The decision of the NCLT was challenged by way of a petition by Sanjeev Kumar Sharma, who was a director on the now-suspended board of Dadheech Infrastructures
The NCLT bench observed the resolution plan submitted by Ace Infracity Developers has been approved by the Committee of Creditors (CoC) with 100 per cent votes and it can not "interfere with the "commercial wisdom" of the...
Go First has not operated its flights since May 3
CUTS had challenged an order by the Competition Commission of India which rejected its plea on September 13, 2022, for seeking an investigation into the merger
Go First has not operated its flights since May 3, a day after it filed for bankruptcy
In a relief for the consortium, NCLAT extended the timeline for payment obligation by excluding the time period between November 16, 2022 and March 3, 2023 -- the time period when it was hearing the petition filed by lenders
NCLAT granted one week time to file a reply to the operational creditor and rejoinder by CONCOR, if any, to be filed within two weeks thereafter and directed to list this appeal on September 4, 2023 for the next hearing
A senior official at the Directorate General of Civil Aviation (DGCA) said Go First has submitted its response to the regulator's show cause notice, indicating that it is working on the details of a plan to resume flights at...
NCLAT had upheld NCLT order admitting Go First's insolvency plea
A two-member NCLAT bench closed the Corporate Insolvency Resolution Process (CIRP) initiated by the Kolkata bench of the National Company Law Tribunal (NCLT)...
A two-member NCLAT bench on Tuesday heard the plea of Engine Leasing Finance and reserved its order
CCI imposed a penalty of Rs 936.44 crore on Google and issued a cease-and-desist order
The appellate tribunal has said the corporate debtor (Zee Learn) had also moved an interim application before NCLT requesting to dismiss the Section 7...
A two-member bench comprising Justice Rakesh Kumar and Alok Srivastava issued notices to the Competition Commission of India (CCI) and other respondents and...
Jindal Stainless Ltd (JSL) submitted its Rs 190 crore bid for Rathi Super Steel after the liquidator forwarded the application before the National Company Law...
A bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad said that the authorities shall also comply with the undertakings given by them.
While strict tribunal judges have become stricter following instances of dereliction of duties by Interim Resolution Professionals, the latter claim they waste...
The CCI order was challenged by Amazon before the NCLAT, an appellate authority over the fair trade regulator, which in turn upheld the findings
Proceeds from these transactions would be used by IL&FS board towards reducing overall debt as per the resolution framework approved by the National Company...
In the past two years, the NCLAT has passed similar orders in a couple of other cases as well. This is being termed “Reverse CIRP” in legal circles
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...
In December last year, CCI had suspended the approval given by it in 2019, for Amazon's deal to acquire a 49 per cent stake in Future Coupons Pvt Ltd...
The interim distribution award of Rs 16,361 crore includes Rs 11,296 crore in cash and Rs 5,065 crore in InvIT units (Infrastructure Investment Trusts) and a...
While hearing a batch of petitions against the NCLT order approving Jet Airways' resolution plan, a two-member bench of the National Company Law Appellate...
Last week, Jet Airways' air operator certificate was revalidated by the aviation regulator DGCA, paving the way for the relaunch of the airline, which was...
