Top Law News NCLT cancels summer vacation to hear cases. May 8, 2020 by Legal India Admin | Leave a Comment National Company Law Tribunal (NCLT) has cancelled the scheduled summer vacation for all its benches across the country this year. In a notification, issued by the registrar on May 5, NCLT said it has cancelled summer vacation for this year and all benches of NCLT will function during the said period. The Delhi-based principal bench […] Read more » National Company Law Tribunal NCLT NCLT cancels summer vacation to hear cases.
Corporate Law News Court, Judiciary & Legal System Top Law News Win-win for 63 moons; MCA’s plea to supersede 63 moons Board dismissed by NCLT under Sec. 397 of Companies Act, 1956 June 12, 2018 / June 12, 2018 by Legal India Admin | Leave a Comment Mumbai, June 9, 2018: Surpassing the Board of 63 moons technologies limited (formerly known as FTIL) under Section 397 of the Companies Act, 1956, the National Company Law Tribunal (NCLT), Chennai dismissed the plea of the Ministry of Corporate Affairs (MCA). The NCLT completely cleared the present Board of 63 moons (which comprises of 4 […] Read more » featured FTIL MCA moons Mr.S Rajendran National Company Law Tribunal NSEL Section 397
Top Law News SC restrains directors of JAL from alienating properties November 22, 2017 by Legal India Admin | Leave a Comment The Supreme Court today directed 13 directors, including five promoters of embattled Jaiprakash Associate Limited (JAL) not to alienate their personal properties and asked the firm to deposit Rs 150 crore and Rs 125 crore by December 14 and December 31 respectively. The bench accepted a demand draft of Rs 275 crore by the real […] Read more » Court featured Jaiprakash Associate Limited Law Legal News National Company Law Tribunal NCLT Supreme Court
Top Law News Deposit substantial amount to prove bonafide: SC to Jaypee November 6, 2017 by Legal India Admin | Leave a Comment The Supreme Court today refused to allow Jaypee Associates to deposit to Rs 400 crore with its registry as against Rs 2,000 crore directed by it, and asked the real estate firm to submit a substantial amount to prove its bonafide. The real estate firm which was asked on September 11 to deposit Rs 2,000 […] Read more » Court featured Jaypee Infratech Law Legal News National Company Law Tribunal Supreme Court
Top Law News SC asks Jaypee Infratech to deposit Rs 2000 crore September 11, 2017 by Legal India Admin | Leave a Comment The Supreme Court today directed the embattled real estate firm Jaypee associates to deposit Rs 2000 crore by October 27 with its registry and asked the NCLT- appointed interim resolution professional (IRP) to take over its management and work out a plan to protect the interests of homebuyers and creditors. The apex court, in effect, […] Read more » Court featured Jaypee Infratech Law Legal News National Company Law Tribunal Supreme Court
Top Law News SC stays insolvency proceedings against Jaypee Infratech September 5, 2017 by Legal India Admin | Leave a Comment The Supreme Court today stayed the insolvency proceedings against real estate firm Jaypee Infratech at the National Company Law Tribunal (NCLT) and sought the firm’s response on a plea seeking protection of the interests of hassled home buyers who have neither got homes, nor their money back. A bench headed by Chief Justice Dipak Misra […] Read more » Court featured Jaypee Infratech Law Legal News National Company Law Tribunal Supreme Court
Top Law News NCLT dismisses Mistry firms’ petition against Tata Sons April 18, 2017 by Legal India Admin | Leave a Comment The National Company Law Tribunal (NCLT) here today dismissed a petition by two firms belonging to Cyrus Mistry’s family, seeking waiver of an eligibility condition for moving the forum against Tata Sons. An NCLT bench of B S V Prakash Kumar and V Nallasenapathy said, “The waiver is dismissed, the company petition dismissed.” The two […] Read more » Court featured Law Legal News Mistry firms National Company Law Tribunal NCLT petition Tata Sons
Top Law News NCLT clears way for Tata Sons to hold EGM on Feb 6 February 1, 2017 by Legal India Admin | Leave a Comment The National Company Law Tribunal (NCLT) today refused to grant a stay on the extraordinary general meeting (EGM) called by Tata Sons on February 6 to consider removal of Cyrus Mistry from the Board of Tata Group’s holding company. A Sundaram, counsel for Cyrus Mistry family companies, pressed for interim relief in contempt petition (against […] Read more » Board of Tata Group Court Cyrus Mistry EGM extraordinary general meeting featured Law Legal News National Company Law Tribunal NCLT Tata Sons
