's sale processOn February 6, a requisite majority of KSK Mahanadi lenders passed a resolution to appeal to the National Company Law Tribunal (NCLT) to va...
NCLAT dismisses plea to initiate insolvency proceedings against Inox WindThe National Company Law Appellate Tribunal (NCLAT) has dismissed a plea to begin insolvency proceedings against Inox Wind by an operationa...
ZEEL MD & CEO Punit Goenka challenges NCLT's insolvency order before NCLATZee Entertainment Enterprises Limited (ZEEL) MD & CEO Punit Goenka has moved the National Company Law Appellate Tribunal (NCLAT) seeking re...
NCLAT gets third Acting Chairperson in a row; No full-time head since Mar 2020This is the third time in a row that an Acting Chairperson is at the helm of the NCLAT, which is handling several crucial appeals related t...
NCLAT allows withdrawal of Oyo insolvency case in setback to hoteliersOyo has reached an out-of-court settlement with hotelier Rakesh Yadav, but scores of others had approached NCLT with claims against the com...
NCLAT declines plea of Prudential International Insurance challenging approval of Piramal's bid for DHFLNCLAT termed the plea of Prudential International Insurance Holdings Ltd (PIIHL) as "premature" as it has approached the appellate tribunal...
NCLAT upholds order passed by NCLT on appointment of RP for Metenere Ltd.The National Company Law Appellate Tribunal (NCLAT) upheld an order passed by Delhi-NCLT over appointment of a former State Bank of India (...
NCLAT dismisses DoT's plea in Aircel licence moratorium matter citing delay in appealThe Department of Telecommunications (DoT) had appealed against an order of the Mumbai bench of the National Company Law Tribunal (NCLT). I...
Supreme court halts ArcelorMittal payment to buy Essar SteelThe NCLAT had approved ArcelorMittal's bid for Essar Steel in a huge relief for the lenders.
NCLAT adjourns hearing on NuMetal, ArcelorMittal pleas till July 2A two-member bench headed by Chairman Justice S J Mukhopadhaya today started the hearing. However, the matter remained part-heard due to pa...
NCLAT to hear ArcelorMittal, NuMetal pleas tomorrowThe appellate tribunal's direction came over a petition filed by the lenders of debt-ridden Essar Steel requesting an early hearing on acco...
Lenders move NCLAT for early hearing in Essar Steel caseThe NCLAT had on May 22 ordered status quo on insolvency of Essar Steel for two months as it admitted petitions of NuMetal and ArcelorMitta...