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SC agrees to examine IDBI Trusteeship s plea against NCLAT refusal to initiate insolvency against Zee promoters

Supreme Court Seeks Report From NALSAR Centre For Disability Studies On Making Public Spaces Accessible To Disabled Persons

In a Public Interest Litigation (PIL) seeking to make public buildings accessible for the disabled, the Supreme Court directed the Centre for Disability Studies, NALSAR University of Law to make a.

sterling biotech: NCLAT dismisses PNB s plea against sale of Sterling Biotech to US-based Perfect Day

The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea from a UK-based subsidiary of Punjab National Bank against the approval of the sale of Sterling Biotech to US-based food technology startup Perfect Day. The Mumbai bench of the NCLT approved a Rs 638 crore bid of Perfect Day in an auction conducted by the liquidator of Sterling Biotech under the Insolvency & Bankruptcy Code.

SC Slaps Rs1 Crore Penalty on Deepak Chhabria, Ex-CMD of Finolex Cables, Closes Contempt Case against NCLAT Members after Receiving Unconditional Apology

After accepting unconditional apologies from two members of the national company law appellate tribunal (NCLAT) in the Finolex Cables Ltd matter, the Supreme Court closed the contempt case. However, it imposed penalties of Rs1 crore on Deepak Chhabria, former chairman and managing director (CMD) of the company and Rs10 lakh on VM Birajdar, the scrutiniser.

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