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The Latest Breaking News from NCLAT

Implementation of Jet Airways resolution plan subject to outcome of order, says NCLAT

NEW DELHI: Insolvency appellate tribunal NCLAT on Monday said the implementation of Jalan-Kalrock consortium resolution plan for Jet Airways would be subject to the outcome of its order over the appeals filed before it.

The Times of India · May 30, 2022

Jet officers’ union challenges revival plan in NCLAT

Group demands liquidation proceeds be used for payment of dues to staff

The Hindu · May 26, 2022

Pawan Hans winning bidder fund appeals against NCLT order in another case due to which divestment put on hold

NEW DELHI: Cayman Island-based Almas Global Opportunity Fund SPC (AGOF) on Tuesday said it is moving NCLAT against an adverse ruling from a NCLT Bench in the revival of a Kolkata-based firm EMC Ltd.

The Times of India · May 17, 2022

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NCLAT reserves order on Amazon's plea against CCI ruling

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has reserved its order on Amazon's plea challenging the decision of regulator CCI to suspend approval for the e-commerce major's deal with Future Coupons.

The Times of India · Apr 26, 2022

SC to hear Cyrus Mistry’s plea to remove remarks against him after 10 days

The Supreme Court on Friday adjourned by 10 days the hearing on a plea by Shapoorji Pallonji group scion Cyrus Mistry for expunging remarks made against him by the apex court in a judgment upholding Tata group’s decision to remove him as its executive chairman. Appearing before a Bench led…

The Hindu · Feb 28, 2022

CCI does not have powers to keep own order in abeyance: Amazon tells NCLAT in Future case

NEW DELHI: Amazon on Friday questioned Competition Commission's decision to keep in abeyance the more than two-year-old approval for the e-commerce major's deal with Future Coupons Pvt Ltd (FCPL), arguing that the regulator does not have the power to keep its own order in abeyance.

The Times of India · Feb 25, 2022

SC asks Amazon, Future group to urge NCLAT to decide plea of US e-commerce major

NEW DELHI: The Supreme Court on Wednesday asked Amazon and Future group to request the NCLAT to decide a plea challenging the revocation of sanction to the US e-commerce major for its deal with Future group's firm by the Competition Commission of India (CCI).

The Times of India · Feb 23, 2022

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Tribunal sets aside nod given to MGM Healthcare MD‘s bid for Appu Hotels

The National Company Law Appellate Tribunal (NCLAT), Chennai, has set aside the approval given to MGM Healthcare managing director M.K. Rajagopalan for making a ₹423-crore bid to take over Appu Hotels Ltd.. Appu Hotels owns and operates Le Meridien in Chennai and Coimbatore.

The Hindu · Feb 17, 2022

NCLAT to hear Amazon's interim plea to stay CCI order suspending Future Coupons deal approval

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) will hear e-commerce major Amazon's interim plea on February 14, seeking a stay over the order passed by fair trade regulator CCI that had suspended the over two-year-old approval for its deal with Future Coupons Pvt Ltd (FCPL).

The Times of India · Feb 7, 2022

Devas shareholders move another arbitration

Supreme Court had upheld NCLAT order.

The Hindu · Feb 3, 2022

NCLAT directs Jalan-Kalrock consortium to share resolution plan details with Jet Airways' workmen

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) on Thursday directed the Kalrock-Jalan consortium, the winning bidder for bankrupt Jet Airways, to share portions of the resolution plan pertaining to claims of employees with the airline's workmen.

The Times of India · Jan 20, 2022

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