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Supreme Court Orders Liquidation Of Jet Airways On Failure Of Resolution Plan
1 month, 2 weeks ago

Supreme Court Orders Liquidation Of Jet Airways On Failure Of Resolution Plan

Live Law  

The Supreme Court invoked its extraordinary powers under Article 142 of the Constitution to order the liquidation of Jet Airways in view of the "peculiar and alarming" circumstance that the resolution plan has not been implemented for five years.The Court set aside the NCLAT Order which allowed the cash-strapped Jet Airways' ownership transfer to the Successful Resolution Applicant. The Court …

Court Resolution Resolution Plan Plan Crores Supreme Airways
SC reserves verdict on plea against NCLAT order stopping insolvency proceedings against Byju's
2 months, 4 weeks ago

SC reserves verdict on plea against NCLAT order stopping insolvency proceedings against Byju's

New Indian Express  

NEW DELHI: The Supreme Court on Thursday reserved its verdict on a plea of a US firm against the NCLAT order stopping insolvency proceedings against ed-tech firm Byju's. While hearing the matter on Wednesday, the top court had questioned the verdict of insolvency appellate tribunal NCLAT, setting aside the insolvency proceedings against Byju's and approving its Rs 158.9 crore dues …

Insolvency Insolvency Proceedings Byju Nclat Order
NCLAT Delhi: Decisions To Liquidate Corporate Debtor By CoC U/S 33(2) Of IBC Must Be With Reasons And Cannot Be Done Arbitrarily
11 months, 3 weeks ago

NCLAT Delhi: Decisions To Liquidate Corporate Debtor By CoC U/S 33(2) Of IBC Must Be With Reasons And Cannot Be Done Arbitrarily

Live Law  

The National Company Law Appellate Tribunal, New Delhi Bench comprising of Justice Ashok Bhushan and Mr. Barun Mitra held that decisions of the Committee of Creditors to liquidate under Section 33 of Insolvency and Bankruptcy Code, 2016 have to be with reasons and the liquidation cannot be decided arbitrarily. Background Facts: On 10.08.2023, the Adjudicating Authority admitted the application of …

Corporate Corporate Debtor Nclat Irp Coc Ibc Liquidation
WhatsApp has not abused dominant position in India, rules NCLAT
2 years, 4 months ago

WhatsApp has not abused dominant position in India, rules NCLAT

The Hindu  

The NCLAT has set aside a petition and upheld a 2017 CCI order that dismissed a complaint of predatory pricing against instant messaging platform WhatsApp. The National Company Law Appellate Tribunal said no doubt WhatsApp has a 'dominant position' but it has not 'abused its dominant position' based on inputs provided by the appellant, an NGO Fight for Transparency Society. …

India Whatsapp Ngo Nclat Order Cci Dominant Position
Supreme Court upholds Tata Sons' appeal in Mistry case, sets aside NCLAT order
3 years, 8 months ago

Supreme Court upholds Tata Sons' appeal in Mistry case, sets aside NCLAT order

Hindustan Times  

In a major victory for the Tata Group, the Supreme Court on Friday set aside the National Company Law Appellate Tribunal order restoring Cyrus Mistry as the executive chairman of Tata Sons. Former Tata Group chairman Cyrus Mistry A bench of Chief Justice SA Bobde and Justices AS Bopanna and V Ramasubramanian said it is allowing the appeals filed by …

Tata Sons Group Tata Group Nclat Tata Sons Nclat Order
Supreme Court Allows Tata Sons Appeal Against NCLAT Order To Reinstate Cyrus Mistry As Chairman
3 years, 8 months ago

Supreme Court Allows Tata Sons Appeal Against NCLAT Order To Reinstate Cyrus Mistry As Chairman

Live Law  

In a big win for Tata Sons Ltd, the Supreme Court on Friday allowed its appeal against the order of the National Company Law Tribunal, which had ordered to reinstate the ousted Chairman Cyrus Mistry.The Court allowed the appeal of Tata Sons, answering all questions of law framed in the case in its favour, and set aside the NCLAT order. …

Supreme Court Board Court Order Ratan Tata Company Tribunal
Setback for Cyrus Mistry as Supreme Court sets aside NCLAT order to reinstate him as Tata Group's chairman
3 years, 8 months ago

Setback for Cyrus Mistry as Supreme Court sets aside NCLAT order to reinstate him as Tata Group's chairman

India TV News  

The Supreme Court on Friday set aside the National Company Law Appellate Tribunal order of December 18, 2019 restoring Cyrus Mistry as executive chairman of Tata Group. The NCLAT in its 2019 order reinstated Mistry as Tata Group chairman and also termed N Chandrasekaran’s appointment to the chairman's post of the over USD 100 billion salt-to-software conglomerate as 'illegal'. Shapoorji …

Supreme Court Court Ratan Tata Tata Sons Group Tata Group Nclat