Page 10 - Nclat

SC stays NCLAT order restoring Cyrus Mistry as Tata Sons' chairman

A bench of Chief Justice S A Bobde and Justices B R Gavai and Surya Kant agreed to hear Tata Sons' plea challenging the National Company Law Appellate Tribunal (NCLAT) decision

MCA vs NCLAT: Truce or war?

The National Company Law Appellate Tribunal's latest judgment on the RoC application in the Tata-Mistry case has made the fight interesting on many counts

Tata vs Mistry case: Firm petitions against order on 'winding up'

According to a copy of the draft appeal submitted by the holding company in the apex court, there are "no cogent reasons" assigned for the conclusions arrived at in the "Impugned Judgment."

Now, TCS moves SC against NCLAT order reinstating Mistry as director

In a major development, the NCLAT had restored Mistry as executive chairman of Tata Sons and ruled that appointment of N Chandrasekaran as the head was illega

Disqualified parties barred from liquidation process, says IBBI

Such persons will also not be eligible to enter into any settlement or arrangement with the creditors of the insolvent company under Section 230 of the Companies Act, the IBBI has clarified

SC to hear Tata Sons' plea challenging NCLAT decision on Mistry on Friday

The apex court website on Tuesday showed the plea to be listed before a three-judge bench comprising Chief Justice S A Bobde and Justices B R Gavai and Surya Kant

TCS board won't meet on January 9; Q3 results likely after SC hearing

SC will hear the petition filed by Tata Sons on January 10

NCLAT upholds its judgment in Tata-Mistry case, dismisses RoC plea

In its order dated December 18, the NCLAT had said Tata Sons had hurriedly changed its status to private company from public 'with the help of the Registrar of Companies'

Tata Sons doesn't mention plea in SC against NCLAT decision on Cyrus Mistry

A lawyer associated with the matter had said earlier that the appeal against the NCALT decision would be mentioned for early listing on reopening of the apex court after the winter break

Top headlines: NCLAT setback for Tatas, services PMI expands, and more

From NCLAT setback for Tatas to expansion of services PM, read all the top headlines here

Here's why Insolvency and Bankruptcy Code is a policy masterstroke

From 161 resolved cases, the realisable amount stands at over Rs 1.6 trn

Top headlines: US attack on Soleimani to hit India, Tata moves SC, and more

Ratan Tata has also filed a petition in the Supreme Court appealing it to set aside the NCLAT order which restored former Tata group chairman, Cyrus Mistry as Executive Chairman

Top 10 biz headlines: Auto sector in low gear, FM on economy booster & more

From FM Sitharaman announcing that talks are on with PMO to revive the slowing economy to slowdown in the auto industry, here are the top business headlines for Saturday

Tata Sons case: NCLAT ready to expunge remarks against RoC; seeks details

NCLAT adjourned the hearing till tomorrow and has sought clarification from RoC on what constitutes a private company

Cyrus Mistry actions hurt Tata group interests, Tata Sons tells SC

In restoring Cyrus Mistry, NCLAT failed to consider the implications of the order, Tata Sons said in their appeal

Cyrus Mistry case: Tata Trusts nominees did not exceed their brief, SC told

The Tata Trusts holds 66 per cent stake in Tata Sons - the holding company of Tata Group companies - and Ratan Tata is the chairman of the Trusts

NCLAT adjourns RoC plea on Tata Sons-Cyrus Mistry case till January 3

The hearing of Registrar of Companies' plea, seeking modifications in National Company Law Appellate Tribunal's (NCLAT) judgement in which Cyrus Mistry was reinstated as the executive chairman of Tata Sons, has been adjourned till Friday. A two-member bench headed by Chairman Justice S J Mukhopadhaya asked the Ministry of Corporate Affairs to submit details of the definition of private and public companies under the rules of the Companies Act. The bench has also asked for clarification on the paid up capital requirement for the same. Meanwhile, the counsel appearing for Tata Sons informed the appellate tribunal that the company has moved the Supreme Court against its order passed on December 18. However, the petition is yet to be listed, the counsel added. In its plea, the Registrar of Companies (RoC), which functions under the Ministry of Corporate Affairs, has also sought to be impleaded as a party in the two petitions and deletion of the words "illegal" and "with the help of th

Setback for the Tatas

NCLAT judgment raises several questions

NCLAT expunges NCLT order on Mistry, terms it 'disparaging, avoidable'

The NCLT had used words in remarks which includes "heart burn", "settle their score", "prejudicial to the interest of the company", "sovereign authority", "his way is highway" etc in its order.

Cyrus Mistry unlikely to take up a board position, may appoint nominees

Mistry and his team are reviewing the legal situation