Monday, August 8, 2022
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National Company Law Appellate Tribunal

NCLAT asks IL&FS to consider claims of ITCPL’s operational creditors, file a supplementary plan

NCLAT asked the IL&FS board to consider a supplementary resolution plan for its subsidiary ITCPL, dealing with the claims of its operational creditors...

NCLAT directs distribution of Rs 16,361 cr to IL&FS creditors on pro-rata basis

NCLAT has directed the new board of the debt-ridden IL&FS Group to distribute Rs 16,361 crore of cash and InvIT units available across...

Non-payment of TDS not a ground for initiation of insolvency process: NCLAT

NCLAT has held that dues on account of non-payment of TDS can’t be a ground to initiate insolvency proceedings against any company

ACC appoints Vinod Pal (IRSME) as Financial Advisor in NCLAT

Vinod Pal (IRSME) has been appointed as Financial Advisor in the National Company Law Appellate Tribunal (NCLAT)

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