Supreme Court slams NCLAT for closing Byju's insolvency case after settlement with BCCI

Sep 26, 2024, at 06:27 am

New Delhi: The Supreme Court on Wednesday raised concerns over the National Company Law Appellate Tribunal’s (NCLAT) decision to close insolvency proceedings against ed-tech giant Byju’s following its approval of a Rs 158.9 crore settlement with the Board of Control for Cricket in India (BCCI), according to a media report.

Byju's removed from insolvency resolution process as NCLAT approves settlement between Byju Raveendran and BCCI

Aug 03, 2024, at 04:27 am

Bengaluru: The National Company Law Appellate Tribunal (NCLAT) approved the settlement reached between Byju Raveendran and the Board of Control for Cricket in India (BCCI), exempting Byju's parent company, Think and Learn, from the insolvency resolution process.

Byju's reaches settlement with BCCI, Riju Raveendran to pay the dues: Report

Jul 31, 2024, at 09:54 pm

Bengaluru: Byju's founder, Byju Raveendran, and the Board of Control for Cricket in India (BCCI) have settled their dispute over outstanding payments, media reports said.

BCCI in settlement talks with Byju Raveendran over outstanding payments

Jul 30, 2024, at 11:02 pm

Bengaluru: The Board of Control for Cricket in India (BCCI) informed the National Company Law Appellate Tribunal (NCLAT) on Tuesday that it is engaged in preliminary settlement discussions with Byju Raveendran to resolve a dispute with Think and Learn Private Limited, a Moneycontrol report said.

ZEEL settles dispute with IndusInd Bank making way for Zee-Sony merger

Mar 30, 2023, at 03:47 am

Mumbai: The merger of ZEEL and Sony has moved a step forward as Zee Entertainment has settled the dispute over the dues with private sector lender IndusInd Bank, media reports said.

Android case: SC refuses to modify NCLAT's order upholding CCI's penalty on Google

Feb 11, 2023, at 03:43 am

New Delhi: The Supreme Court on Friday rejected Google’s plea to modify its January 19 order in a case of unfair and anti-competitive practices related to Android devices, media reports said.

Playstore policy: NCLAT rejects Google's plea to stay CCI order to pay Rs 936.44 cr, directs to deposit 10 pc of penalty first

Jan 12, 2023, at 05:23 am

New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Wednesday rejected Google’s appeal to stay the second Competition Commission of India (CCI) order slapping a penalty of Rs 936.44 crore on the US-based tech giant company for abusing its dominant position through its Playstore policies, media reports said.

ZEE Entertainment shareholders approve merger with Sony Pictures Networks

Oct 15, 2022, at 05:32 am

New Delhi: ZEE Entertainment Enterprises Ltd (ZEEL) on Friday said that its shareholders have given the green signal to the proposed merger of ZEEL and Bangla Entertainment Pvt Ltd with and into Culver Max Entertainment Pvt Ltd (formerly Sony Pictures Networks India).

Amazon vs Future: SC to hear Amazon's plea on Oct 11

Sep 20, 2022, at 01:04 am

New Delhi: Supreme Court will hear the Amazon.com NV Investment Holding LLC (Amazon) plea challenging the June 13 NCLAT order, which upheld the anti-trust body CCI's ruling, on October 11.

IL&FS group to clear Rs 55,000 cr debt by March

Feb 14, 2022, at 06:47 am

IL&FS group would clear debt of Rs 55,000 crore by March 2022, the board of the cash-strapped company has stated in its affidavit filed before the National Company Law Appellate Tribunal (NCLAT).

Bombay High Court's division bench set Nov 29 for next hearing after Invesco challenges Oct 26 ruling

Oct 29, 2021, at 10:20 pm

Mumbai/IBNS: A division bench of Bombay High Court has delayed the next hearing in Zee Entertainment’s dispute against Invesco till November 29 on the issue of calling an Extraordinary General Meeting, according to media reports.

Invesco's demand for EGM illegal; board unable to approve : ZEE tells Bombay HC

Oct 23, 2021, at 05:56 am

Mumbai/IBNS: Zee Entertainment has said its board cannot give permission to hold an Extraordinary General Meeting (EGM), a day after Bombay High Court directed the company to fold the meeting as demanded by Invesco.

Bombay HC orders ZEE to call EGM as demanded by Invesco

Oct 22, 2021, at 06:47 am

Mumbai/IBNS: The Bombay High Court on Thursday ordered Zee Entertainment Enterprises Ltd to convene an extraordinary general meeting (EGM) as requisitioned by shareholders Invesco Developing Market Funds and OFI Global China Fund.

RBI moves NCLT to start insolvency proceedings against SREI group firms

Oct 08, 2021, at 09:09 pm

Kolkata/IBNS: The Reserve Bank of India (RBI) has petitioned the National Company Law Tribunal (NCLT) to start insolvency proceedings against SREI group firms, media reports said quoting sources.

Zee should be given 'reasonable' opportunity to reply to Invesco's plea: NCLAT tells NCLT

Oct 08, 2021, at 06:26 am

Mumbai/IBNS: Zee Entertainment Enterprises Ltd (ZEEL) should be given "reasonable and sufficient opportunity" to reply to Invesco's plea seeking convening a meeting of the company's shareholders, the National Company Law Appellate Tribunal on Thursday told the NCLT, media reports said.

NCLAT reinstates Cyrus Mistry as the executive chairman of Tata Sons

Dec 18, 2019, at 05:10 pm

New Delhi/IBNS: The National Company Appellate Tribunal(NCLAT) in an order on Wednesday reinstated Cyrus Mistry as the executive chairman of the Tata Sons and declared the appointment of N Chandrasekaran in his place illegal.