Source:-https://www.ndtv.com The Supreme Court on Tuesday deferred hearing in Tata-Mistry case for Wednesday, December 9. Tata Sons and Cyrus Mistry Group have challenged a December 18, 2019, order of National Company Law Appellate Tribunal (NCLAT) that had ordered the reinstatement of Cyrus Mistry as the Chairperson of Tata Sons Limited. The two conglomerates have been
Source: livemint.com New Delhi: The Supreme Court on Wednesday deferred till 19 August hearing in the Essar Steel insolvency case, saying said the matter should be decided in light of fresh challenges following recent amendments to the Insolvency and Bankruptcy Code. A division bench, headed by Justice Rohinton Fali Nariman and comprising Justice Surya Kant, heard the
Source:- barandbench.com The National Company Law Appellate Tribunal (NCLAT) has rejected an “appeal” made by the Committee of Creditors (CoC) of debt-ridden Bhushan Power and Steel seeking the “early disposal” of the corporate insolvency resolution process by the Adjudicating Authority, National Company Law Tribunal (NCLT), New Delhi. The plea was filed to speed track the
Source:-business-standard.com The Supreme Court on Tuesday allowed the Serious Fraud Investigation Office (SFIO) to reopen and recast the accounts of Infrastructure Leasing & Financial Services (IL&FS) and two of its key subsidiaries of five years starting 2012-13 (FY13). The order came on a plea moved by the Ministry of Corporate Affairs (MCA), which sought to examine the
