NCLAT sets aside plea filed against NCLT order approving sale of Reliance Broadcast Network, ET LegalWorld
The NCLAT on Monday set aside a batch of appeals filed against the NCLT order approving bids of Sapphire Media for Reliance Broadcast Network Ltd. The National Company Law Appellate Tribunal (NCLAT) upheld the order of the Mumbai Bench of the NCLT, which had on May 6, 2024 approved the resolution plan of Sapphire Media […]
NCLAT sets aside EIH plea against NCLT order approving sale of Golden Jubilee Hotels, ET LegalWorld
The National Company Law Appellate Tribunal (NCLAT) has set aside hospitality major EIH Ltd’s petition against an NCLT order approving the sale of Hyderabad-based Golden Jubilee Hotels. The appellate tribunal upheld the earlier decision of the National Company Law Tribunal (NCLT), allowing the bid of a Singapore-based entity and said the business decision by the […]
CCI publishes detailed order approving merger of RIL, Walt Disney’s media assets, ET LegalWorld
The Competition Commission of India (CCI) on Tuesday published the 48-page detailed order approving the mega media assets merger of Reliance Industries and Walt Disney, entailing various conditions, including divestment of seven TV channels. As part of seeking the regulator’s approval, the parties have voluntarily agreed that they will not bundle TV ad slots for […]
Public Law 118 – 1 – Joint resolution disapproving the action of the District of Columbia Council in approving the Revised Criminal Code Act of 2022.
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SC questions NCLAT verdict approving settlement of BCCI claim of Rs 158.9 cr by Byju’s, ET LegalWorld
The Supreme Court on Wednesday questioned the verdict of insolvency appellate tribunal NCLAT setting aside the insolvency proceedings against ed-tech major Byju’s and approving its Rs 158.9 crore dues settlement with the BCCI. Observing that the National Company Law Appellate Tribunal (NCLAT) did not apply its mind while closing the insolvency proceedings against the ed-tech […]