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Legal Era

From Legal Era
NCLAT asks CCI to probe Flipkart over unfair practices
[ by Kavita Krishnan ]The National Company Law Appellate Tribunal (NCLAT) on Wednesday asked the Competition Commission of India (CCI) to initiate a probe against e-commerce major Flipkart for alleged...
Court dismisses Kochhar’s plea against her sacking as ICICI chief
[ by Kavita Krishnan ]In a major setback to former chief of ICICI Bank, the Bombay High Court has dismissed Chanda Kochhar’s plea challenging her termination as the bank’s Managing Director and CEO on...
S&R Associates represented NYLIM Jacob Ballas Fund III in the sale of equity shares in Religare Finvest Limited to Religare Enterprises
S&R Associates represented NYLIM Jacob Ballas Fund III, Mauritius on the sale of its equity shares in Religare Finvest Limited ("RFL"), a leading SME financing-focused NBFC, to Religare...
NCLAT Dismisses Deloitte, KPMG Pleas In IL&FS Case
[ By Bobby Anthony ]The National Company Law Appellate Tribunal (NCLAT) has dismissed pleas of debt-ridden IL&FS auditors, Deloitte Haskins & Sells as well as KPMG arm BSR & Associates.The pleas by...
NCLT Orders Nirav Modi’s Scam Hit Firm To Be Liquidated
[ By Bobby Anthony ]The National Company Law Tribunal (NCLT), Mumbai, has ordered the liquidation of absconding diamantaire Nirav Modis group company, Firestar Diamond International Pvt Ltd...
SC Sets Aside NCLAT Order Against Orchid Resolution Plan
[ By Bobby Anthony ]The Supreme Court of India has set aside a National Company Law Appellate Tribunal's (NCLAT) order which had rejected a resolution plan proposed by Gurgaon-based Dhanuka...
SC Tells Devas To Consider Waiving Off Antrix’s Interest
[ By Bobby Anthony ]The Supreme Court has asked Devas Multimedia to let it know if it is willing to waive off the interest amount on the arbitral award of USD 672 million (Rs 4,432 crore), won at an...
SC Tells Center To Clarify About CBI Closure Report On HZL
[ By Bobby Anthony ]The Supreme Court has given time to the central government until March 6, 2020, to issue a statement about handing over a copy of a Central Bureau of India (CBI) closure report on...
Supreme Court Lifts RBI Ban On Cryptocurrency Trading
[ By Bobby Anthony ]The Supreme Court of India has quashed an earlier Reserve Bank Of India (RBI) circular which had banned trading in virtual currencies or cryptocurrencies like Bitcoin and allowed...
UNHCHR files intervention application in Supreme Court of India against CAA
[ by Kavita Krishnan ]In a twist of events, United Nations body the UN High Commissioner for Human Rights (UNHCHR) sought to intervene as Amicus Curiae to assist the Supreme Court of India in...
Stay Sought On Sale Of UK Assets Of Cox & Kings
[ By Bobby Anthony ]Cox & Kings (India) Ltd’s resolution professional has moved the National Company Law Tribunal (NCLT) seeking a stay on the sale of its UK based assets by two of its...
NCLT Approves NBCC’s Bid To Acquire Jaypee Infratech
[ By Bobby Anthony ]The National Company Law Tribunal has approved NBCC (India) Ltd’s bid to acquire Jaypee Infratech Ltd, essentially paving the way for the completion of apartments meant for more...












