The Supreme Court on Wednesday issued notice in an appeal against the NCLAT order which had held that entries in the balance sheet of the company do not constitute an acknowledgement of liability in terms of Section 18 of the Limitation Act, 1963.
The Supreme Court has upheld the order of the Competition Commission of India and NCLAT, wherein it had found that Ola and Uber do not facilitate cartelization or anti-competitive practices between drivers, who are independent individuals, who act independently of each other.
The Supreme Court bench comprising Chief Justice S.A. Bobde, Justices A.S. Bopanna, and V. Ramasubramanian on Tuesday heard the cross-appeals filed by Tata Sons and Cyrus Investments against the National Company Law Appellate Tribunal’s (NCLAT) order which had restored Cyrus Mistry.....
The Supreme Court on Wednesday on Wednesday ordered a stay on the National Company Law Appellate Tribunal (NCLAT) order directing a probe by Competition Commission of India into allegations that Flipkart had abused its dominant position in the market while seeking the response.
The Supreme Court on Monday extended the term of Justice AIS Cheema, judicial member of the National Company Law Appellate Tribunal, by three months. Justice Cheema was scheduled to demit office on September 10.
The Calcutta High Court has struck down the National Company Law Tribunal (NCLT) order directing all financial creditors to mandatorily file default record from Information Utility along with a plea under Section 7 of Insolvency & Bankruptcy Code.