[ad_1] The National Company Law Appellate Tribunal (NCLAT) on Monday upheld an NCLT order allowing crisis-hit Go First’s voluntary insolvency resolution proceedings. A two-member NCLAT bench asked several aircraft lessors of Go First opposing insolvency to approach the National Company Law Tribunal (NCLT) for any remedy. “The order dated May 10, 2023, allowing insolvency … Read more
[ad_1] KOLKATA: The National Company Law Appellate Tribunal (NCLAT) on Monday allowed IL&FS to withdraw applications against bulk tea major McLeod Russel. This is the second time the bulk tea company will come out of the Insolvency and Bankruptcy Code (IBC) process. IL&FS Infrastructure Debt Fund, a financial creditor of McLeod Russel, had filed a … Read more
[ad_1] New Delhi: The NCLAT on Wednesday upheld the orders of the fair trade regulator CCI imposing a penalty of Rs 1,337.76 crore on tech major Google in the Android mobile devices case, with some modifications. A two-member bench of the National Company Law Appellate Tribunal (NCLAT) has directed Google to implement the direction and deposit the … Read more