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nclat
The NCLAT dismissed it by saying that the NCLT has already dealt with the issue.
NCLAT dismisses IT dept plea against Reliance Jio on demerger of tower
25 Dec 2019 12:58 PM

The IT department has contended that by scheme of arrangement, the transferor company Reliance Jio Infocomm.

Registrar of Companies on Monday moved NCLAT requesting to amend its order and remove the word "illegal" with respect to the conversion of Tata Sons from a public company to private company.
Tata Sons verdict: Corp Affairs Min seeks modification in NCLAT order
23 Dec 2019 1:06 PM

The petition filed by RoC was mentioned on Monday before NCLAT, which has directed to list the matter on January 2, 2020 for hearing.

Various group scrips had fallen up to 4 per cent in the previous trade after the order.
Tata Group stocks remain under pressure after NCLAT order
19 Dec 2019 10:47 AM

The scrip of Tata Global Beverages fell 0.89 per cent, Indian Hotels Company slipped 0.62 per cent.

Section 30(2)(b)(ii) says that a dissenting financial creditor shall get payment as per order of priority as specified in section 53(1) of IBC.
NCLAT rejects DBS Bank's plea challenging distribution of funds from Ruchi Soya
20 Nov 2019 2:32 PM

The Mumbai bench of the NCLT has approved around Rs 4,350-crore resolution plan on July 24, 2019.

JSW Steel approached NCLAT seeking protection from the ongoing investigation in money laundering cases against former promoters of BPSL.
NCLAT asks ED to release BSPL assets, stays Rs 19,700-cr sale to JSW Steel
14 Oct 2019 1:13 PM

On September 5, NCLT had approved the JSW Steel's Rs 19,700 crore resolution plan for BPSL.

NCLT had barred Dutch Court Administrator from taking part in the Jet Airways insolvency proceedings in India. (Photo: File)
NCLAT allows Dutch court administrator to attend Jet Airways CoC meetings
26 Sep 2019 12:28 PM

One of the Jet Airways aircraft, parked in the Schiphol Airport in Amsterdam, has already been seized.

The NCLAT had admitted HUDCO's plea on May 15, 2019 in the ongoing  cases of Bakshi and McDonald's India Pvt Ltd (MIPL). (Photo: Pixabay)
NCLAT orders review of McDonald's-Vikram Bakshi settlement
19 Sep 2019 9:01 AM

The appellate tribunal was hearing an intervention plea by HUDCO, claiming dues of Rs 195 crore from Bakshi.

Under the insolvency proceedings, JSW Steel has emerged as the winning bidder for Bhushan Power & Steel.
Bhushan Power case: NCLAT to hear JSW Steel's plea on Oct 14
16 Sep 2019 1:54 PM

NCLAT will decide over the payment of Rs 19,350 crore by JSW Steel of Bhushan Power & Steel on hearing on Oct 14.

A three-member NCLAT bench observed that its order on August 28 is "conditional" as debt-ridden Sterling Biotech may "revert back to liquidation" and judgement would "stand reversed" if clean money is not paid within the period.
ED needs to be satisfied over dues payments made by Sterling promoters: NCLAT
06 Sep 2019 6:12 PM

NCLAT also said the promoters will have to settle their case with the creditors within a specified period.

NCLAT's direction came while hearing a petition filed by the Dutch Court Administrator against the order of the Mumbai bench of the National Company Law Tribunal (NCLT), which had declared overseas bankruptcy proceedings null and void in the Jet Airways insolvency case. (Photo: Representational/File)
NCLAT asks Jet Airways IRP to cooperate with Dutch Court Administrator
04 Sep 2019 3:37 PM

The Dutch Court Administrator has also agreed before NCLAT not to sell the confiscated assets of debt-ridden Jet Airways.

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