NCLAT upholds NFRA’s power. What does it mean for auditors and larger financial sectorThe NFRA can also recommend accounting and auditing policies and standards to the government for adoption. Before it was set up, the Instit...
NCLAT upholds NFRA penalty on DHFL auditorsThe National Company Law Appellate Tribunal has upheld the penalty imposed by the National Financial Reporting Authority (NFRA) on auditors...
DHFL: NCLAT sets aside NCLT order that directed to consider Wadhwan's second offerThe appellate tribunal observed that NCLT has passed directions to consider the second proposal from Wadhwan, despite the fact that the Com...
Piramal Group plans to move Supreme Court challenging NCLAT order on DHFLThe National Company Law Appellate Tribunal (NCLAT) on Thursday, while delivering a judgement on 63 Moons Technologies petition had directe...
NCLAT asks DHFL lenders to reconsider resolution plan on avoidable transactions valuation aspectDHFL is undergoing insolvency resolution proceedings after the NCLT, on November 20, 2019, admitted Reserve Bank of India's plea over gover...
DHFL Case: NCLAT to hear FD, NCD holders and Wadhawan's plea on September 29In June, the Mumbai bench of the National Company Law Tribunal (NCLT) approved the resolution plan of Piramal Capital and Housing Finance L...
Piramal seeks RBI nod to settle DHFL’s foreign debtThe Piramal group has sought the Reserve Bank of India’s (RBI) permission to reach a settlement and issue new debentures to the foreign len...
NCLAT says any further action on Piramal's DHFL Resolution Plan subject to 63 moons pleaAt present, the NCLAT has not interfered at the interim stage. Refusing to stay implementation on Piramal's Resolution Plan after 63 Moons ...
DHFL resolution: NCLAT issues notices to lenders, Piramal on 63 Moons Tech's pleaThe appellate tribunal has directed all parties to file their replies before July 19, which is the next date of hearing.
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...
63 Moons to move NCLAT against Piramal's bid for DHFLIn November 2019, DHFL became the first NBFC to be referred for bankruptcy by the RBI.
DHFL lenders may move NCLT against guarantorsBanks, sources said, have examined the possibility of moving the National Company Law Tribunal (NCLT) with the Supreme Court last month pav...
IBC review likely to keep promoters outThe government will examine the Insolvency and Bankruptcy Code (IBC) to stop defaulting promoters from wresting back control of companies b...
Kapil Wadhawan appeals against NCLAT stay on his offer for DHFL in SCNCLAT on May 25 stayed the Mumbai NCLT’s order directing the administrator of DHFL to consider a settlement proposal from its former promot...
Appellate Tribunal stays Mumbai NCLT order to consider Kapil Wadhawan's DHFL settlement offerBut, this does not debar the insolvency court in Mumbai to pronounce its decision on the resolution plan submitted by the Piramal group, wh...
DHFL lenders challenge NCLT order on considering Wadhawan's offerAn appeal challenging NCLT Mumbai bench's order has been filed before the National Company Law Appellate Tribunal (NCLAT) and is scheduled ...
DHFL lenders, RBI administrator file applications at NCLAT against Kapil Wadhawan's offerPiramal Group, which was the successful bidder to own the indebted home financier is contemplating a legal action against the NCLT’s order ...