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NCLAT RULING
NCLAT upholds full PF, gratuity payments for Jet Airways employeesIn a landmark decision, the NCLAT has ruled that former Jet Airways employees are entitled to their full provident fund and gratuity dues, ...- PRISM’s IPO filing mentions Zostel case, CCI investigationIn its UDRHP-I filing to Sebi, the company any 'adverse' outcome in legal proceedings involving Zostel may materially and adversely affect ...
- NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...
- SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penaltyThe Supreme Court has relieved Amazon by setting aside a Rs 202 crore penalty. The apex court also suspended the e-commerce giant's deal wi...
- 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 ...
- Supreme Court upholds CCI order, clears NSE of anti-competitive practices in co-location caseThe Supreme Court has backed the Competition Commission of India's decision. This means no investigation will occur against the National St...
- 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...
- NCLAT says NCLT cannot directly order SFIO Probe; refers matter to CentreThe National Company Law Appellate Tribunal (NCLAT) has held that the National Company Law Tribunal (NCLT) could not directly order an inve...
- Embassy Developments retains 78-acre Kadugodi land possession after Karnataka HC rulingEmbassy East Business Park retains possession of 78 acres in Bengaluru's Kadugodi Industrial Area. The Karnataka High Court overturned a Ka...
- NCLAT sets aside NCLT insolvency order against Embassy DevelopmentsEmbassy Developments has won a significant legal battle. The National Company Law Appellate Tribunal has cancelled an earlier order that pl...
- NCLAT dismisses Vedanta plea against Adani’s Jaiprakash Associates bid, upholds NCLT orderThe National Company Law Appellate Tribunal has dismissed Vedanta's challenges against Adani Enterprises' winning bid for Jaiprakash Associ...
- Insolvency law not a recovery mechanism, Supreme Court reiterates in key IBC rulingIn a landmark decision, the Supreme Court has clarified that insolvency law is not intended for the mere pursuit of debt recovery. It highl...
- 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...
- 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...
- NCLT reserves order on Torrent Investment's plea against lenders holding fresh round of biddingIn its appeal, Torrent Investment said the matter is pending with the Supreme Court and if the tribunal approves IIHL's Rs 9,650 crore reso...
- Supreme Court rejects petition by Cyrus Mistry to review judgment in Tata-Mistry caseThe court mentioned that there were no grounds on which the decision could be reviewed. The Supreme Court had ruled in favour of Tatas in o...
- Companies under liquidation can be sold as a ‘going concern’, rules NCLATA company can run usual operations or as a “going concern” even if it is in the process of being wound up in an administered sale, said a r...
- Corporate lenders vs taxman: Round one of bankruptcy bout goes to the lendersThe ruling will also set a precedent for several other IBC cases, say industry trackers. Often, the corporate lenders and the tax departmen...
- Tata vs Mistry: RoC moves NCLAT to implead in the caseOn Wednesday, the appellate tribunal reinstated Cyrus Mistry to the position of executive chairman of the $111-billion Tata group, ruling t...
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