NCLAT

NCLAT directs Tata Sons not to force Mistry to sell stake after conversion into private company

NCLAT directs Tata Sons not to force Mistry to sell stake after conversion into private company

Tata Sons has contended that it was always a closely held private entity but was considered a public limited company due to its size under an old legal provision.

Aug 24, 2018, 18:14 PM IST
NCLAT reserves order over Mistry's plea on Tata Sons

NCLAT reserves order over Mistry's plea on Tata Sons

NCLAT was hearing the plea filed by Mistry challenging the orders of NCLT which had dismissed his plea challenging his removal as chairman of the company.

Aug 14, 2018, 17:23 PM IST
Vedanta deposits Rs 5,320 crore in Electrosteel Steels escrow account

Vedanta deposits Rs 5,320 crore in Electrosteel Steels escrow account

The National Company Law Appellate Tribunal (NCLAT) had allowed Vedanta Ltd to make an upfront payment of Rs 5,320 crore to lenders for acquiring Electrosteel Steels.

Jun 05, 2018, 12:48 PM IST
NCLAT stays insolvency proceedings against RCom; directs it to pay Rs 550 crore to Ericsson

NCLAT stays insolvency proceedings against RCom; directs it to pay Rs 550 crore to Ericsson

The period would start from June 1.

May 30, 2018, 17:56 PM IST
NCLAT allows Vedanta to make upfront payment of Rs 5,320 cr for Electrosteel

NCLAT allows Vedanta to make upfront payment of Rs 5,320 cr for Electrosteel

A two-member bench also said this payment would be subject to the outcome of the petition filed by Renaissance Steel challenging Vedanta's bid.

May 30, 2018, 15:19 PM IST
NCLAT asks Tata Steel if it will pay dues of Bhushan Steel

NCLAT asks Tata Steel if it will pay dues of Bhushan Steel

Bhushan Steel owed its lenders about Rs 56,000 crore and was among the 12 big loan defaulters identified by the Reserve Bank of India last year to undergo insolvency under the new bankruptcy law.

May 30, 2018, 14:31 PM IST
NCLAT issues notice to Bhushan Steel RP, CoC on L&T's plea; makes Tata Steel party

NCLAT issues notice to Bhushan Steel RP, CoC on L&T's plea; makes Tata Steel party

NCLAT also impleaded Tata Steel, whose bid for the debt ridden firm has been approved, as party over L&T plea seeking to recover Rs 900 crore.

May 22, 2018, 13:53 PM IST
NCLAT declines to stay Bhushan Steel sale to Tata Steel, issues notices

NCLAT declines to stay Bhushan Steel sale to Tata Steel, issues notices

The bench directed the matter to be listed on May 30 and asked the parties to file their replies in a week.

May 21, 2018, 14:48 PM IST
Tata Steel will absorb all employees of Bhushan Steel: TV Narendran

Tata Steel will absorb all employees of Bhushan Steel: TV Narendran

Tata Steel does not have any delisting plan of the Bhushan steel and it will continue as it is at least for next 2-3 years.

May 18, 2018, 10:02 AM IST
NCLAT admits Renaissance Steel plea against Vedanta bid on Electrosteel

NCLAT admits Renaissance Steel plea against Vedanta bid on Electrosteel

A two member bench of the tribunal headed by Chairman Justice S J Mukhopadhaya admitted the plea and directed to list the matter on May 28.

May 17, 2018, 14:43 PM IST
NCLAT to hear Bhushan Steel promoter's plea against Tata Steel takeover

NCLAT to hear Bhushan Steel promoter's plea against Tata Steel takeover

Singal has sought a stay on the National Company Law Tribunal (NCLT) order approving Tata Steel's bid for the debt-ridden Bhushan Steel under corporate insolvency resolution process.

May 17, 2018, 12:23 PM IST
Binani Industries offers to pay 100% claims of debtors

Binani Industries offers to pay 100% claims of debtors

The tribunal has directed to list the matter on May 22 for next hearing.

May 16, 2018, 12:59 PM IST

NCLAT ruling on rule waiver: Mistry says 'vindicated'

In today's ruling, the appellate tribunal has granted waiver to Mistry firms in the filing criteria of having 10 percent shares of the company.

Sep 21, 2017, 15:29 PM IST
NCLAT allows waiver plea of Cyrus Mistry firms

NCLAT allows waiver plea of Cyrus Mistry firms

Mistry was ousted as Tata Sons chairman in October 24, 2016 and was also removed subsequently as director on the board of the holding company on February 6, 2017.

Sep 21, 2017, 11:44 AM IST
NCLAT to pronounce verdict over Cyrus Mistry's waiver plea today

NCLAT to pronounce verdict over Cyrus Mistry's waiver plea today

The appellate tribunal had concluded its hearing on July 24 and reserved its judgement.

Sep 21, 2017, 09:12 AM IST
Vikram Bakshi case: NCLT issues show-cause notice to McDonald's Corporation

Vikram Bakshi case: NCLT issues show-cause notice to McDonald's Corporation

NCLT, which on Monday reserved its orders over two contempt pleas filed by Bakshi in his ongoing fight against McDonald's, asked his counsel to seek relief from the National Company Law Appellate Tribunal (NCLAT) where matter is already pending.

Sep 05, 2017, 17:17 PM IST
McDonald's not for settlement with Bakshi; NCLAT issues notices

McDonald's not for settlement with Bakshi; NCLAT issues notices

NCLAT had last week asked both the parties to decide by Wednesday, whether they would consider settling dispute on their own or not.

Aug 30, 2017, 14:27 PM IST
McDonald's likely to challenge NCLT order on Vikram Bakshi

McDonald's likely to challenge NCLT order on Vikram Bakshi

US fast food chain McDonald's is likely to move NCLAT this week against a National Company Law Tribunal's (NCLT) order that reinstated Vikram Bakshi as Managing Director of its Indian joint venture Connaught Plaza Restaurants Pvt Ltd (CPRL).

Aug 20, 2017, 11:33 AM IST
NCLAT to hear Cyrus Mistry pleas on maintainability, waiver on May 4

NCLAT to hear Cyrus Mistry pleas on maintainability, waiver on May 4

The National Company Law Appellate Tribunal will hear on May 4 maintainability of ousted Tata Group chairman Cyrus Mistry's petition alleging "mismanagement and oppression of minority" at Tata Sons, along with waiver of shareholding requirement rules.

Apr 27, 2017, 19:27 PM IST

SC reserves verdict on validity of NCLT, NCLAT

 The Supreme Court on Wednesday reserved its verdict on the challenge to the validity of the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT).

May 06, 2015, 21:36 PM IST

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