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NATIONAL COMPANY LAW APPELLATE TRIBUNAL
After Supreme Court rap, JDA swings into action, serves notices to illegal commercial units in JaipurWeeks after the Supreme Court pulled up civic authorities across the country over rampant misuse of residential properties for commercial p...
SC issues notice on Venugopal Dhoot's plea against order upholding separate insolvency for VIL, VOVLThe Supreme Court will hear Venugopal Dhoot's plea against an NCLAT order. This order upheld separate insolvency proceedings for two Videoc...
Gratuity, leave encashment not part of CIRP cost: NCLATThe NCLAT dismissed an appeal regarding priority payment of gratuity dues. It upheld an earlier NCLT order concerning Duncans Industries' f...
ITAT rules Cloudera Inc's software subscription revenue not taxable as royaltyThe ITAT has ruled that Cloudera's software subscription fees from Indian customers are not taxable in India as royalty or technical servic...
Supreme Court seeks responses of EC, Bengal govt on plea for data on claims of voters deleted under SIRThe Supreme Court has asked election officials to address issues surrounding voter data transparency. A PIL points out the challenges of ha...
Byju’s creditors clear Aakash settlement proposalThink & Learn's creditors have approved a settlement for the Aakash Educational Services shareholding dispute. This development brings Byju...
SHH promoters deposit ₹200 crore to settle ₹648 crore duesSupreme Housing promoters deposited ₹200 crore for a ₹518 crore debt settlement. Canara Bank expects about ₹475 crore from this one-time se...
Bengaluru professor who gave 19 years to her college reinstated after one-line termination: Court rules in her favour after finding she was actively teachingAn assistant professor secured reinstatement after nearly two decades of service. Jain College terminated her employment with a one-line no...
South China Sea: India backs 2016 tribunal ruling, calls for freedom of navigationIndia has called for upholding freedom of navigation and unimpeded commerce in the South China Sea. New Delhi also backed a 2016 internatio...
NCLT clears 78 resolution plans involving Rs 5,518 cr in June quarterThe National Company Law Tribunal approved 78 resolution plans totaling Rs 5,517.66 crore. This marks the highest first quarter performance...
Income Tax tribunal extends stay on Xiaomi India's Rs 10,833 crore tax demandThe Income Tax Appellate Tribunal has extended a significant tax demand stay. This stay now covers approximately ₹10,833.22 crore for Xiaom...
Supreme Court adjourns suo motu case on NCLT vacancies, infrastructure; says appointments process underwayThe Supreme Court has postponed a hearing on NCLT member appointments and infrastructure. The court noted that the appointment process for ...
NCLT refuses to reinstate Juliet Apparels founder Gunvant Trevadia as DirectorMumbai-based Juliet Apparels Pvt. Ltd. owns the women's innerwear brand 'Juliet'. The dispute is between two branches of the family that fo...
SC sets aside 'foreigner' tag on 27 people, orders fresh hearingThe Supreme Court set aside Gauhati High Court judgements on foreigner declarations. It stressed that determining citizenship must follow a...
SC says SAT order in Bombay Dyeing case not to be treated as precedent, but refuses stayThe Supreme Court declined to halt a Securities Appellate Tribunal order concerning Bombay Dyeing. SEBI's plea challenging the tribunal's d...
NCLAT allows withdrawal of insolvency case against Oswal Overseas after settlement with creditorThe National Company Law Appellate Tribunal allowed Oswal Overseas' appeal withdrawal after a settlement. Oswal Overseas and LH Sugar Facto...
CCI moves SC against NCLAT order quashing penalty on GrasimIndia's competition regulator is taking a stand by appealing to the Supreme Court over a tribunal’s recent decision that invalidated a ₹300...
Unchecked AI use in courts could be 'catastrophic': SCThe Supreme Court has issued a stern warning regarding the unchecked use of artificial intelligence in legal proceedings, deeming it potent...
NCLAT upholds ED's PMLA powers over insolvency moratoriumThe National Company Law Appellate Tribunal has ruled that companies in insolvency proceedings cannot shield assets suspected of being proc...
NCLAT revives IL&FS plea in Rs 1,080 crore circuitous transactions, sets aside NCLT orderThe National Company Law Appellate Tribunal (NCLAT) has revived IL&FS's plea concerning Rs 1,080 crore in alleged circuitous lending transa...