Tag: National Company Law Appellate Tribunal

Law Tribunal Suspends Antitrust Ban On WhatsApp-Meta Data Sharing

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Law Tribunal Suspends Antitrust Ban On WhatsApp-Meta Data Sharing

New Delhi: In a respite for Mark Zuckerberg-run Meta, the National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by the Competition Commission of India (CCI) on WhatsApp for its data-sharing practices. The NCLAT bench, led by Justice Ashok Bhushan, said such a ban could disrupt WhatsApp’s business model in the…

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Nation

BCCI tells NCLT that it will move application for withdrawal of insolvency plea against Byju’s

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BCCI tells NCLT that it will move application for withdrawal of insolvency plea against Byju’s

A view of the BCCI headquarters in Mumbai. The BCCI told the National Company Law Tribunal (NCLT), Bengaluru that it would move an application for withdrawal of its insolvency plea against ed-tech firm Byju’s. | Photo Credit: The Hindu The Board of Control for Cricket in India (BCCI) on Tuesday (November 12, 2024) told the…

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Business

NCLAT orders status quo on Coastal Energen insolvency resolution process

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NCLAT orders status quo on Coastal Energen insolvency resolution process

The National Company Law Appellate Tribunal (NCLAT), Chennai on Friday (September 6, 2024) ordered status quo to be maintained as on date in the matter of Corporate Insolvency Resolution Process of Coastal Energen Private Limited, based on an appeal filed against the approval of a ₹3,335.52 crore (excluding resolution process cost) resolution plan submitted by Dickey Alternative Investment Trust and…

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Business

Byju’s insolvency proceedings order: NCLAT Chennai judge refuses to hear appeal

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Byju’s insolvency proceedings order: NCLAT Chennai judge refuses to hear appeal

National Company Law Appellate Tribunal (NCLAT) Chennai Judicial Member Justice Sharad Kumar Sharma on July 29 refused to hear an appeal by Byju Raveendran against the insolvency proceedings ordered against Think & Learn Private Limited, which runs Byju’s, citing that he has appeared for Board of Control for Cricket in India (BCCI) as senior counsel…

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Business

Byju’s insolvency proceedings order: NCLAT Chennai judge recuses himself from hearing appeal

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Byju’s insolvency proceedings order: NCLAT Chennai judge recuses himself from hearing appeal

National Company Law Appellate Tribunal (NCLAT) Chennai Judicial Member Justice Sharad Kumar Sharma on July 29 recused himself from hearing an appeal by Byju Raveendran against the insolvency proceedings ordered against Think & Learn Private Limited, which runs Byju’s, citing that he has appeared for Board of Control for Cricket in India (BCCI) as senior…

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Business

NCLAT chairperson calls for developing robust mechanism to regulate digital markets

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NCLAT chairperson calls for developing robust mechanism to regulate digital markets

Ashok Bhushan. File | Photo Credit: PTI Effective cooperation among the BRICS nations in striking the right balance between promoting sustainability and competition is pertinent to deal with complex challenges, National Company Law Appellate Tribunal (NCLAT) chairperson Ashok Bhushan said on October 12. Emphasising the importance of having free and fair competition in the market…

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Business