Monday, 27 June, 2022

Topic: NCLAT

Antrix-Devas case: What was the dispute & why SC upheld NCLAT order to wind up Devas for fraud

Bench upheld tribunal’s finding that Devas was incorporated with ‘fraudulent motive to collude and connive’ with some officials of ISRO’s commercial arm Antrix for wrongful gain.

Delhi Gymkhana fights to stay exclusive as new admin’s makeover brings Ramayana play, NE fest

Members allege govt-appointed administrator of Delhi Gymkhana Club, Om Pathak, is flouting rules. Pathak claims complaints are a result of 'unchecked power' coming to an end.

Former SC judge Justice Ashok Bhushan takes charge as NCLAT chief for 4 years

NCLAT has got a permanent head after a gap of almost 20 months following the retirement of its first Chairperson Justice SJ Mukhopadhaya.

Centre concedes in SC, Justice Cheema to continue as NCLAT chairperson till 20 September

Justice M Venugopal who was to take charge as the tribunal's acting head on 11 September has been sent on leave, keeping in mind the 'peculiar' case, a three-judge bench said.

Delhi Gymkhana board moves SC, says govt shouldn’t be concerned with affairs of private clubs

Delhi Gymkhana's appeal says clubs have absolute freedom to govern themselves in accordance with their charters & courts have limited scope of judicial review in the matter of clubs' functioning

More wine & cigarettes, less sport — why Delhi Gymkhana Club was ‘taken over’ by govt

NCLT dissolved Delhi Gymkhana Club’s general committee last year on various allegations made by govt. NCLAT has upheld that verdict, and govt has appointed an administrator.

Failure party, bad reputation — what NCLAT ex-chief said about firm whose parent he now advises

During his tenure as the NCLAT chief, Justice Mukhopadhaya presided over several cases in which the Liberty House group was a bidder for insolvent companies.

Delhi Gymkhana moves NCLAT, says clubs have absolute freedom to govern themselves

At NCLAT, Delhi Gymkhana Club challenges 26 June order passed by NCLT, which had directed the government to appoint two members on the club's general committee.

‘Disgruntled’ members trying to destabilise us: Delhi Gymkhana club on govt plea to take over

The club sought the dismissal of the Ministry of Corporate Affairs’ plea to take over the club before the National Company Law Tribunal, which reserved its order.

Cyrus Mistry announces he won’t return as Tata Sons chairman despite NCLAT order

Mistry has issued a statement ahead of a Supreme Court hearing on a plea to overturn the order given by the National Company Law Appellate Tribunal.

On Camera


Free power & no new taxes in AAP govt’s Punjab Budget, but fiscal consolidation roadmap missing

Finance Minister Harpal Singh Cheema emphasised improving ‘fiscal health’ and augmenting tax revenues in AAP govt's maiden Budget Monday, but outstanding debt expected to rise by 8.4%.


The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.