Nclat News - Latest Updates & Headlines
NCLAT dismisses Byju's settlement plea, upholds insolvency
Chennai, April 18: The National Company Law Appellate Tribunal (NCLAT) has set aside the appeals filed by the BCCI and Riju Raveendran, brother of Byju Raveendran, seeking withdrawal of insolvency proceedings against Byju's and to consider the settlement between the beleaguered edtech company and the BCCI.
NCLAT dismisses IDBI Bank's insolvency plea against Zee Entertainment
New Delhi, April 7: The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed IDBI Bank’s petition to start insolvency proceedings against Zee Entertainment Enterprises Limited (ZEEL).
NCLAT stays CCI ban on WhatsApp, Meta evaluating next steps
New Delhi, Jan 23: Mark Zuckerberg-run Meta on Thursday said it welcomes the decision of the National Company Law Appellate Tribunal (NCLAT) to stay the ban imposed by the Competition Commission of India (CCI) on WhatsApp and will evaluate next steps.
NCLAT stays CCI ban on WhatsApp, asks Meta to pay half the Rs 213 crore fine
New Delhi, Jan 23: In a respite for Mark Zuckerberg-run Meta, the National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by the Competition Commission of India (CCI) on WhatsApp for its data-sharing practices.