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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.

 Department of Telecommunication moves NCLAT against resolution of Videocon; claims Rs 881.92 crore due 

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

NCLAT asks NCLT to provide hearing opportunity to 2 top Videocon Telecom execs whose bank a/cs were frozen

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.

ZEEL gets time from NCLT to file reply by 22nd Oct on Invesco matter

Setback for Invesco! ZEEL should get sufficient time to file reply - NCLAT tells NCLT

On September 22, ZEEL and Sony Pictures Networks India (SPNI) had announced their mergers, which will create the country's largest media company.

#DeshKaZee: ZEEL-Invesco matter - Zee Entertainment moves NCLAT 

Banks have accepted haircut up to 95%, which goes against the intent of Insolvency and Bankruptcy Code (IBC)

Is Commercial Wisdom undermining IBC? Experts call for relook

The Mumbai-based fintech company said the NCLAT has set September 15 for final hearing on the matter.

NCLAT says any further action on Piramal's DHFL Resolution Plan subject to 63 moons plea

The Board of IL&amp;FS expects to address an overall debt recovery of Rs 61,000 crore.&nbsp;

HERE IS WHY overall resolution of IL&FS group companies may stretch beyond current fiscal

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

NCLAT issues notices to CoC, DHFL and Piramal on 63 moons plea

NCLAT stays distribution of Rs 4,400 cr of sale proceeds from Reliance Infratel resolution plan - Major setback for the Chinese Banks consortium

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. 
&nbsp;

NCLAT upholds NCLT order to initiate insolvency proceedings against Meenakshi Energy

Taking precautionary measures amid coronavirus outbreak, the National Company Law Appellate Tribunal (NCLAT) has adjourned all its scheduled hearings in March

Coronavirus scare: NCLAT adjourns all hearings in March as precautionary steps

"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.

McDonald's selects Sanjeev Agrawal as new partner for north, east India markets

On Thursday, The NCLAT had asked the Registrar of Companies (RoC) to explain the rationale behind allowing Tata Sons to convert into a private company and also sought details of the process for the permission.

NCLAT to clarify Tata-Mistry order had no aspersions on RoC

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

Tata Sons moves SC against NCLAT order to re-appoint Cyrus Mistry as Chairman

NCLAT in its order had noted that "The conversion of the company from 'Public Company' to 'Private Company' as by the RoC is against the provisions of Section 14 of the Companies Act, 2013 and 'prejudicial’ and ‘oppressive’ to the minority members and depositors etc. &nbsp;and declared conversion of the ‘Tata Sons Limited’ from ‘Public Company’ to 'Private Company’ by Registrar of Companies, as illegal.'

Ministry of Corporate Affairs may challenge part of NCLAT decision in Tata-Cyrus Mistry Case: Sources

The company had in 2017 decided to convert into a private company whereby the shareholders would not be able to trade their shares, which was vehemently opposed by Cyrus Mistry and his family who have over 18 per cent stake in Tata Sons. 
&nbsp;

Cyrus Mistry family allowed to sell Tata Sons stake as per choice by NCLAT

"The outcome of the appeal is a vindication of my stand taken when the then Board of Tata Sons, without warning or reason removed me, first as the Executive Chairman, and subsequently as a Director of Tata Sons."

Cyrus Mistry: Stand vindicated, want robust governance framework

As the Supreme Court on Friday set aside the NCLAT ruling on Essar Steel that provided for equal distribution of proceeds between financial and operational creditors, decks have been cleared for ArcelorMittal's acquisition of the bankrupt steel company.

ArcelorMittal-Essar Steel: Why SC NCLAT ruling is a major success of insolvency mechanism in India - Explained

Essar Steel Insolvency: The Supreme Court has set aside the National Company Law Appellate Tribunal (NCLAT) judgement on Essar Steel case on November 15th.

Essar Steel Insolvency: SC quashes NCLAT ruling, clears ArcelorMittal takeover bid; SBI to PNB, bank stocks skyrocket

nclat-0

The matter goes way back to November 2024 when the CCI came to the conclusion that WhatsApp had indeed exercised its power in India’s OTT (Over-The-Top) messaging market unreasonably.

NCLAT grants partial relief to Meta, WhatsApp in privacy policy case

The Supreme Court on Monday, July 21, dismissed the petitions filed by the BCCI and Riju Ravindran, brother of Byju Ravindran, seeking withdrawal of insolvency proceedings against Byju. The court also refused to consider the settlement between the crisis-hit edtech company and the BCCI.

Supreme Court dismisses BCCI and Riju Ravindran pleas in Byju's insolvency case, refuses to consider settlement

The National Company Law Appellate Tribunal (NCLAT) has dismissed the plea filed by debt-ridden realty firm Supertech former promoter Ram Kishor Arora against personal insolvency proceedings initiated against him.

NCLAT dismisses Supertech promoter's plea against personal insolvency proceedings 

The National Company Law Appellate Tribunal (NCLAT) has dismissed IDBI Bank’s plea challenging a National Company Law Tribunal (NCLT) order that rejected the private lender’s request for insolvency proceedings against Zee Entertainment Enterprises Ltd (ZEEL).

IDBI Bank's insolvency appeal against ZEEL dismissed by NCLAT  

The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) also made clear it has not made any observations on the facts.

NCLAT directs NCLT to decide on BCCI-Byju's settlement within a week

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Department of Telecommunication moves NCLAT against resolution of Videocon; claims Rs 881.92 crore due

NCLAT asks NCLT to provide hearing opportunity to 2 top Videocon Telecom execs whose bank a/cs were frozen

ZEEL gets time from NCLT to file reply by 22nd Oct on Invesco matter

Setback for Invesco! ZEEL should get sufficient time to file reply - NCLAT tells NCLT

#DeshKaZee: ZEEL-Invesco matter - Zee Entertainment moves NCLAT

Is Commercial Wisdom undermining IBC? Experts call for relook

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