National Company Law Tribunal
Quasi-judicial body in India
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The National Company Law Tribunal is a quasi-judicial body in India that adjudicates issues relating to Indian companies. The tribunal was established under the Companies Act 2013 and was constituted on 1 June 2016 by the government of India and is based on the recommendation of the V. Balakrishna Eradi committee on law relating to the insolvency and the winding up of companies.
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SC gives PIL-lawyer Bhushan a lesson in public interest; terms a PIL argued by him as personal interest pleaVeteran advocate Prashant Bhushan, who argued several important public interest litigations resulting in landmark decisions from constitutional courts, on Thursday was called out by the Supreme Court..IndiaTimes - Published | |
Desai co defaulted on debt, NCLT had admitted caseIndiaTimes - Published | |
NCLT allows GoFirst to use leased planes; setback to lessorsIndiaTimes - Published | |
Lavasa, India’s first pvt hill station, sold for Rs 1.8k croreThe NCLT order approving the resolution plan submitted by Darwin came after the lenders voted in favour of the resolution plan. It envisages a payout of Rs 1,814 crore over eight years; it includes Rs..IndiaTimes - Published | |
Relief for Antrix as Dutch court junks Devas pleaIn a big relief for Isro’s commercial arm Antrix against its legal fight against Bengalurubased Devas Multimedia, a court in the Netherlands on Tuesday upheld the liquidation orders of the company by..IndiaTimes - Published | |
Setback to aircraft lessors: NCLAT upholds Go First bankruptcy proceedingsLessors will not be able to repossess their aircraft from Go First for now. The National Company Law Appellate Tribunal (NCLAT) on Monday upheld National Company Law Tribunal’s (NCLT) May 10 order..IndiaTimes - Published | |
NCLT admits Go First plea for insolvency; imposes moratorium on assetsThe National Company Law Tribunal (NCLT) on Wednesday admitted Go First’s plea for voluntary insolvency. A moratorium has been imposed the moratorium, meaning the airline’s lenders and other..IndiaTimes - Published | |
Noida, Greater Noida's 20,000 homebuyers get massive relief as NCLT nods to Suraksha's takeover of Jaypee InfratechNoida news: The Suraksha Group will deliver these units to homebuyers within the stipulated time frame. The committee will monitor the progress of the construction of units.DNA - Published | |
Why PIL by lawyers when NCLT members accepted 3-year tenure, asks Supreme CourtIndiaTimes - Published | |
Supertech declared bankrupt, leaves homebuyers in a limboNCLT on Friday initiated insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group.DNA - Published | |
Govt seeks applications for 20 judicial, technical members at NCLT, NCLATIndiaTimes - Published | |
SC: Insolvency and bankruptcy matters must be decided in 330 daysThe Supreme Court on Monday said that 330 days deadline for resolution plan has to be strictly adhered to and NCLT and NCLAT must decide insolvency and bankruptcy matters keeping in mind the sanctity..IndiaTimes - Published | |
Create provision in IBC code for builders to give details of all home-buyers if one files for bankruptcy resolution, Parl panelA parliamentary panel has recommended the government to introduce a provision in the Insolvency Bankruptcy Code (IBC) making it mandatory for builders to provide details of all customers in a project,..IndiaTimes - Published | |
