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Page 4 - Nclat

Jet Airways lenders move NCLAT against Jalan-Kalrock consortium

According to the revival plan, the consortium proposed a total infusion of Rs 1,375 crore, including Rs 900 crore towards capex and working capital and Rs 475 crore to settle claims of the creditors

Jet Airways lenders move NCLAT against Jalan-Kalrock consortium
Updated On : 24 Jan 2023 | 11:44 PM IST

Google Play Store policies: CCI files caveat before Supreme Court

The NCLAT, on January 11, refused to stay the CCI order and asked Google to "cease and desist" from abusive Playstore practices

Google Play Store policies: CCI files caveat before Supreme Court
Updated On : 20 Jan 2023 | 9:53 PM IST

Google vs CCI: Indian firms see ray of hope as SC affirms NCLAT order

Indian internet firms have expressed optimism about finding clear space for their apps on Android devices as Google failed to find relief in the SC on an NCLAT and CCI order against the internet giant

Google vs CCI: Indian firms see ray of hope as SC affirms NCLAT order
Updated On : 20 Jan 2023 | 7:29 AM IST

Android dominance: Supreme Court turns down Google's plea on CCI penalty

Google has been given an additional week's time to comply with the CCI order, which includes paying 10 per cent of the penalty imposed by CCI

Android dominance: Supreme Court turns down Google's plea on CCI penalty
Updated On : 19 Jan 2023 | 11:35 PM IST

Supreme Court refuses to interfere with NCLAT order, asks Google to comply

The apex court, however, directed the NCLAT to dispose of the appeal filed by Google by March 31, 2023

Supreme Court refuses to interfere with NCLAT order, asks Google to comply
Updated On : 19 Jan 2023 | 5:12 PM IST

World looking at us: CCI to SC in Google case; next hearing tomorrow

The CCI said that the issue at hand was of "national importance" and that Google be not given "two innings" at the NCLAT

World looking at us: CCI to SC in Google case; next hearing tomorrow
Updated On : 19 Jan 2023 | 12:19 AM IST

'Will practice same regime as in Europe?', SC on Google plea on CCI penalty

The Chief Justice added, "Please reflect on this and come back"

'Will practice same regime as in Europe?', SC on Google plea on CCI penalty
Updated On : 16 Jan 2023 | 3:46 PM IST

Supreme Court to hear plea of Google against NCLAT order on January 18

The Supreme Court said it will hear on January 18 a plea of US tech giant Google against an order of the NCLAT refusing an interim stay on the competition regulator imposing a Rs 1,337 crore penalty

Supreme Court to hear plea of Google against NCLAT order on January 18
Updated On : 16 Jan 2023 | 2:57 PM IST

New player will always need more dealers: JSW Paints CEO Sundaresan A S

The company also intends to add one more manufacturing in the next three years with an investment of Rs 750-1,000 crore, Sundaresan A S, CEO at JSW Paints told Business Standard

New player will always need more dealers: JSW Paints CEO Sundaresan A S
Updated On : 13 Jan 2023 | 8:46 PM IST

NCLAT refuses to stay CCI's order of Rs 936 crore penalty on Google

The Appellate Tribunal will hear the matter on April 17

NCLAT refuses to stay CCI's order of Rs 936 crore penalty on Google
Updated On : 12 Jan 2023 | 9:43 AM IST

NCLAT declines stay on CCI's Rs 936 cr Google penalty, asks firm to pay 10%

The NCLAT, on January 4, had refused an interim stay on an order of the competition regulator imposing a Rs 1,337 crore penalty on Google

NCLAT declines stay on CCI's Rs 936 cr Google penalty, asks firm to pay 10%
Updated On : 11 Jan 2023 | 1:16 PM IST

Big Tech's new reality in India: Stricter regulation, face-off with telcos

All of a sudden, global tech giants are grappling with the prospect of more stringent regulation and domestic telco's demands for a level playing field

Big Tech's new reality in India: Stricter regulation, face-off with telcos
Updated On : 10 Jan 2023 | 10:09 PM IST

CCI order puts Android users' privacy at risk: Google to Supreme Court

The tech giant -- in its 739-page appeal challenging the National Company Law Appellate Tribunal's (NCLAT's) refusal to grant an interim stay

CCI order puts Android users' privacy at risk: Google to Supreme Court
Updated On : 10 Jan 2023 | 9:46 PM IST

NCLAT upholds removal of resolution professional of Shree Ram Urban Infra

The National Company Law Appellate Tribunal (NCLAT) on Tuesday upheld the order of NCLT, directing removal of the resolution professional (RP)of Shree Ram Urban Infrastructure Ltd. The appellate tribunal also directed the Insolvency and Bankruptcy Board of India to conduct an enquiry against the RP and take appropriate steps in accordance with the law. A two-member NCLAT bench comprising Justices Rakesh Kumar and Shreesha Merla said the NCLT was "well within its jurisdiction" to pass an order for the removal of the RP, particularly in a situation where he had not taken any steps to convene a meeting of the Committee of Creditors (CoC). The NCLAT observed that the Corporate Insolvency Resolution Process (CIRP) was initiated against Shree Ram Urban Infrastructure Ltd (SRUIL) on November 06, 2019, and the first CoC meeting was conducted after more than one-and-a-half years on April 19, 2021. NCLT "has categorically observed that the RP has 'miserably failed to adhere to the timelines

NCLAT upholds removal of resolution professional of Shree Ram Urban Infra
Updated On : 10 Jan 2023 | 5:05 PM IST

Explained: Google-CCI saga and Competition Commission's shortcomings

With Google alleging that CCI copy-pasted an order passed by European Union's General Court, gaps in manpower and capacity at CCI have surfaced

Explained: Google-CCI saga and Competition Commission's shortcomings
Updated On : 10 Jan 2023 | 11:41 AM IST

NCLAT dismisses Wave Group's appeal for insolvency proceedings

The NCLAT upheld the old order, along with the fine of Rs 1 crore

NCLAT dismisses Wave Group's appeal for insolvency proceedings
Updated On : 06 Jan 2023 | 4:00 PM IST

Major setback for Google as NCLAT refuses interim stay on CCI order

Tribunal asks Google to deposit 10% of Rs 1,330 cr penalty levied by CCI; next hearing on April 3

Major setback for Google as NCLAT refuses interim stay on CCI order
Updated On : 05 Jan 2023 | 12:17 AM IST

NCLAT directs Google to pay 10% of Rs 1,337 crore penalty imposed by CCI

CCI penalised Google in October over alleged violations in the Android mobile ecosystem

NCLAT directs Google to pay 10% of Rs 1,337 crore penalty imposed by CCI
Updated On : 04 Jan 2023 | 12:46 PM IST

Google-CCI tussle: Industry divided even before the hearing starts

Handset manufacturing firm Micromax and Jaina Private Limited are learnt to have filed an appeal in NCLAT against the same CCI order, in support of Google

Google-CCI tussle: Industry divided even before the hearing starts
Updated On : 03 Jan 2023 | 9:41 PM IST

Supertech offered 9,705 flats without occupancy certificates: NCLAT told

Debt-laden Supertech offered 9,705 flats across 18 residential projects to their owners without obtaining occupancy certificates from the respective development authorities, according to a report prepared by the realty firm's interim resolution professional. The Interim Resolution Professional (IRP) Hitesh Goel has submitted the status report about the company to the National Company Law Appellate Tribunal (NCLAT). Supertech has filed an appeal before the appellate tribunal challenging the National Company Law Tribunal's (NCLT) ruling on March 25 this year, wherein it initiated insolvency proceedings against the company. The matter is pending before NCLAT. The status report, pertaining to 18 residential projects spread across Uttar Pradesh, Haryana and Uttarakhand, was submitted to NCLAT on May 31. "As per the information received from the management, there are 148 towers/plots/Villas and approximately 10,000 houses where the possession has been offered but OC has not yet received,

Supertech offered 9,705 flats without occupancy certificates: NCLAT told
Updated On : 29 Dec 2022 | 2:09 PM IST