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nclat
Supertech plans to raise around Rs 300 crores to expedite construction at its ongoing projects
Wed, Jun 22, 2022
In a statement, Supertech said it has "resumed construction in full swing" at all its projects after the orders of the National Company Law Appellate Tribunal (NCLAT) dated June 10, allowing the company to continue project execution at all projects and limiting the scope of corporate insolvency resolution process ordered by NCLT earlier.
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Implementation of Jet Airways resolution plan subject to outcome of order, says NCLAT
Tue, May 31, 2022
Insolvency appellate tribunal NCLAT on Monday said the implementation of Jalan-Kalrock consortium resolution plan for Jet Airways would be subject to the outcome of its order over the appeals filed before it.
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NCLAT junks Anil Agarwal-led firm's takeover of Videocon, calls for fresh bids
Wed, Jan 05, 2022
A bankruptcy appeals court on Wednesday scrapped billionaire Anil Agarwal-led Twin Star Technologies' winning bid to take over Videocon Industries Ltd on a plea by some creditors that the money offered imposed a steep Rs 62,000 crore haircut upon banks.
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NCLAT stays CCI order imposing Rs 873 cr penalty on UBL, other beer makers
Sat, Dec 25, 2021
National Company Law Appellate Tribunal (NCLAT) has imposed a stay on the orders passed by the fair trade regulator CCI slapping penalties on several beer makers, including United Breweries Ltd that faces a fine of Rs 751.8 crore
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Department of Telecommunication moves NCLAT against resolution of Videocon; claims Rs 881.92 crore due
Fri, Dec 10, 2021
The IBC cannot be invoked for the resolution of "fraudulent and malicious intent" of withholding the huge arrears payable to the government and others, said DoT's submission, recorded in NCLAT order.
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NCLAT asks NCLT to provide hearing opportunity to 2 top Videocon Telecom execs whose bank a/cs were frozen
Sun, Oct 24, 2021
The NCLAT observed that as per the National Company Law Tribunal Rules, 2016, both the appellants - Arvind Bali and Satpal Bansal - former CEO and CFO of the debt-ridden company, were not provided an opportunity of hearing and to file their reply by NCLT
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ZEEL gets time from NCLT to file reply by 22nd Oct on Invesco matter
Fri, Oct 08, 2021
The development comes a day after the National Company Law Appellate Tribunal (NCLAT) in its order said that the National Company Law Tribunal (NCLT) has not given sufficient time to Zee Entertainment Enterprises Limited (ZEEL) to file its reply on Invesco plea.
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Setback for Invesco! ZEEL should get sufficient time to file reply - NCLAT tells NCLT
Thu, Oct 07, 2021
The National Company Law Appellate Tribunal (NCLAT) in its order on Thursday has said that the National Company Law Tribunal has not given sufficient time to Zee Entertainment Enterprises Limited (ZEEL) to file its reply on Invesco plea.
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NCLAT issues notices to CoC, DHFL and Piramal on 63 moons plea
Tue, Jul 06, 2021
The National Company Law Appellate Tribunal (NCLAT) has issued notices to the committee of creditors (CoC), the administrator of DHFL and Piramal Capital and Housing Finance Ltd on a plea by 63 moons technologies against the Dewan Housing Finance Ltd (DHFL) resolution plan approved by National Company Law Tribunal
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NCLAT stays distribution of Rs 4,400 cr of sale proceeds from Reliance Infratel resolution plan - Major setback for the Chinese Banks consortium
Tue, Jun 22, 2021
National Company Law Appellate Tribunal (NCLAT) has stayed distribution of Rs 4,400 cr of sale proceeds from Reliance Infratel (RITL) resolution plan. This is being seen as a major setback for the Chinese Banks consortium – China Development Bank, China Exim Bank and ICBC Bank.
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NCLAT upholds NCLT order to initiate insolvency proceedings against Meenakshi Energy
Fri, Sep 11, 2020
In addition to this, the petitioners had also contended that SBI had moved its insolvency plea before the NCLT following a RBI Circular of February 12, 2018, and the Supreme Court had struck it down declaring the circular as ultra vires.
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McDonald's selects Sanjeev Agrawal as new partner for north, east India markets
Mon, Feb 03, 2020
"Agrawal has a strong understanding and passion for the McDonald's brand, insights into the local market, and a proven track record of driving quality and innovation in the food and beverage and hospitality industries," said McDonald's Asia Director Corporate Relations Barry Sum.
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Tata Sons moves SC against NCLAT order to re-appoint Cyrus Mistry as Chairman
Thu, Jan 02, 2020
Tata Sons on January 2 moved the Supreme Court of India against the National Company Law Appellate Tribunal (NCLAT) order that directs reinstatement of Cyrus Mistry as Executive Chairman. #ZeeBusiness #Tata #TataSons #NCLAT #CyrusMistry
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