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Latest Articles in NCLAT

Aircel, RCom Lenders May Challenge NCLAT Order On Spectrum As They May Lose Rs 60,000 Cr

The firm has offered to pay around Rs 14,000 crore for acquiring spectrum holding of Reliance Communications and its subsidiaries.

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NCLAT Says Lenders Cannot Treat Telcos' Spectrum As 'Security Interest' Under Insolvency Proceedings

NCLAT's ruling came on a batch of ten petitions related to debt-ridden Dishnet Wireless Ltd and Aircel Cellular Ltd, which are undergoing insolvency proceedings.

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Ratan Tata Hails SC Judgement To Set Aside NCLAT Order Restoring Mistry's Position At Tata Group

Mistry had raised issues related to corporate governance and transparency, alleged Rs 22 crore fraudulent transactions involving non-existent entities in India and Singapore in Tatas' joint venture with Air Asia.

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SC Sets Aside NCLAT Order Restoring Cyrus Mistry As Executive Chairman Of Tata Group

The Tata Group had vehemently opposed the allegations and denied any wrongdoing, saying the board was well within its right to remove Mistry as the chairman.

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NCLAT Closes Insolvency Proceedings Against Jyoti Ltd After Settlement With Financial Creditors

A two-member bench, including Acting Chairperson Justice B Lal Bhat, allowed the plea of the company after observing that it has already paid Rs 16.5 crore as per the compromise proposal.

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SC expunges remarks made against 3 members of NCLAT

SC expunges remarks made against 3 members of NCLAT

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Centre to appoint administrator for Delhi Gymkhana Club Affairs management, rules NCLAT

Centre to appoint administrator for Delhi Gymkhana Club Affairs management, rules NCLAT

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Sitharaman inaugurates National Company Law Appellate Tribunal Chennai bench

Sitharaman inaugurates National Company Law Appellate Tribunal Chennai bench

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Plea in SC seeks to make Chennai Bench of NCLAT functional

Plea in SC seeks to make Chennai Bench of NCLAT functional

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NCLAT Stays NCLT Order Directing ArcelorMittal India To Pay Rs 1,300 Cr As IRP Cost

Passing an interim order, a two-member bench comprising Acting Chairperson Justice B L Bhat has stayed the order passed by the National Company Law Tribunal (NCLT) over the plea filed by ArcelorMittal India.

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“The Approach Of NCLT And NCLAT Is More Bureaucratic” U.K. Chaudhary, Senior Advocate

The National Company Law Tribunal has disposed of more than 6,000 cases under IBC and is also dealing with 9,000 cases which are pending at various stages along with allied and connecting multiple applications in the pending cases.

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Corporate Insolvency Proceedings Cannot Be Initiated Once Debt Is Converted Into Capital: NCLAT

The appellate tribunal also said that any investment cannot be 'financial debt' and the provisions of Section 7 of the Insolvency & Bankruptcy Code provide for initiation of CIRP by a financial creditor only and that too, if there is 'debt' and 'default'.

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Jaypee case: SC transfers to itself appeals before NCLAT to ensure no delay in NBCC resolution plan

Jaypee case: SC transfers to itself appeals before NCLAT to ensure no delay in NBCC resolution plan

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Govt Extends NCLAT Acting Chairperson Justice B L Bhat’s Tenure For 3 Months

NCLAT is closed and has suspended all court works, including the virtual hearing of cases and filing till July 10 due to sealing of its premises after finding one of its staff COVID-19 positive.

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Revoke The IBC Suspension For Greater Economic Good

Capacity creation at the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT) levels should be taken up urgently.

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