The Supreme Court also asked Google to deposit 10 per cent of the penalty amount in seven days
1 min read19 Jan 2023The NCLAT's ruling has come on a petition filed by Sarda Agro Oils' Managing Director Jagdish Prasad Sarada challenging the NCLT orderAccording to the NCLAT, the Supreme Court has also held that the limitation period for application under Section 7 of the IBC
2 min read28 Aug 2020Observing that the NCLT has rightly dismissed the plea as Allied Silica has failed to prove the operational debt and its default and further on the ground of pre-existing dispute, the appellate tribunal rejected the appeal against it
3 min read12 Aug 2020Settlement of dues allowed under the bankruptcy code with the consent of 90% of lenders has some advantages, say experts
1 min read20 Jul 2020Official data showed that since the IBC and the judicial ecosystem came into force in December 2016, the number of cases withdrawn on settlement of dues is as high as 157, while 221 and cases have been resolved under tribunals
3 min read19 Jul 2020The government had in March appointed Justice Bhat as the acting chairperson for three months when the then chairperson Justice S.J. Mukhopadhaya completed his term
1 min read6 Jul 2020The tribunal in a notice dated July 2 said all court works, including the virtual hearing of cases and filing, would remain suspended as some members of the staff have come in direct contact with the affected person
2 min read3 Jul 2020Urgent matters, which require immediate attention could be mentioned before the acting Chairperson Justice Bansi Lal BhatFiling office of the appellate tribunal will accept the petitions till 1:00 PM
1 min read15 Mar 2020The government has notified the constitution NCLAT Chennai BenchNCLAT's Chennai bench will come into effect from March 18, 2020
1 min read15 Mar 2020DoT had appealed against an order of the Mumbai bench of the NCLTIn its plea, the DoT raised the issue as whether licence/spectrum to run a telecom company could be subject to moratorium during the insolvency proceedings
2 min read8 Mar 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared