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NCLT JUDGES
Family Trusts need a rethink: DPDP, PMLA rules collide with informal promoter structuresIndia's family businesses face a complex succession era due to evolving regulations and generational differences. Law firms like Veritas Le...- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- Criticism regarding delays should not be ignored: NCLT ChiefAnupinder Singh Grewal, the new chief of NCLT, has openly recognized the long-standing delays in resolving cases, emphasizing that such fee...
- Plea against NCLT acting president appointment infructuous, says Delhi HCThe Delhi High Court has officially dismissed a petition that was questioning the legitimacy of the acting president's role at the National...
- 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...
- Proposal afoot to expand NCLAT strength to 20The Indian government is considering an important proposal to increase the number of members in the National Company Law Appellate Tribunal...
- Govt appoints 15 judicial, technical members at NCLTAs many as 9 judicial members and 6 technical members have been appointed to the NCLT, according to an official order. These members have b...
- Reappoint NCLT judges within two months: SC to Govt“As the strength of the members of the NCLT and NCLAT is depleting which would be detrimental to the smooth functioning of the Tribunals, w...
- Petitions filed in SC seeking extension of NCLT judgesThe dedicated insolvency courts are already witnessing an acute shortage of judges. The Supreme Court Monday listed the matter for hearing ...
- Bankruptcy: NCLT delays compounded by lack of new appointmentsThe government's prepackaged resolutions for MSMEs is also likely to put further strain on the system. Bankers, lawyers, Insolvency and Ban...
- Challenge to transfer order: NCLT member joins new posting in Kolkata, HC toldThe acting president of NCLT, BSV Prakash Kumar, by April 30 and May 12 orders, had shuffled the posting of the NCLT members, which has bee...
- Ministry of corporate affairs notifies investigation rules for cases against NCLT judgesAs per the procedure laid down, the committee shall submit its findings to the President of India. If the President finds that any charges ...
- Govt appoints 30 new judges in NCLT courts across IndiaThe new appointments come even as the NCLT court in the city is shifting to a larger office downtown as current court infrastructure is str...
- Govt set to appoint 36 members for NCLT courtsThe government is expected to finalise 36 such appointments before the Election Code of Conduct kicks in.
- JSW seeks fresh round of bidding for Essar SteelThe NCLT directed the resolution professional (RP) to place before the CoC the first round of bids from Numetal and ArcelorMittal.
- NCLT to pronounce judgement not later than 12th April in ArcelorMittal vs Numetal caseArcelorMittal, Committee of Creditors (CoC) and Numetal lawyers had come up with new documents/submissions, which they need to submit by Mo...
- NCLT judge asks CoC to look at Binani Industries applicationThe NCLT judge contended that in the larger interest of the creditors, the CoC could give it a consideration.
- NCLT judges say Tatas to sail through "devastating storm"The two-member bench comprising of judges BSV Prakash Kumar and V. Nallasenapathy ruled that Mistry family’s firms aren’t qualified to file...
- Supreme Court reserves verdict on constitutional validity of company TribunalDattar submitted that the Act is such that all civil servants would be eligible to be in the Tribunal and the judiciary will be taken out w...
- National Company Law Tribunal likely to be operational by April 2014The tribunal is to be set up under the Companies Act, 2013. The legislation is being implemented by the Corporate Affairs Ministry.
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