National Company Law Appellate Tribunal

Tuesday, Apr 16, 2024 | Last Update : 12:26 PM IST

National Company Law Appellate Tribunal

None else than Chief Justice N.V. Ramana has expressed displeasure at these new appointments, stating that the government ignored the candidates recommended by the selection committee. (PTI photo)

Dilip Cherian | Govt bends to apex court over filling vacancies in law tribunals

An unprecedented new situation has developed at the secretary-level in the Narendra Modi sarkar

22 Sep 2021 1:23 AM

With its seemingly endless saga of mismanagement and irregularities, the Club has been in the limelight a lot, unfortunately. (Image: delhigymkhana.org.in)

Dilip Cherian | ‘Takeover’ of Gymkhana Club strikes fear in Lutyens’ Delhi

This is the first time in the Club’s history that an administrator has been appointed to run its affairs

24 Feb 2021 7:10 AM

Registrar of Companies on Monday moved NCLAT requesting to amend its order and remove the word "illegal" with respect to the conversion of Tata Sons from a public company to private company.

Tata Sons verdict: Corp Affairs Min seeks modification in NCLAT order

The petition filed by RoC was mentioned on Monday before NCLAT, which has directed to list the matter on January 2, 2020 for hearing.

23 Dec 2019 1:07 PM

NCLT had barred Dutch Court Administrator from taking part in the Jet Airways insolvency proceedings in India. (Photo: File)

NCLAT allows Dutch court administrator to attend Jet Airways CoC meetings

One of the Jet Airways aircraft, parked in the Schiphol Airport in Amsterdam, has already been seized.

26 Sep 2019 12:30 PM

NCLAT's direction came while hearing a petition filed by the Dutch Court Administrator against the order of the Mumbai bench of the National Company Law Tribunal (NCLT), which had declared overseas bankruptcy proceedings null and void in the Jet Airways insolvency case. (Photo: Representational/PTI)

NCLAT asks Jet Airways IRP to cooperate with Dutch Court Administrator

The Dutch Court Administrator has also agreed before NCLAT not to sell the confiscated assets of debt-ridden Jet Airways.

04 Sep 2019 3:36 PM

In the voting process that concluded on June 10, majority of banks voted against NBCC's bid to acquire the debt-laden firm.

Jaypee Infratech creditors meet to take stock of insolvency process

Last week, lenders filed a petition before the NCLAT to allow them to vote against NBCC's bid in ongoing insolvency process.

20 Jun 2019 8:07 PM

A two-member bench headed by Chairman Justice S J Mukhopadhaya asked all parties, including ArcelorMittal, to file their written submissions over their submissions by Wednesday.

NCLAT reserves order on ArcelorMittal takeover of Essar Steel

Essar Steel has reported an Ebitda of around Rs 4,000 crore during the over 600 days of insolvency period.

21 May 2019 5:22 PM

Presently, Infrastructure Leasing & Financial Services (IL&FS) Group companies, with a collective debt of over Rs 90,000 crore, are going through resolution process.

NCLAT allows banks to declare defaulting ILFS accounts as NPAs

NCLAT has observed that lenders must not withdraw support until a resolution is found of the IL&FS and its group companies.

02 May 2019 4:55 PM

Financial creditors recovered 48.24 per cent of their admitted claims and operational creditors got 48.41 per cent of their admitted claims. (Representational Image)

Creditors recover nearly half of total claims in 88 insolvency cases

Claims totalling a little over Rs 1.42 trillion were admitted in 88 cases under IBC till Feb 28, IBBI data showed.

15 Apr 2019 2:02 PM

NCLAT listed the matter for next hearing on April 22 and said "CoC would not approve any other plan" in between.

Lenders ask for fresh round of bidding for Amtek Auto at NCLAT

Amtek Auto has a total debt of Rs 12,603 crore and the liquidation value of its assets was determined at Rs 4,119 crore.

29 Mar 2019 2:55 PM

"The show cause notices of March 14 and 15 and letter dated March 20, 2019, by DoT is against the direction passed by this tribunal," the NCLAT said.

NCLAT stays DoT's show cause notices to RCom for cancellation of spectrum licence

A two-member bench also stayed the DoT's letter dated March 20, 2019 to Axis Bank to encash the bank guarantee of Rs 2,000.

26 Mar 2019 3:59 PM

"The appropriate order be passed on an early date preferably within two weeks from the date of the production of the copy of this order," the NCLAT order added.

NCLAT sets aside Jyoti Structures liquidation, asks NCLT to consider Rs 4K-cr plan by Sanghi, others

"The case is remitted to NCLT, Mumbai to approve the plan..." said NCLAT in its order.

24 Mar 2019 4:52 PM

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Aakar Patel