National Company Law Appellate Tribunal

NCLAT to hear contempt plea against Anil Ambani on February 25

NCLAT to hear contempt plea against Anil Ambani on February 25

HSBC Daisy moved the appellate tribunal over alleged default of payment of Rs 230 crore by Reliance Infratel.

Jan 22, 2019, 14:18 PM IST
NCLAT suggests appointing a former Supreme Court judge for IL&FS asset sales

NCLAT suggests appointing a former Supreme Court judge for IL&FS asset sales

The new management of the IL&FS is considering assets sales to bail out the company from its financial mess and pay back to its lenders over Rs 90,000 crore.

Jan 11, 2019, 18:21 PM IST
Mistry was removed from Tata Sons without any intimation: Investment firms to NCLAT

Mistry was removed from Tata Sons without any intimation: Investment firms to NCLAT

Cyrus P Mistry has also moved NCLAT in his personal capacity against his removal.

Jan 09, 2019, 10:26 AM IST
Cyrus Mistry was removed from Tata Sons without any intimation: Investment firms to NCLAT

Cyrus Mistry was removed from Tata Sons without any intimation: Investment firms to NCLAT

Mistry was removed as director of all Tata group companies as the trustees had "written to all companies that if you do not remove him, we would take Tata brand name from you."

Jan 09, 2019, 08:40 AM IST
Mistry camp questions affirmative vote of trustee nominee directors on Tata Sons board

Mistry camp questions affirmative vote of trustee nominee directors on Tata Sons board

Section 121 of the AoA of Tata Sons mandates that important matter of Tata Sons can only be decided with the affirmative vote of trust nominee directors.

Dec 13, 2018, 12:27 PM IST
SC rejects plea of Dalmia Bharat Group firm's plea against rejection of its bid for Binani Cement

SC rejects plea of Dalmia Bharat Group firm's plea against rejection of its bid for Binani Cement

The bench said there was no infirmity in the NCLAT's order.

Nov 19, 2018, 18:03 PM IST
NCLAT approves UltraTech's bid for Binani Cement

NCLAT approves UltraTech's bid for Binani Cement

The apex court had directed NCLAT to hear the case on a day-to-day basis.

Nov 14, 2018, 16:41 PM IST
NCLAT stays proceedings against IL&FS, group companies

NCLAT stays proceedings against IL&FS, group companies

A two-member NCLAT bench headed by Justice S J Mukhopadhaya has asked the top five lenders of IL&FS to submit their replies over the government's plea for 90 days moratorium.

Oct 15, 2018, 13:00 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 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
RCom plea against insolvency to be heard by NCLAT on Tuesday

RCom plea against insolvency to be heard by NCLAT on Tuesday

The plea of Anil Ambani-run RCom was mentioned today before the bench of the National Company Law Appellate Tribunal (NCLAT), seeking an urgent hearing on the issue.

May 28, 2018, 16:27 PM IST
RCom moves NCLAT challenging order allowing plea for its insolvency

RCom moves NCLAT challenging order allowing plea for its insolvency

Anil Ambani-run RCom's plea is expected to be heard by the appellate tribunal in the coming week.

May 22, 2018, 17:06 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