The Supreme Court on Monday agreed has agreed to hear an appeal by Meru Cabs against a decision of the National Company Law Appellate Tribunal (NCLAT), that had outrightly rejected their allegation against Ola cabs for predatory pricing.
Supreme Court while hearing the appeal by the Primal Capital and Housing Finance Limited stayed the order of the NCLAT which had directed the Committee of Creditors to consider the petition of 63 Moons against Piramal ascribing Re 1 value to Rs 40,000 crore worth of recoverable assets in the DHFL case.
Today, a three-judge bench headed by the Chief Justice NV Ramana, Justice AS Bopanna & Justice Hima Kohli was informed by senior counsels appearing for big corporates Amazon and Future Retail that negotiation talks to end long standing disputes have been failed between them.
The former Supreme Court judge has taken over as the chairperson of the National Company Law Appellate Tribunal. He had retired from the Supreme Court this July. His vast experience and “welfarist and humanist” approach will be much needed at the tribunal. Earlier this year, APN channel.....