26 May 2020


Search Results for Tag : company law tribunal

Notifications & Circulars

National Company Law Tribunal effective 1 June 2016(01.06.2016)

The Central Government constituted the National Company Law Tribunal and Appellate Tribunal for hearing matters arising under the Companies Act and th.....

Tags : companies act, bankruptcy code, company law tribunal

read»



National Company Law Tribunal (Salary, Allowances and other Terms and Conditions of Service of President and other Members) Rules, 2015(19.08.2015)

The Central government issued the Rules, 2015, enumerating the benefits available to the President of the National Company Law Tribunal under the Comp.....

Tags : President, company law tribunal, benefits

read»



News

Government Notifies Constitution of NCLT and NCLAT(02.06.2016)

Government as a move to resolve corporate disputes faster and improve the ease of doing business in India has notified the constitution of the Nationa.....

Tags : Company Law Tribunal, National Company Law Appellate Tribunal

read»



National Company Law Tribunal Asks Astro to Not to Exit AskMe for 6 Weeks(31.08.2016)

National Company Law Tribunal has asked Astro Entertainment Networks Ltd not to exit e-commerce website AskMe.com, in which it is an investor, for six.....

Tags : National Company Law Tribunal, Astro Entertainment Networks Ltd

read»



NCLT Dismisses Mistry’s Contempt Plea Against Tata Sons(19.01.2017)

National Company Law Tribunal (NCLT) has dismissed contempt plea filed by Cyrus Mistry's family firms against Tata Sons but gave Former Chairman an op.....

Tags : National Company Law Tribunal, Cyrus Mistry, Tata Sons, Contempt Plea

read»



NCLT Rejects Plea Seeking Stay on TATA’s EGM on Feb 06(01.02.2017)

National Company Law Tribunal (NCLT) has refused to grant a stay on Tata Sons’ decision to call an Extraordinary General Meeting (EGM) on February 6, .....

Tags : National Company Law Tribunal, Tata Sons, Extraordinary General Meeting

read»



NCLT Dismisses Mistry's Plea Alleging Mismanagement, Minority Oppression at Tata Sons(24.04.2017)

National Company Law Tribunal, while dismissing Cyrus Mistry petition that alleged mismanagement and minority shareholder oppression at Tata Sons, has.....

Tags : National Company Law Tribunal, Mismanagement, Minority Oppression, TATA

read»



NCLT: Promoters Cannot Escape Liquidation of Personal Assets(19.07.2017)

National Company Law Tribunal has held that personal properties of Promoters given as security to Banks can be proceeded against, in spite of initiati.....

Tags : National Company Law Tribunal, insolvency proceedings

read»



NCLT: Proceedings u/s 138 NI Act Have Nothing To Do With Insolvency Application Under I&B Code(28.07.2017)

National Company Law Tribunal has ruled that disclosure of fact of initiation of proceedings u/s 138 of Negotiable Instruments Act in not necessary wh.....

Tags : National Company Law Tribunal, Insolvency and Bankruptcy Code

read»



Allahabad High Court Disallows Parallel Proceedings in NCLT and DRT(12.09.2017)

Allahabad High Court has barred parallel proceedings in National Company Law Tribunal (NCLT) and the Debt Recovery Tribunal (DRT) in a case between St.....

Tags : Allahabad High Court, National Company Law Tribunal, Debt Recovery Tribunal

read»



NCLT Dismisses Cyrus Mistry’s Plea to Transfer Case Against Tata Sons(09.10.2017)

National Company Law Tribunal (NCLT) has dismissed a petition moved by Cyrus Mistry’s firms seeking transfer of their company petition against Tata So.....

Tags : National Company Law Tribunal, Tata Sons

read»



NCLT Refuses to Stay Rebidding for Essar(28.03.2018)

National Company Law Tribunal has declined to stay the second round of bidding for the bankrupt Essar Steel or defer the deadline for it as sought by .....

Tags : National Company Law Tribunal

read»



NCLT Orders JAL to Return Land to Jaypee Infra(18.05.2018)

Allahabad bench of National Company Law Tribunal (NCLT) has ordered that 858 acres of land of bankrupt Jaypee Infratech which was transferred by the f.....

Tags : National Company Law Tribunal, JAL

read»



NCLT Admits Proceedings Against Shri Lakshmi Cotsyn(05.06.2018)

National Company Law Tribunal has admitted insolvency proceedings against BSE-listed Shri Lakshmi Cotsyn after the Kanpur-based textile manufacturer f.....

Tags : National Company Law Tribunal, Insolvency

read»



NCLT Chandigarh Allows Fortis to Withdraw SRL Demerger Scheme(18.06.2018)

National Company Law Tribunal, Chandigarh has allowed Fortis Healthcare to withdraw its scheme to demerge SRL diagnostics from the group and merge it .....

Tags : National Company Law Tribunal, Fortis

read»



NCLT Rebukes SBI for "Lackadaisical Approach"(29.06.2018)

National Company Law Tribunal’s Mumbai chapter has rebuked State Bank of India for its “lackadaisical approach” in sanctioning a Rs 334 crore loan to .....

Tags : National Company Law Tribunal, SBI

read»



NCLAT Declines to Stay ElectroSteel Steels' Delisting(29.06.2018)

National Company Law Appellate Tribunal (NCLAT) has refused to stay the delisting process of debt-ridden firm ElectroSteel Steel under the resolution .....

Tags : National Company Law Tribunal, ElectroSteel

read»



Central Government Sets Up NCLT Bench in Kochi(01.08.2018)

Central Government has constituted a Bench of the National Company Law Tribunal (NCLT) in Kochi which will be effective from August 1 this year.

Tags : National Company Law Tribunal, Kochi

read»



INSOLVENCY-Workmen's Dues of Pension, Gratuity, PF Not Included in Liquidation Assets of Debtor: NCLT(26.03.2019)

National Company Law Tribunal has ruled that dues of provident fund, pension and gratuity do not form part of liquidation estate of corporate debtor a.....

Tags : National Company Law Tribunal, NCLT

read»



INSOLVENCY - NCLT Approves Revised Resolution Plan for Jyoti Structures(28.03.2019)

National Company Law Tribunal (NCLT) has approved the resolution plan for Jyoti Structures presented by the Resolution Professional on behalf of a gro.....

Tags : National Company Law Tribunal, NCLT, Jyoti Structures, Sharad Sanghi

read»



Lenders Having Vested Interest in Debtor shouldn’t be Part of Creditors’ Panel: NCLT(15.04.2019)

National Company Law Tribunal (NCLT), Chennai Bench has held that a party having a vested interest /relation with a corporate debtor should not be a p.....

Tags : National Company Law Tribunal, Committee of Creditors

read»



NCLT Sets 90-day Deadline for Jet Airways Bankruptcy Resolution(21.06.2019)

National Company Law Tribunal (NCLT) while admitting insolvency petition moved by State Bank of India against Jet Airways has instructed that the reso.....

Tags : National Company Law Tribunal, NCLT, Jet Airways

read»



National Company Law Tribunal Orders Two Nicco Parks & Resorts Directors to Quit(07.01.2020)

National Company Law Tribunal has passed an order asking the two directors of Nicco Parks & Resorts, Rajive Kaul and daughter Pallavi Priyadarshini, t.....

Tags : National Company Law Tribunal, Nicco Parks

read»



National Company Law Tribunal Tells Jet Airways’ Lenders to Release Funds for Interim Finance(09.01.2020)

National Company Law Tribunal has directed Jet Airways’ lenders to release funds as per an earlier direction to meet the grounded airline’s interim fi.....

Tags : National Company Law Tribunal, Jet Airways

read»



National Company Law Tribunal, Hyderabad Orders Insolvency for Sri Yadadri Life Sciences(09.01.2020)

National Company Law Tribunal, Hyderabad bench has ordered the proceedings at Sri Yadadri Life Sciences for the alleged default in payments to Adroit .....

Tags : National Company Law Tribunal, Insolvecny

read»



National Company Law Tribunal Clears SNJ’s Takeover of Empee Distilleries(27.01.2020)

National Company Law Tribunal, Chennai has approved the bid of SNJ Group to acquire the Empee Distilleries for Rs 475 Crores.

Tags : National Company law Tribunal, SNJ Takeover

read»



National Company Law Tribunal, Delhi Approves Adani’s Bid to Buy Aditya Estates(24.02.2020)

National Company Law Tribunal, Delhi has approved the resolution plan of Adani Properties to acquire Aditya Estates for a total deal value of Rs 400 C.....

Tags : National Company Law Tribunal, Aditya Estates Takeover

read»



NCLT, Mumbai Orders to Restore E-way Bill Facility for Taxpayers Undergoing Insolvency Proceedings(26.02.2020)

National Company Law Tribunal (NCLT), Mumbai has ordered to restore the e-way bill facility for taxpayers undergoing insolvency proceedings.

Tags : National Company Law Tribunal, E-way Bill Facility for Taxpayers Undergoing Insolvency Proceedings

read»



National Company Law Tribunal, Chandigarh Approves HUL-GSK Merger(27.02.2020)

National Company Law Tribunal, Chandigarh has approved the merger of GlaxoSmithKline (GSK) Consumer with Hindustan Unilever (HUL).

Tags : National Company Law Tribunal, HUL-GSK Merger

read»



National Company Law Tribunal Clears NBCC Offer for Jaypee Infratech(04.03.2020)

National Company Law Tribunal has approved NBCC’s offer to take over Jaypee Infratech, which has to deliver apartments, plots and villas to nearly 21,.....

Tags : National Company Law Tribunal, TAkeover of Jaypee Infratech

read»



NCLT Allows Government to Reopen CG Power’s Accounts for 5 Fiscals(06.03.2020)

National Company Law Tribunal has allowed the corporate affairs ministry to reopen the books of CG Power for the last 5 financial years so that it cou.....

Tags : National Company Law Tribunal, CG Power

read»



NCLT: Rs. 750 Cr. Paid by JAL for Obligation of JIL Should be Treated As Asset of Corporate Debtor(06.03.2020)

National Company Law Tribunal has observed that Rs. 750 Crore deposited by Jaypee Infratech’s (JIL) parent firm Jaiprakash Associates (JAL) with the S.....

Tags : National Company Law Tribunal, Jaypee Infratech

read»



NCLT, Chennai Approves Cochin Shipyard's Resolution Plan to Acquire TSL(11.03.2020)

National Company Law Tribunal, Chennai has accepted the resolution plan filed by public sector company, Cochin Shipyard Limited to acquire Chennai-bas.....

Tags : National Company Law Tribunal, TSL Takeover

read»



NCLT Allows Jet Airways Extension for Filing of CIRP(19.03.2020)

National Company Law Tribunal has allowed the plea filed by the resolution professional (RP) of Jet Airways seeking an extension of 90 days for the co.....

Tags : National Company Law Tribunal, Jet Airways

read»



NCLT Extends Limitation Period in Pursuance of Supreme Court Orders(25.03.2020)

National Company Law Tribunal (NCLT) has issued a notice intimating all the litigants that the extension of limitation period granted by the Supreme C.....

Tags : National Company Law Tribunal, Extension of Limitation

read»



NCLT Urges Litigants to File Joint Memo of Written Submissions to Avoid Delay in Disposal(08.04.2020)

National Company Law Tribunal (NCLT) has urged all the litigants to file "Joint Memo" of written submissions, to avoid the lengthy process of filing r.....

Tags : National Company Law Tribunal, Joint Memo of Written Submissions

read»



NCLT Cancels Summer Vacation 2020 for All Its Benches(06.05.2020)

National Company Law Tribunal has cancelled the Summer Vacation, 2020 for all its benches, in view of loss of work due to the lockdown.

Tags : National Company Law Tribunal, Summer Vacations

read»



NCLT Refuses Petition Against India Steel(11.05.2020)

National Company Law Tribunal has refused to admit an insolvency Petition filed by India Resurgence Asset Reconstruction Company, a joint venture betw.....

Tags : National Company Law Tribunal, India Steel

read»



NCLT: Filing of Default Record Necessary for Section 7 IBC Filings(13.05.2020)

National Company Law Tribunal has directed filing of default record from Information utility along with new Petitions under Section 7 of the Insolvenc.....

Tags : National Company Law Tribunal, Filing of Default Record

read»