Tag: NCLT
SC Stalls Centre's Takeover Of Unitech
The Supreme Court on Wednesday stayed an NCLT order suspending real estate major Unitech's directors and allowing the Centre to appoint its nominees in their place.....
PNB Fraud: NCLT Bars 64 Firms From Selling Assets
The National Company Law Tribunal (NCLT) has restrained over 60 companies, including those belonging to Rs 12,600-crore PNB fraud accused Nirav Modi and his uncle Mehul Choksi, from selling their assets, according to a government announcement on Sunday.....
Tata Sons Moves SC Against NCLAT Order On Cyrus Mistry
Tata Sons Thursday moved the Supreme Court challenging reinstatement of Cyrus Mistry as executive Chairman and director of Tata Sons and the three group companies -- Tata Consultancy Services Ltd (TCS), Tata Industries Ltd and Tata Teleservices (Maharashtra) Ltd.....
Jolt To Mistry, Supreme Court Puts His Reinstatement As Tata Son's Chief On Hold
The Supreme Court on Friday stayed an NCLAT order reinstating Cyrus Mistry as Tata Son's Chairman. Chief Justice S.A. Bobde said the NCLAT granted a prayer not made.....
Absconder Shravan Gupta To Be Extradited Back!
MGF owner Shravan Gupta accused of money laundering and fraud can now be issued a lookout notice anytime. ....
Supreme Court Stays NCLAT Order On RoC Plea For Changes In Tata-Mistry Verdict
In a major development in the Tata Sons-Cyrus Mistry row, the Supreme Court on Thursday stayed the National Company Law Appellate Tribunal's (NCLAT) order dismissing the Registrar of Company's (RoC) plea to modify its verdict on the Tata Sons matter.....
NCLT Upholds Tata Sons 2016 Move Sacking Cyrus Mistry As Chairman
In a significant ruling, the National Company Law Tribunal (NCLT) on Monday upheld the October 24, 2016 decision of the Tata Sons Board of Directors dismissing its then Chairman Cyrus Mistry, a company official said here, which Mistry's office termed as "disappointing".....
NCLT Gives Major Setback To MGF Headed By Shravan Gupta, Directed Against Creating Third Party Rights On Gurgram Property
In a significant development, NCLT has restrained MGF company headed by Shravan Gupta against creating any third party rights relating to a 3.65 Acres Gurgaon prime property. MGF had sought transfer of development rights to itself, based on demerger order. NCLT has forbidden MGF aginst creating any such rights. ....
Emmar Cautions Public Against Dealing With Tainted MGF Group For 'Okhla Land'
Emmar India Limited, previously known as Emaar MGF land Limited has issued a public notice, thereby cautioning common public, not to deal with MGF group regarding okhala land. NCLT proceedings are at advanced stage for this very piece of land and this is going to have direct bearing on Okhla land. ....
NCLT Mumbai Orders Liquidation Of Nirav Modi's Scam-hit Firm
Virtually spelling doom for various Indian public sector banks, the National Company Law Tribunal, Mumbai, has ordered the liquidation of absconding diamantaire Nirav Modis group company, Firestar Diamond International Pvt. Ltd. (FDIPL). ....
