NCLAT allows banks to pursue action against former IL&FS directors not on current board
The National Company Law Appellate Tribunal (NCLAT) has allowed Canara Bank and Indian Bank to proceed with actions to classify...
NCLAT
NCLAT judge recuses himself from Byju’s insolvency case hearing
A National Company Law Appellate Tribunal (NCLAT) judge recused himself from hearing Byju's appeal for an interim stay on the...
Lenders reject one-time settlement proposal of Jaiprakash Associates promoters
Lenders of Jaiprakash Associates Ltd (JAL) led by ICICI Bank have rejected the modified one-time settlement proposal, in which the...
NCLAT asks ICICI to consider OTS proposal in Jaiprakash Associates case
Insolvency appellate tribunal NCLAT has issued a notice to ICICI Bank over the plea of Jaiprakash Associates Ltd and said...
NCLT approves Rs 9,661 cr IIHL resolution plan for Reliance Capital
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved the Rs 9,661 crore resolution plan submitted by...
Ujaas Energy resolution back on track after NCLAT reverses NCLT order
The National Company Law Appellate Tribunal (NCLAT) in a recent verdict overturned a January 2023 order of NCLT, in which...
NCLAT stays insolvency proceedings against Zee
In a major relief to Zee Entertainment Enterprises Ltd (ZEEL), the National Company Law Appellate Tribunal (NCLAT) on Friday stayed...
Why did NCLAT throw out petition by Venugopal Dhoot in Videocon Industries CIRP case
While setting aside the NCLT’s order approving Twin Star Technologies Ltd’s resolution plan in the Videocon Industries Ltd corporate insolvency...
NCLT, NCLAT cannot force parties to settle an issue under IBC: Supreme Court
The Supreme Court of India has said that the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal...
Chennai bench of NCLAT to start working in virtual mode from 25 Jan 2021
The Chennai Bench of NCLAT (National Company Law Appellate Tribunal) will start functioning from 25 January 2021 through virtual mode....