Page 16 - Nclat

Don't see impact on TCS from NCLAT's ruling on Chandrasekaran: Gopinathan

The Supreme Court has given a 'blanket stay' on the NCLAT order, the company's Chief Executive and Managing Director Rajesh Gopinathan said

IL&FS: NCLAT to provide formula for proceeds' distribution among creditors

Companies under the green category will be those that continue to meet their payment obligations

NCLAT asks ED, CBI and SFIO to clarify JSW Steel's immunity in BPSL matter

The appellate tribunal had directed to list the petition on January 23, for next hearing.

IL&FS wants NCLAT direction on removal of PFC as one of its top 5 creditors

IL&FS will seek directions from the NCLAT for removal of Power Finance Corporation (PFC) as one of the top five creditors, due to the transfer of wind power assets.

IL&FS case: NCLAT reserves order over NCLT jurisdiction to implead auditors

Hearing a plea by Deloitte Haskins and Sells and KPMG arm BSR & Associates, the NCLAT on Friday reserved its order on the NCLT's jurisdiction over impleadment of auditors in the case involving alleged fraud in IFIN, a subsidiary of IL&FS. The two-member bench led by Chairman Justice S J Mukhopadhaya also sought a written submission from the Ministry of Corporate Affairs by Tuesday, to determine whether the NCLT has jurisdiction to initiate civil proceedings against any party. The Ministry of Corporate Affairs (MCA) had asked the National Company Law Tribunal (NCLT) to freeze the assets of the former auditors in the case involving alleged fraud in IFIN, a subsidiary of Infrastructure Leasing & Financial Services (IL&FS). Arguing for the government, a counsel said that impleadment is being sought to explain the conduct by auditors. He said all those persons who have been impleaded are directly attached with the affairs or the management of affairs of the company and ...

SC stays NCLAT order restoring Cyrus Mistry as Tata Sons' chairman

A bench of Chief Justice S A Bobde and Justices B R Gavai and Surya Kant agreed to hear Tata Sons' plea challenging the National Company Law Appellate Tribunal (NCLAT) decision

MCA vs NCLAT: Truce or war?

The National Company Law Appellate Tribunal's latest judgment on the RoC application in the Tata-Mistry case has made the fight interesting on many counts

Tata vs Mistry case: Firm petitions against order on 'winding up'

According to a copy of the draft appeal submitted by the holding company in the apex court, there are "no cogent reasons" assigned for the conclusions arrived at in the "Impugned Judgment."

Now, TCS moves SC against NCLAT order reinstating Mistry as director

In a major development, the NCLAT had restored Mistry as executive chairman of Tata Sons and ruled that appointment of N Chandrasekaran as the head was illega

Disqualified parties barred from liquidation process, says IBBI

Such persons will also not be eligible to enter into any settlement or arrangement with the creditors of the insolvent company under Section 230 of the Companies Act, the IBBI has clarified

SC to hear Tata Sons' plea challenging NCLAT decision on Mistry on Friday

The apex court website on Tuesday showed the plea to be listed before a three-judge bench comprising Chief Justice S A Bobde and Justices B R Gavai and Surya Kant

TCS board won't meet on January 9; Q3 results likely after SC hearing

SC will hear the petition filed by Tata Sons on January 10

NCLAT upholds its judgment in Tata-Mistry case, dismisses RoC plea

In its order dated December 18, the NCLAT had said Tata Sons had hurriedly changed its status to private company from public 'with the help of the Registrar of Companies'

Tata Sons doesn't mention plea in SC against NCLAT decision on Cyrus Mistry

A lawyer associated with the matter had said earlier that the appeal against the NCALT decision would be mentioned for early listing on reopening of the apex court after the winter break

Top headlines: NCLAT setback for Tatas, services PMI expands, and more

From NCLAT setback for Tatas to expansion of services PM, read all the top headlines here

Here's why Insolvency and Bankruptcy Code is a policy masterstroke

From 161 resolved cases, the realisable amount stands at over Rs 1.6 trn

Top headlines: US attack on Soleimani to hit India, Tata moves SC, and more

Ratan Tata has also filed a petition in the Supreme Court appealing it to set aside the NCLAT order which restored former Tata group chairman, Cyrus Mistry as Executive Chairman

Top 10 biz headlines: Auto sector in low gear, FM on economy booster & more

From FM Sitharaman announcing that talks are on with PMO to revive the slowing economy to slowdown in the auto industry, here are the top business headlines for Saturday

Tata Sons case: NCLAT ready to expunge remarks against RoC; seeks details

NCLAT adjourned the hearing till tomorrow and has sought clarification from RoC on what constitutes a private company

Cyrus Mistry actions hurt Tata group interests, Tata Sons tells SC

In restoring Cyrus Mistry, NCLAT failed to consider the implications of the order, Tata Sons said in their appeal