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National Company Law Appellate Tribunal Nclat
Business  /  Published 07.12.20

Mittal wins reprieve in payment to OSPIL

The National Company Law Appellate Tribunal (NCLAT) has stayed a lower court order which had directed ArcelorMittal India Pvt Ltd (AMIPL) to pay Rs 1,308.87 crore to Odisha Slurry Pipeline Infrastruct...
By Our Special Correspondent in Calcutta

Jharkhand  /  Published 06.11.20

Incab hearing on December 15

The National Company Law Appellate Tribunal (NCLAT) hearing on Incab Industries Limited on Friday took a strange turn when a private firm M/s. Tropical Ventures through its advocate staked claim of Rs...
By Pinaki Majumdar in Jamshedpur

Jharkhand  /  Published 28.09.20

Next Incab hearing on November 6

The New Delhi-based National Company Law Appellate Tribunal (NCLAT) conducted a virtual hearing on Incab Industries Limited on Monday. During the 20-minute hearing a two-member bench comprising Justi...
By Pinaki Majumdar in Jamshedpur

Business  /  Published 26.09.20

Aircel spectrum tiff rages on, NCLAT to decide

In 2016, Airtel has entered into the Rs 3,500-crore deal with Aircel to acquire rights to use the latter’s 4G spectrum in eight telecom circles – Tamil Nadu (including Chennai), Bihar...
By Our Legal Correspondent in New Delhi

Business  /  Published 04.09.20

Clarity on insolvency

The National Company Law Appellate Tribunal (NCLAT) has said insolvency proceedings cannot be triggered on the basis of debt that has been converted into capital such as equity of a company. The appe...
By PTI in New Delhi

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Business  /  Published 08.07.20

UltraTech Cement to sell China plant for $120m

UltraTech Cement on Tuesday announced that  its arm-Krishna Holdings Pte Ltd (Krishna) will sell its entire stake in Shandong Binani Rongan Cement Company Ltd for an enterprise value of $120 mill...
By Our Special Correspondent in Mumbai

Business  /  Published 11.02.19

Select IL&FS arms to start debt servicing

The National Company Law Appellate Tribunal (NCLAT) has allowed 22 domestic arms of the IL&FS group to service their debt obligations, providing a much needed relief to the lenders.Additionally, t...
By Our Special Correspondent in Mumbai

Business  /  Published 05.01.20

Mistry no to Tata Sons top job

Cyrus Mistry has said he will not press his claim to the executive chairman’s position at Tata Sons or the directorships at three Tata group firms but will assert his right to a board seat at the $1...
By Our Special Correspondent in Mumbai

Business  /  Published 04.02.19

Advantage JSW in Bhushan Power race

Essar Steel caseThe National Company Law Appellate Tribunal on Monday directed the NCLT’s Ahmedabad bench to take a final decision on ArcelorMittal’s Rs 42,000-crore resolution plan for Essar Stee...
By Our Special Correspondent in Calcutta

Business  /  Published 02.01.20

NCLAT reviews judgment

The National Company Law Appellate Tribunal (NCLAT) has adjourned till Friday the hearing of the Registrar of Companies’ (RoC) plea, seeking modifications in its judgment which had reinstated Cyrus ...
By Our Special Correspondent in New Delhi


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