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National Company Law Appellate Tribunal Nclat
Business  /  Published 18.01.22

SC upholds decision to wind up Devas

The Supreme Court has upheld the decision to wind up Devas Multimedia Pvt. Devas is at the centre of a snowballing controversy that erupted after the UPA government in 2011 annulled an agreement that...
By Our Legal Correspondent in New Delhi

Business  /  Published 14.01.22

Future-RIL deal: Setback for Amazon

The National Company Law Appellate Tribunal (NCLAT) has refused to grant a stay on the Competition Commission of India’s order that withheld approval to Amazon Inc’s acquisition of a 49 pe...
By Our Bureau, PTI in New Delhi

Business  /  Published 06.01.22

Fresh Videocon bids open

The National Company Law Appellate Tribunal (NCLAT) on Wednesday set aside an order of the Mumbai bench of the National Company Law Tribunal (NCLT) that had approved a resolution plan submitted by Ani...
By Our Special Correspondent in Mumbai

Business  /  Published 26.12.21

NCLAT stays penalty on beer makers

⚫ The beer makers, including United Breweries, have to deposit 10% of the penalty amount by way of ‘Fixed Deposit Receipt’ within three weeks. ⚫ The CCI had imposed penalties totallin...
By PTI in New Delhi

Business  /  Published 15.12.21

SC clips IBC tribunals’ wings

In a significant verdict, the Supreme Court on Tuesday held that the National Company Law Tribunal (NCLT) cannot compel a party to settle a dispute under the Insolvency and Bankruptcy Code (IBC) as it...
By PTI in New Delhi

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Business  /  Published 11.12.21

DoT bid to revoke Videocon resolution

The Department of Telecommunications (DoT) has moved the insolvency appellate tribunal NCLAT against the NCLT order approving the consolidated resolution plan for 13 companies of Videocon Group, inclu...
By PTI in New Delhi

Business  /  Published 02.12.21

Kotak bid to revive McNally Sayaji fails

The National Company Law Appellate Tribunal (NCLAT) has dismissed a petition filed by Kotak Mahindra Bank along with a director of debt-ridden McNally Sayaji Engineering Ltd (MSEL) to set aside insolv...
By PTI in New Delhi

Business  /  Published 24.11.21

Tribunal stay on Maruti penalty

Appellate tribunal NCLAT has stayed the Rs 200-crore penalty imposed by the Competition Commission on Maruti Suzuki but directed the car maker to deposit 10 per cent of the total amount within three w...
By PTI in New Delhi

Business  /  Published 19.11.21

Lenders seek fresh bids for Videocon

The committee of creditors (CoC) of Videocon Industries on Thursday asked the National Company Law Appellate Tribunal (NCLAT) to allow fresh bids for the company. In September, the lenders had approa...
By Our Bureau in Mumbai

Business  /  Published 18.10.21

NCLT vacancy remains

The government has sought applications for a total of 20 positions of judicial and technical members at the National Company Law Tribunal (NCLT) as well as the appellate tribunal NCLAT.  &nb...
By PTI in New Delhi


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