NCLT Allows Withdrawal of Plea in SpiceJet Insolvency Case
The National Company Law Tribunal (NCLT) has permitted a lessor to withdraw its plea in the SpiceJet insolvency case, while also imposing a fine on both Aviator ML and SpiceJet.
13 stories found
The National Company Law Tribunal (NCLT) has permitted a lessor to withdraw its plea in the SpiceJet insolvency case, while also imposing a fine on both Aviator ML and SpiceJet.
India's Supreme Court has issued a warning against the unchecked use of artificial intelligence in courts, emphasizing the catastrophic potential after the National Company Law Tribunal (NCLT) cited fake cases generated by AI.
The Delhi High Court has ruled that a plea challenging the appointment of the NCLT acting president has become infructuous.

India's National Company Law Tribunal (NCLT) has permitted the withdrawal of insolvency proceedings against ATS Heights Private Limited, which were initially admitted on April 22, 2024, and are related to ATS Knightsbridge.

Adani's resolution plan for Jaiprakash Associates has received approval from the National Company Law Tribunal (NCLT), marking a significant development in the corporate restructuring.
A parliamentary panel has proposed reducing the minimum age for company directors to eighteen years, while also supporting an increase in the maximum age to seventy-five years and recommending special NCLT benches for insolvency matters.

Justice Anupinder Grewal has been named the new president of the National Company Law Tribunal (NCLT), an appointment noted for breaking conventional practices.

India's Supreme Court has highlighted the 'grim' state and poor functioning of the National Company Law Tribunals (NCLT), citing staff shortages, inadequate infrastructure, and reliance on contractual employees, stating that a 'war footing' approach is needed.

Vedanta has challenged the National Company Law Tribunal's (NCLT) approval of Adani's bid to acquire Jaiprakash Associates.
The Supreme Court of India has nullified orders from NCLT and NCLAT, citing their reliance on fabricated AI-generated case laws and cautioning against unchecked AI use in justice delivery.
The Supreme Court of India has taken suo motu cognizance of the delays in the approval of resolution plans by the National Company Law Tribunal (NCLT).

The High Court in India has issued a notice in response to a petition challenging the appointment of a judicial member as the acting president in the National Company Law Tribunal (NCLT).