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Legal Era

From Legal Era
National Company Law Appellate Tribunal Allows Dutch Court Administrator To Attend Jet Creditors’ Meetings
[ By Bobby Anthony ]The National Company Law Appellate Tribunal (NCLAT) has allowed the Dutch court administrator of Jet Airways to attend meetings of the bankrupt airline's Committee of Creditors...
Mehul Choksi Is A Crook Whose Deportation To India Is Only A Matter Of Time, Says Antigua & Barbuda Prime Minister
[ By Bobby Anthony ]The Prime Minister of Antigua and Barbuda Gaston Browne has stated that Punjab National Bank (PNB) fraud accused Mehul Choksi is a “crook” who will be deported to Indian after he...
SEBI Makes It Mandatory For Companies To Provide Details About Delayed Loan Repayments To Credit Rating Agencies
[ By Bobby Anthony ]The Securities & Exchange Board of India (SEBI) has made it mandatory for companies to provide details about delayed loan repayments and possible defaults to credit rating...
Supreme Court Sets Aside Insolvency Proceedings Against Jignesh Shah Owned La-Fin Citing Law Of Limitation Norms
[ By Bobby Anthony ]The Supreme Court has set aside an order passed by the National Company Law Appellate Tribunal (NCLAT) order citing provisions of the Limitation Act.Earlier, the NCLAT had had...
National Company Law Tribunal Directs Creditors Of Jet Airways' To Release Interim Funding To Maintain Aircraft
[ By Bobby Anthony ]The Mumbai bench of the National Company Law Tribunal (NCLT) has directed the Committee of Creditors (CoC) of Jet Airways (India) Ltd to disburse interim funding.The proceeds will...
SEBI Announces Norms For Startup Companies Listed on IGP To Trade On Main Board Of Stock Exchanges After An Year
[ By Bobby Anthony ]The Securities & Exchange Board of India (SEBI) has issued a notification that startup companies listed on the Innovators Growth Platform (IGP) of stock exchanges to shift to...
Link Legal Helps HT Media Invest In Pebble
Media group Hindustan Media Ventures Limited (HMVL) has invested Rs. 4 crore in content venture Aleph Digital Solutions Private Limited. Salt Partners and the Punjab Kesari Group, publishers of Punjab...
Link Legal Advises Endiya Partners In Their Investment In Cellprop
Cellprop Private Limited has raised fund in its seed funding round which was led by Endiya Partners and participated by Sangam Ventures, CIIE (IIM-A investment arm) and certain angel investors.Endiya...
MCA Bars NCLT Members From Being Posted To Locations Where They Have Worked As CAs, Company Secretaries
[ By Bobby Anthony ]The Ministry of Corporate Affairs (MCA) has notified rules restricting members of the National Company Law Tribunal (NCLT), from being posted to locations where they have worked as...
The trigger of limitation is when a company is unable to pay its debts: SC
The Apex Court quashed the contention that the cause of action for the purposes of limitation would include the commercial insolvency or the loss of substratum of the company. It held that the trigger...
Madhya Pradesh HC Issues Notice To Netflix And Amazon After PIL Seeks Censorship Of Online Streaming Services
[ By Bobby Anthony ]The Madhya Pradesh High Court has issued notice to online video streaming platforms like Netflix and Amazon in response to a public interest litigation (PIL).The PIL has sought...
Resolution Process Of Amtek Auto Set To Start All Over Again After Supreme Court Allows Fresh Bids To Be Invited
[ By Bobby Anthony ]The resolution process for Amtek Auto will be started all over again with Supreme Court allowing the resolution profession (RP) and committee of creditors (CoC) to invite fresh...











