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Latest Articles in NCLAT

ZEEL To File The Reply On EGM By October 22: ZEE-Invesco Battle

NCLAT had directed NCLT to give sufficient time to ZEEL to reply to Invesco's demand

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Zee-Invesco Feud: NCLAT Concludes Hearing, To Pass Order Later In The Day

The petition seeking convening of the EGM has been filed by minority shareholders -- Invesco and OFI Global China Fund.

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Zee Entertainment Moves NCLAT Against Minority Shareholders'' Requisition For EGM

Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) along with OFI Global China Fund LLC hold 17.88 per cent stake in ZEEL.

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Centre Concedes In SC, Permits Prematurely Retired NCLAT Chairperson To Continue Till Sep 20

The apex court also on Wednesday, in related proceedings, had expressed displeasure over the "hurried" appointment of Justice M Venugopal as Acting Chairperson of the National Company Law Appellate Tribunal (NCLAT).

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NCLAT Gets Third Acting Chairperson In A Row; No Full-time Head Since Mar 2020

According to the latest update on the website of the NCLAT, Justice Venugopal has been appointed as the Acting Chairperson of the appellate tribunal from September 11, 2021.

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NCLAT Admits Venugopal Dhoot Petition Against Anil Agarwal's Twin Star Takeover Bid

The appellate tribunal has issued notices to the resolution professional, lenders and Twin Star Technologies directing them to file a reply by September 17.

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Videocon Industries Case: NCLAT Adjourns Hearing; Stay On Resolution Plan To Continue Till Sep 20

A two-member NCLAT bench comprising Justice J K Jain and A K Mishra said the interim order would continue till the next date of hearing, that is September 20.

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Indian Assets Command Confidence

The Rs 25,000 crore that both overseas and domestic investment funds have poured into Indian companies demonstrates their confidence in Indian business models. These investments over the past 24-30 months, indicate that more is yet to come

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Financial Creditor Plea For Insolvency Doesn't Get Time Barred Even If Filed After 3 Yrs: SC

The bench said that there is no bar in law to the amendment of pleadings in an application under Section 7 of the IBC, or to the filing of additional documents, apart from those initially filed along with application under the provision of the IBC in Form-1.

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HPC Under Liquidation On Directions Of NCLT, NCLAT: Govt

A proposal for revival of HPC was under consideration when the National Company Law Tribunal (NCLT) through an order in 2018, directed the initiation of Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code (IBC), 2016.

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NCLAT Stays Order Of NCLT Against Appu Hotels

The resolution professionals had facilitated the process by which the resolution applicant was put in a 'pole position' to abdicate with assets worth over Rs 1600 crore for a paltry sum of Rs 423 crore.

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NCLAT Declines To Stay Piramal Capital's Approved Resolution Plan For DHFL

Earlier on June 7, the NCLT had approved the resolution plan of Piramal Capital & Housing Finance Ltd for the debt-ridden DHFL and 63 Moons, which is a debenture holder of DHFL, filed a petition challenging it before NCLAT.

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Despite Lockdown Constraints, Issues At NCLT, India Saw Significant Investment

Domestic as well as international funds have been active in the market specifically distressed space. Despite the constraints of NCLT and lockdown India has witnessed lot of interest.

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NCLAT Allows Plea For Setting Aside Insolvency Case Against Subsidiary: OYO

The appellate tribunal's order disallowed the intervention of external parties, including Federation of Hotel & Restaurant Associations of India (FHRAI),

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DHFL Resolution: NCLAT Issues Notices To Lenders, Piramal On 63 Moons Technologies' Plea

The Mumbai bench of the National Company Law Tribunal (NCLT) had approved the resolution plan of Piramal Capital & Housing Finance Ltd for the debt-ridden DHFL.

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