NCLAT has agreed to hear Jet staff's appeal against the Kalrock-Jalan plan for resolving the dispute
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![NCLAT has agreed to hear Jet staff's appeal against the Kalrock-Jalan plan for resolving the dispute](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
In June, the Mumbai Bench of the National Company Law Tribunal (NCLT) had approved the resolution plan for the grounded Jet Airways...
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- Aug 26, 2021
- 3 min
Videocon’s AGR dues: SC stops DoT from encashing Bharti Airtel’s bank guarantees
The Supreme Court on Tuesday ordered the Department of Transportation not to use Bharti Airtel's bank guarantees (BGs) for three weeks in...
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- Aug 26, 2021
- 2 min
IRPs, RPs and liquidators can now appear before tax authorities, rules CBDT
Interim resolution professionals (IRPs) and resolution professionals (RPS) have now got the formal recognition of income-tax authorities...
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- Aug 26, 2021
- 2 min
No provision in the IBC for the recovery of funds raised fraudulently by a firm undergoing CIRP
The Delhi High Court has issued notice on a petition filed by ninety-four financial creditors who claim that the Insolvency and...
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![Supreme Court refuses to stay NCLAT order](https://static.wixstatic.com/media/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.webp)
- Aug 25, 2021
- 2 min
Supreme Court refuses to stay NCLAT order
The Supreme Court refused to stay the ruling of the National Company Law Appellate Tribunal (NCLAT) that power distribution firms cannot...
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![NCALT New Delhi: Matter getting protracted, defeating the purpose of IBC](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
- Aug 25, 2021
- 2 min
NCALT New Delhi: Matter getting protracted, defeating the purpose of IBC
While disposing of an appeal, the Coram of Judicial A.I.S. Cheema (officiating Chairperson) and Dr. Alok Srivastava (Technical Member)...
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- Aug 24, 2021
- 2 min
Streamlining outbound investments
Outbound investments from India. have been traditionally governed by the Foreign Exchange Management (Transfer or Issue of Any Foreign...
![Limits placed on National Company Law Tribunals (NCLTs) by the Supreme Court](https://static.wixstatic.com/media/d515a3_a4cc1dadab204f4da7594f30e701c073~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_a4cc1dadab204f4da7594f30e701c073~mv2.webp)
- Aug 24, 2021
- 2 min
Limits placed on National Company Law Tribunals (NCLTs) by the Supreme Court
What is the role of the Adjudicating Authority (AA) under the IBC? Can the AA go into the merits of the decision of the Committee of...
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- Aug 24, 2021
- 3 min
Mukesh Ambani vs. Jeff Bezos fight for Future points to lacunae in India's bankruptcy law
A telecom company and a store are shining a light on India's experience with aided corporate death and rebirth. The vision that stares...
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- Aug 24, 2021
- 2 min
RBI wants you to memorize 16-digit Credit, Debit card numbers, Expiry date, CVV for security purpose
The Reserve Bank of India (RBI) is adamant about its amended data storage policy requirements. The RBI has rejected payment gateway...
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