nclat

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    Key Dates Unknown: NCLAT Postpones Hearing on Vedanta vs. Adani Dispute

    Vedanta vs Adani Showdown Hits Pause: NCLAT Adjourns Hearing Over ₹14,535-Crore JAL Bid NCLAT Hearing on Vedanta-Adani JAL Showdown Adjourned The National Company Law Appellate Tribunal (NCLAT) has adjourned the hearing concerning Vedanta Group’s petitions challenging the selection of Adani...
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    NCLAT Sets 3-Month Deadline for Future Lifestyle Fashion Insolvency

    New Delhi, April 6 The National Company Law Appellate Tribunal has ordered the completion of the insolvency proceedings for Future Lifestyle Fashion within three months.While rejecting an appeal filed by an operational creditor, a two-member bench has asked the Resolution Professional and the...
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    Legal Update: NCLAT Dismisses Order Requiring DMRC to Revive Parking Deal

    New Delhi, April 2 In a relief to the Delhi Metro Rail Corporation (DMRC), the appellate tribunal, NCLAT, has stated that DMRC is not bound to revive the concession agreement with Pratibha Industries Ltd (PIL) for a multi-level parking at one of its stations.Earlier, on July 30, 2024, the NCLT...
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    MMTC Challenges NSEL Settlement, But NCLAT Upholds Decision

    New Delhi, March 30 The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed an appeal by state-owned trading firm MMTC, challenging the one-time settlement (OTS) between National Spot Exchange Ltd (NSEL), backed by 63 Moons, and traders.The Mumbai bench of the National Company...
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    NCLAT Restricts Insolvency Proceedings Against Vatika to Gurgaon Project ‘Aspirations’

    NCLAT Restricts Insolvency Proceedings Against Vatika to Gurgaon Project ‘Aspirations’ Appellate Tribunal Modifies NCLT Order, Limits CIRP Scope New Delhi, March 30: In a partial relief to NCR-based real estate firm Vatika, the National Company Law Appellate Tribunal (NCLAT) has restricted the...
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    NCLAT Upholds NCLT's Power to Freeze Demat Accounts in Insolvencies

    NCLAT Upholds NCLT’s Power to Unfreeze Demat Accounts During Insolvency NCLAT Dismisses BSE Appeals on Jurisdiction Issue The National Company Law Appellate Tribunal (NCLAT) has dismissed appeals filed by Bombay Stock Exchange (BSE), affirming that the National Company Law Tribunal (NCLT) has...
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    UltraTech Settles Arbitration Dispute with Jaiprakash Associates

    New Delhi, March 26 Leading cement maker UltraTech Cement on Thursday said it has settled with Jaiprakash Associates Ltd (JAL) in the arbitration dispute over the Dalla Super unit and associated mines.In a regulatory filing, UltraTech Cement said 1,00,000 Series A Redeemable Preference Shares...
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    Vedanta Challenges Adani's Jaiprakash Acquisition in NCLAT

    Vedanta Challenges NCLT Approval of Adani’s ₹14,535 Crore Bid for Jaiprakash Associates New Delhi, March 22: The Vedanta Group has moved the National Company Law Appellate Tribunal (NCLAT), contesting the National Company Law Tribunal’s approval of Adani Enterprises Ltd’s ₹14,535 crore...
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    IL&FS Debt Crisis: NCLAT Waives CSR Obligations for Key Entities

    NCLAT Grants CSR Exemption to IL&FS Red and Amber Companies Amid Debt Resolution Tribunal Relief Covers Around 50 IL&FS Entities Under Moratorium New Delhi, March 22: The National Company Law Appellate Tribunal (NCLAT) has granted relief to IL&FS Group companies classified under the ‘red’ and...
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    Supreme Court to Hear Meta and WhatsApp Pleas Against ₹213.14 Crore CCI Penalty on Monday

    The Supreme Court is set to hear on Monday the petitions filed by Meta Platforms and WhatsApp challenging a ₹213.14 crore penalty imposed by the Competition Commission of India over WhatsApp’s privacy policy.The case places the spotlight once again on data sharing practices, privacy rights...
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    NCLAT Allows Withdrawal of Insolvency Proceedings Against Mahagun After Settlement With IDBI Trusteeship

    Settlement Brings Relief to Realty Firm Mahagun The National Company Law Appellate Tribunal has directed the withdrawal of insolvency proceedings against real estate firm Mahagun (India) after the company reached a settlement with its financial creditor.A two member bench of the appellate...
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