New Delhi, Sep 23 (SocialNews.XYZ) Essel Group founder Subhash Chandra has approached the National Company Law Appellate Tribunal (NCLAT) challenging the order of a five-member Bench of the National Company Law Tribunal (NCLT) that stayed approval of his repayment plan and restrained him from alienating his properties. The appeal came up for hearing before a three-member Bench of the NCLAT, which directed Subhash Chandra's counsel to serve copies of the petition on the creditors and implead them as parties to the proceedings. The Bench of Officiating Chairperson Justice Yogesh Khanna (retd) and Technical Members Barun Mitra and Ajai Das Mehrotra listed the matter for further hearing on September 29.

IL&FS challenged this before the NCLAT which said it had already passed an earlier order 'not permitting collapse of the Agreement with regard to Attivo Economic Zone (Mumbai)'.

The National Company Law Appellate Tribunal (NCLAT) on Thursday admitted Meta Platforms' appeal against an order by India's competition regulator, which imposed a five-year ban on the company's data-sharing practices in the country and slapped a ₹213.14 crore fine for allegedly abusing its dominant position. The bench, led by NCLAT chairperson Justice Ashok Bhushan, noted that the matter required further consideration.

The Supreme Court accepted appeal from Google, the Indian Economic Commission (CCI) and the Alliance Digital India Foundation (ADIF) against the decision of the Court of Appeal (NCLAT) in the National Act (NCLAT), according to the Bar and Bench report. The technology giant faced charges of abuse of dominance for promoting unfair policies in stores and preferred its own payment application, Google Pay.

The submission was part of its plea to the National Company Law Appellate Tribunal (NCLAT), filed on February 9, alleging violation of the Competition Commission of Indias remedial directions against ...

Go First’s aircraft lessors filed an appeal with the National Company Law Appellate Tribunal (NCLAT), arguing that their assets had been unfairly taken as they had terminated the leases prior to the moratorium.

NEW DELHI: Supreme Court on Friday held that telecom companies cannot claim ownership over spectrum allocated to them by govt and the natural resource cannot be subject to insolvency and liquidation process of a bankrupt telecom company.A bench of Justices P S Narasimha and A S Chandurkar rejected the plea of banks, which submitted that licenced spectrum could also be put on block to recover debt taken by a bankrupt telecom company. It quashed an NCLAT order in insolvency proceedings of Aircel group, which had said that spectrum usage rights could be treated as assets of a corporate debtor and could be transferred during insolvency or liquidation.

The bench headed by the ps Narasimha justice also admitted the dismissal of the Indian Commission and Alliance Digital India Foundation and in November the issue for hearing was listed. | Photo Credit: Reuters On Friday (August 8, 2025), the Supreme Court admitted an appeal lodged with the alphabet, the parent company of the online search machine, against the judgment on the Court of Appeal for the National Law (NCLAT), which partially confirmed the Commission for Competition in India (CCI), which found that technology abused its dominant position in Anti-Compette systems.

New Delhi, Aug 27 (SocialNews.XYZ) After an NCLT order approved a repayment plan that grants Essel Group founder Subhash Chandra a 99.97 per cent haircut on admitted creditor dues worth Rs 22,006 crore, HDFC Bank said on Thursday it is exploring an appeal before the National Company Law Appellate Tribunal (NCLAT). A bank spokesperson said its admitted claim in the matter accounted for only 3.2 per cent of the total stated amount and that the loan facility was inherited from HDFC Limited following the merger of the two entities. “With regard to the referred NCLT matter, HDFC Bank's admitted claim was only 3.2 per cent of the total stated amount.

The Supreme Court on Friday dismissed a plea filed by Byju Raveendran, promoter of Think and Learn Private Limited, challenging an NCLAT order that said the settlement of the BCCI’s claim must be placed before the Committee of Creditors (CoC). A bench of Justices J B Pardiwala and K V Viswanathan refused to interfere with the April 17 order of the Chennai bench of the NCLAT and asked senior counsel Navin Pahwa, appearing for Raveendran, to move ahead under the existing process.

The NCLAT has ruled that the Competition Commission of India cannot probe disputes involving patented drugs, holding that the Patent Act prevails over the Competition Act. Dismissing an appeal against a CCI order, in which the regulator had closed a complaint against Swiss pharma major Vifor International (AG), a two-member NCLAT bench said the 'Patent Act will prevail over the Competition Act'.