Page 10 - Nclat

NCLT committed error by not granting more time to Zee to file reply: NCLAT

NCLT order directing Zee to reply within two days violated principles of natural justice, said NCLAT

Invesco case: NCLT adjourns hearing; NCLAT to issue order on Zee plea soon

NCLT adjourned the hearing on Invesco's petition seeking convening of shareholders' meet by Zee Entertainment Enterprises, saying it will wait for the appellate tribunal's order related to the matter.

Zee-Invesco feud: NCLAT concludes hearing, to pass order later in the day

NCLAT completed the hearing on a petition filed by Zee Entertainment Enterprises Ltd seeking more time to reply to Invesco's demand for convening a shareholders' meeting.

ZEEL moves NCLAT for more time to file reply to Invesco's plea

The company is also calling for a stay on the proceedings in NCLT till the matter is decided in the appellate tribunal

Insolvency professionals back success fee, warn against over-regulation

The NCLAT held that success fee is more in the nature of contingency and speculative it is not part of IBC provisions and is not chargeable

Videocon insolvency: Lenders make U-turn, approach NCLAT for fresh bids

Billionaire Anil Agarwal's Twin-Star Technologies had offered Rs 2,962 crore to takeover Videocon Industries, which was 4.15% of the admitted claims of Rs 64,838.63 cr of lenders

Centre concedes in SC, lets acting NCLAT chairperson continue till Sep 20

Justice Cheema was to superannuate on September 20, but Justice M Venugopal was appointed as the acting head of the tribunal.

Resolution plan submitted before NCLT can't be modified or withdrawn: SC

The Supreme Court on Monday held that CoC approved resolution plan submitted to the National Company Law Tribunal (NCLT) cannot be modified or withdrawn as it would create another tier of negotiations

Siliguri-based hotelier moves SC against Oyo for unfair practices

In July, the NCLAT closed insolvency proceedings against Oyo and one of its subsidiaries, and also disallowed the intervention of external parties

NCLAT admits Dhoot's petition against Anil Agarwal's Twin Star takeover bid

The appellate tribunal has issued notices to the resolution professional, lenders and Twin Star Technologies directing them to file a reply by September 17

NCLAT dismisses Devas Multimedia's plea against its winding up

NCLAT on Wednesday dismissed a petition filed by Devas Multimedia challenging an order of the NCLT to wind up the company

Videocon Industries case: NCLAT adjourns hearing till September 20

NCLAT on Tuesday adjourned till September 20 the hearing on a batch of petitions challenging the approval for the takeover of bankrupt-Videocon Industries by Anil Agarwal's Twin Star Technologies

SC asks NCLAT to hear 63 moons plea against DHFL sale within two months

The Supreme Court on Monday refused to stay the implementation of DHFL Resolution Plan on the plea filed by 63 moons technologies and directed the NCLAT to hear the issue expeditiously.

Top headlines: Five years of Reliance Jio, Royal Enfield hits global road

Business Standard brings you the top headlines of the day

NCLAT issues notice over PNB's plea against Jet Airways resolution plan

The bank is aggrieved by the reduction in its claim amount by around Rs 202 crore by the Resolution Professional

PNB says Jet revival plan is discriminatory, files appeal in NCLAT

PNB is the largest shareholder in Jet Airways with 26 per cent stake which it secured after invocation of a pledge in 2019

PNB asks NCLAT to quash Kalrock-Jalan resolution plan for Jet Airways

PNB argues that Jet's court-appointed rescue official had initially accepted its claim of nearly Rs 1,000 cr from the airline's backers, but then reduced it by Rs 200 cr

NCLAT admits McLeod promoter appeal, to decide on constitution of CoC

On August 6, the National Company Law Tribunal (NCLT) had admitted an application filed by Techno for initiating corporate insolvency resolution process (CIRP) against McLeod.

NCLAT agrees to hear Jet staff's plea against Kalrock-Jalan resolution plan

NCLAT issues notice, seeks response on concerns raised by Jet Airways employees

Siva tests IBC: NCLAT's choice between judicial wisdom & commercial wisdom

Siva Industries, a machinery part-maker, was admitted to the bankruptcy court on July 5, 2019