The National Company Law Appellate Tribunal ('NCLAT') while adjudicating the matter of NUIPulp and Paper Industries Private Limited v. Ms Roxcel Trading GMBH, upheld the viewpoint of National...
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![SAT Quashes SEBI Ban On Price Waterhouse For Alleged Conspiracy In Satyam Scam [Read Judgment]](https://www.livelaw.in/h-upload/2019/09/14/500x300_364413-pwc.webp "SAT Quashes SEBI Ban On Price Waterhouse For Alleged Conspiracy In Satyam Scam [Read Judgment]")
SAT Quashes SEBI Ban On Price Waterhouse For Alleged Conspiracy In Satyam Scam [Read Judgment]14 Sep 2019 7:30 AM GMTThe Securities Appellate Tribunal has quashed the SEBI order imposing a two year ban on the accounting firm Price Waterhouse(PW) for its alleged involvement in the Sathyam scam.The ban was imposed by...
SC Stays Liquidation Of Amtek Auto Passed By NCLAT7 Sep 2019 11:37 AM GMT
The Supreme Court has issued notice in a civil appeal filed by the 'Committee Of Creditors' (CoC) of 'Amtek Auto Limited' and stayed the liquidation order passed by the NCLAT. Since the...
IRDAI Imposes Penalty Of 1.11 Crore On Policy Bazaar For Non-Compliance Of Regulations5 Sep 2019 7:20 AM GMT
The Insurance Regulatory Development Authority of India (IRDAI) has fined Policy Bazaar Insurance Web Aggregator (Policy Bazaar) with a penalty of 1.11 crore...
NCLAT Approves Resolution Plan Of Shell Company Despite SEBI's Objections5 Sep 2019 4:14 AM GMT
The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal filed by the market regulator SEBI against the NCLT, Guwahati's approval to the...
MCA Issues Circular Clarifying The Issue Of 'Appointed Date' In Amalgamation Or Merger Schemes3 Sep 2019 4:41 AM GMT
The Ministry of Corporate Affairs (MCA) has issued a clarification with regard to the interpretation of the provision of section 232(6) of the Companies Act, 2013. The MCA said that it had...
SAT Sets Aside Penalty Imposed By SEBI On Directors Of P G Electroplast As "Grossly Disproportionate"1 Sep 2019 4:47 AM GMT
The Securities and Appellate Tribunal while hearing an appeal by the directors of PG Electroplast against SEBI's order, has held that the AO (Adjudication Officer) by imposing a penalty grossly...
NCLAT Dismisses Government's Plea For Recovery From Videocon Industries During Moratorium31 Aug 2019 10:40 AM GMT
The NCLAT has dismissed an appeal against Videocon Industries Limited, by the Ministry of Petroleum & Natural Gas, for recovery of over Rs. 2250 crores as ...
Basic Idea Behind Disgorgement Is Restitution: SAT Allows Investors' Plea For Compensation31 Aug 2019 6:16 AM GMT
The Securities Appellate Tribunal (SAT) has directed SEBI in a case to compensate victims of an investor fraud scheme by utilising funds either from the...
NCLAT Allows Appeal Filed By ICICI Against RP Of Ruchi Soya Industries; Dismisses Claim Of Preferential Transactions30 Aug 2019 6:13 AM GMT
The NCLAT has allowed an appeal filed by ICICI Bank against the Resolution Professional of Ruchi Soya Industries, setting aside the NCLT order that had upheld the RP's claim of preferential treatment...
NCLT Initiates Insolvency Proceedings On Homebuyer's Plea Against Builder For Defaulting Payment Of Refund [Read Judgment]30 Aug 2019 4:39 AM GMT
Almost a fortnight after the Supreme Court upheld the right of homebuyers to approach the National Company Law Tribunal as 'financial creditors', the Tribunal has admitted a homebuyer's application...
Delay Or Insufficiency Of Services Are Not Issues Under The Competition Act: CCI29 Aug 2019 4:54 AM GMT
The Competition Commission of India has held that elements of anti-competitive agreement and abuse of dominant position stand on a higher platform than deficiency in services, thus such...
NCLT Initiates Insolvency Proceedings Against Builder On Homebuyers' Plea29 Aug 2019 4:49 AM GMT
The NCLT Delhi has admitted an insolvency petition filed by a group of 'homebuyers' against the builder Today Homes Noida India Ltd. The allottees of the flat (homebuyers) had...
![Abuse On Account Of Collective Dominance Not Recognized By Indian Competition Regime: CCI Dismisses Allegation Of Cartelization By Telugu Film Producers [Read Order]](https://www.livelaw.in/h-upload/2019/08/27/500x300_363661-competition-commission-of-india-1200.jpg "Abuse On Account Of Collective Dominance Not Recognized By Indian Competition Regime: CCI Dismisses Allegation Of Cartelization By Telugu Film Producers [Read Order]")
Abuse On Account Of Collective Dominance Not Recognized By Indian Competition Regime: CCI Dismisses Allegation Of Cartelization By Telugu Film Producers [Read Order]28 Aug 2019 4:37 AM GMT
The competition commission of India has dismissed a complaint filed by Ashok Kumar Vallabhaneni, a Telugu Film & T.V. serial producer and distributor of dubbed Telugu movies against various...
Insolvency Proceedings Against Jet Airways in India And Netherlands- NCLAT to Decide The Legality of Dual Proceedings27 Aug 2019 5:22 AM GMT
What should the domestic company law tribunals do when a foreign court has already triggered insolvency proceedings against an Indian entity – this question has popped up before the NCLAT in the...
CCI Directs DG To Probe If Intel Abused Its Dominant Position And Denied Market Access27 Aug 2019 4:29 AM GMT
The Competition Commission of India has directed the Director General (DG) to probe into allegations of abuse of dominant position by Intel Corporation and its Indian subsidiary Intel Technology...
NCLT Cautions RPs To Look Out For Excess Claims Made By Financial Creditors Against Corporate Debtor26 Aug 2019 3:24 AM GMT
The NCLT Principal Bench at New Delhi, while admitting an insolvency plea, has cautioned RP's to carefully settle the claims made by financial creditors, banks and financial institutions, in...
