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  • CCI has not identified any conduct by Meta that denied market access to rivals: Meta Platforms tells NCLAT

    NCLAT was hearing a petition by the tech giant, which challenged a penalty of Rs 213.14 crore on the social media major for unfair business ways with respect to the WhatsApp privacy policy update done in 2021.

  • NCLAT declines to stay HNG resolution proceedings

    NCLAT declines to stay HNG resolution proceedings

    The resolution plan has been contested by AGI Greenpac Ltd, erstwhile promoter Mukul Somany, dissenting financial creditor Exclusive Capital Ltd and operational creditor Soneko

  • NCLAT sets aside plea against Nirma's Nuvoco Vistas bid for Vadraj Cement

    NCLAT sets aside plea against Nirma's Nuvoco Vistas bid for Vadraj Cement

    The Delhi-based principal bench of NCLAT has upheld the previous order passed by the Mumbai bench of the NCLT, which in April, approved Nuvoco Vistas's plan for Vadraj Cement that includes an upfront payment of Rs 1,800 crore.

  • NCLAT declines relief to Gensol entities on asset freeze, asks BluSmart and Matrix to approach NCLT

    NCLAT declines relief to Gensol entities on asset freeze, asks BluSmart and Matrix to approach NCLT

    The investigation reports and regulatory findings from the the MCA, Sebi, and Serious Fraud Investigation Office prima facie support the government’s claims of systemic fraud involving substantial public interest, it said.

  • NCLAT sets aside direction for forensic audit of Golden Tobacco, reinstates resolution professional of debt-ridden cigarette maker

    NCLAT sets aside direction for forensic audit of Golden Tobacco, reinstates resolution professional of debt-ridden cigarette maker

    Vadodara-based Golden Tobacco owns cigarette brands such as Panama, Chancellor, Golden's Gold Flake and Taj Chhap. It is a Dalmia Group-owned firm.

  • Relief for Vedanta as NCLAT stays NCLT’s order rejecting demerger

    Relief for Vedanta as NCLAT stays NCLT’s order rejecting demerger

    In March, NCLT dismissed the demerger scheme filed by Talwandi Sabo Power Ltd (TSPL) after objections were raised by SEPCO, a creditor of TSPL, in relation to the demerger of Vedanta

  • NCLAT dismisses insolvency plea against PepsiCo India

    NCLAT dismisses insolvency plea against PepsiCo India

    The appellate insolvency tribunal has upheld the earlier order passed by the Chandigarh bench of the National Company Law Tribunal (NCLT), which had rejected SNJ Synthetics’s plea

  • Google Play Store case: NCLAT reinstates two more directions from CCI order

    Google Play Store case: NCLAT reinstates two more directions from CCI order

    NCLAT had partially upheld key aspects of CCI's order and reduced Google's penalty from Rs 936.44 crore to Rs 216.69 crore in March 2025

  • NCLAT sets aside BCCI and Riju Raveendran's plea on settlement for Byju's

    NCLAT sets aside BCCI and Riju Raveendran's plea on settlement for Byju's

    A two-member Chennai bench of the NCLAT upheld the directions passed by the NCLT

  • Major relief for Zee Entertainment as NCLAT dismisses IDBI Bank's plea seeking insolvency proceedings

    Major relief for Zee Entertainment as NCLAT dismisses IDBI Bank's plea seeking insolvency proceedings

    NCLAT upheld NCLT order by rejecting IDBI's plea

  • After NCLAT ruling, startup founders urge proactive regulation against 'dominant digital gatekeepers'

    After NCLAT ruling, startup founders urge proactive regulation against 'dominant digital gatekeepers'

    On March 28, NCLAT upheld key aspects of the CCI's antitrust order against Google's Play Store policies but set aside some directions and cut the penalty from Rs 936.44 crore to Rs 216.69 crore.

  • Google Play Store case: NCLAT partially upholds CCI's antitrust order, slashes penalty to Rs 216.7 crore

    Google Play Store case: NCLAT partially upholds CCI's antitrust order, slashes penalty to Rs 216.7 crore

    In October 2022, CCI had imposed a penalty of Rs 936.44 crore on Google for abusing its dominant position with regard to its Play Store policies

  • NCLAT dismisses Deloitte Haskins' plea on admissibility of SFIO’s report on IFIN

    NCLAT dismisses Deloitte Haskins' plea on admissibility of SFIO’s report on IFIN

    The petitions also contested the compilation submitted by the government (MCA) to the tribunal

  • NCLAT declines stay on CoC reviewing Rs 158 crore BCCI-Byju’s settlement offer

    NCLAT declines stay on CoC reviewing Rs 158 crore BCCI-Byju’s settlement offer

    Byju's suspended Director Riju Raveendran had sought to keep his Rs 158 crore settlement with the Board of Control for Cricket in India (BCCI) outside the purview of its Committee of Creditors (CoC), in a bid to evade insolvency

  • Byju's suspended RP, former promoters move appellate tribunal NCLAT

    Byju's suspended RP, former promoters move appellate tribunal NCLAT

    The tribunal also canceled the reconstitution of the Committee of Creditors (CoC) of Byju’s, which had been carried out by the Interim Resolution Professional on August 31, 2024. In this reconstitution, Srivastava had excluded Glas Trust and Aditya Birla Finance.

  • NCLAT gives go-ahead to IECCL resolution

    NCLAT gives go-ahead to IECCL resolution

    However, the National Company Law Appellate Tribunal (NCLAT) also clarified that ICICI-led consortium, which is opposing the IECCL resolution, would have the liberty to press for its "objection on the extinguishment of its entire debt, or mere payment of 42.25 per cent shareholding of IECCL in the ongoing resolution process."

  • Byju’s US lender to move Supreme Court against NCLAT nod to BCCI settlement

    Byju’s US lender to move Supreme Court against NCLAT nod to BCCI settlement

    The NCLAT order led to Byju Raveendran getting back the control of the edtech startup. Expecting a challenge, he has already filed a plea in the court requesting he be heard before deciding the matter

  • Byju Raveendran files caveat in SC expecting challenge to NCLAT order

    Byju Raveendran files caveat in SC expecting challenge to NCLAT order

    The plea was filed on August 3, a day after the NCLAT accepted the settlement between Raveendran and Board of Control for Cricket in India (BCCI). The US based lenders of Byju's had objected to the settlement alleging that it was 'tainted' and Raveendran was using money 'stolen' from them to settle with BCCI.

  • Byju Raveendran back in control of Byju's as NCLAT accepts BCCI settlement

    Byju Raveendran back in control of Byju's as NCLAT accepts BCCI settlement

    The appellate tribunal noted that the settlement is being arrived before the Committee of Creditors (CoC) could have been constituted and considering that the source of the money (for settlement) is not in dispute, it did not have any reason to keep the company in insolvency process.

  • Byju's insolvency: NCLAT stays formation of lenders committee till August 2

    Byju's insolvency: NCLAT stays formation of lenders committee till August 2

    The tribunal is expected to rule on the settlement between Raveendran and BCCI on August 2 and the stay is intended 'to protect the interest of all the parties' till an order is passed.

  • NCLAT defers settlement between Byju Raveendran and BCCI after lenders sound alarm

    NCLAT defers settlement between Byju Raveendran and BCCI after lenders sound alarm

    The US-based lenders of Byju's have requested NCLAT not to accept the settlement, saying it is 'tainted' and is being paid from 'stolen money'

  • Karnataka HC disposes of Byju Raveendran's plea after NCLAT begins hearing case

    Karnataka HC disposes of Byju Raveendran's plea after NCLAT begins hearing case

    The HC said "Having regard to undisputed fact that appeal is filed before NCLAT and it has been taken up for consideration today and kept for hearing tomorrow. Petition is disposed off with liberty to revive the petition if occasion arises."

  • NCLAT judge recuses himself from hearing Byju Raveendran's plea challenging bankruptcy order

    NCLAT judge recuses himself from hearing Byju Raveendran's plea challenging bankruptcy order

    The case will now be placed before NCLAT chairperson Justice (retd) Ashok Bhushan who will take a call on the course of action

  • No immediate relief for Byju Raveendran as Karnataka HC defers plea to July 30

    No immediate relief for Byju Raveendran as Karnataka HC defers plea to July 30

    Raveendran has sought the suspension of the NCLT order that initiated bankruptcy proceedings against Byju's on BCCI's plea over non-payment of Rs 158 crore

  • Around 77 % companies liquidated under IBC were already defunct, says Economic Survey

    Around 77 % companies liquidated under IBC were already defunct, says Economic Survey

    The survey revealed that the eight years since it was introduced in 2016, 31,394 corporate debtors involving a value of Rs 13.9 lakh crore have been disposed of (including pre-admission case disposals) as of March 2024.

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