Cellular operators on Monday moved Telecom Dispute Settlement and Appellate Tribunal against limited mobility operators accusing them of violating licence conditions and judicial orders of the tribunal.
Future Retail, once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidation as its lenders could not get any reasonable buyer of the debt-ridden firm. As the Committee of Creditors (CoC) rejected the sole resolution plan submitted by Space Mantra after four extensions in the deadline to complete the corporate insolvency resolution process (CIRP), the RP of the company has now approached NCLT to initiate liquidation of Future Retail (FRL). "The resolution plan submitted by Space Mantra Private has not been approved by CoC of FRL, kindly note that, the Resolution Professional (RP) has filed an application, before the National Company Law Tribunal, Mumbai Bench, for initiation of liquidation of FRL," said a regulatory filing from FRL.
Justice Geeta Mittal, a Delhi High Court judge who is heading the tribunal, said the government cannot extend the ban on the basis of earlier records against the organisation. "What precluded the government from stating the facts? You have to satisfy the tribunal about the sufficiency of the reason behind issuing a fresh notification (on the ban)," Justice Mittal said.
This will be the second tribunal on sharing of the Krishna waters; the earlier one was set up in 1969.
Sebi, in its first-of-its-kind disgorgement order passed at the end of November last year, had asked the two depositories and 10 entities to pay Rs 115.81 crore (Rs 1.15 billion).
As soon as the matter came up for hearing, the judges said they wanted to be recused from the case as they belong to the contesting states.
Pakistan's suspended trio of Salman Butt, Mohammad Asif and Muhammad Amir on Friday recording their statements to the anti-corruption tribunal of the International Cricket Council in Doha.
The chairman of a special Bangladeshi tribunal trying high-profile 1971 "war criminals" resigned on Tuesday following a controversy over his reported Skype conversation with an expatriate war crimes expert.
Trai contends that the issue does not come under the tribunal's jurisdiction.
Google, in its latest appeal to the Supreme Court, has said the Competition Commission of India (CCI) is protecting Amazon's interests after having complained that India's anti-competition body (CCI) had copied part of a European Commission ruling against it for allegedly abusing the market dominance of Android. The latest twist to the Google-CCI case comes as Google filed an appeal in the Supreme Court on June 26, against the National Company Law Appellate Tribunal's (NCLAT's) March 29 order. The tech giant's contention is that the NCLAT failed to apply the "effect analysis" part in the CCI order.
The Supreme Court on Thursday set aside the Bombay high court verdict cancelling the caste certificate of Amravati MP and BJP leader Navneet Kaur Rana.
Kolkata Knight Riders pacer Pradeep Sangwan was slapped with an 18-month ban from cricket after being found guilty of consuming a banned anabolic steroid by the BCCI's Anti-Doping Tribunal.
The speaker's order was pre-decided, it further claimed, adding that there was nothing to be shocked about it.
The tribunal called team coach Bob Woolmer, trainer Murray Stevenson and physiotherapist Darren Lifsun to record statements on November 1, after which it will finalise its findings.
Marlon Samuels was found guilty of breaching the Emirates Cricket Board (ECB) Anti-Corruption Code while playing in the Abu Dhabi T10 league in 2019.
Amid disputes between states over water-sharing, Karnataka on Friday demanded setting up of a permanent water dispute tribunal in the Supreme Court and revisiting the Inter State Water Disputes Act to remove "loose ends" in the legislation.
The delay in deciding the disqualification petitions against Chief Minister Eknath Shinde and Shiv Sena MLAs loyal to him Friday came under strict scrutiny by the Supreme Court which came down hard on the Maharashtra assembly speaker, saying the proceedings cannot be a 'charade' and he cannot defeat its orders.
Zee Entertainment Enterprises Ltd on Wednesday said Culver Max Entertainment, formerly known as Sony Pictures Networks India, has agreed to discuss extending the date required to make their merger scheme effective, a day ahead of the deadline. A day after Sony Pictures Networks India (SPNI) stated that it has not yet agreed to a deadline extension requested by Zee Entertainment Enterprises Ltd (ZEEL) for their proposed $10-billion merger, the Subhash Chandra family-promoted media firm said it has received a communication from Sony group for discussing an extension of the deal which was announced almost two years ago.
Go First CEO Kaushik Khona on Wednesday described the NCLT's decision to admit the airline's plea for voluntary insolvency resolution proceedings as a "landmark judgement" that is very timely and effective for its revival. The National Company Law Tribunal (NCLT) has appointed Abhliash Lal as interim resolution professional (IRP) to run the debt-ridden company. Besides, the tribunal has imposed a moratorium on the company and has suspended its board of directors.
The presence of an engine maintenance, repair, and overhaul (MRO) facility in India could have prevented Go First airline from going "belly up", as sending engines abroad for servicing is not an efficient way to operate a carrier, Piyush Srivastava, senior economic advisor, Ministry of Civil Aviation, said in a statement on Tuesday. On May 3, Go First suspended its flights and filed for insolvency, squarely blaming engine manufacturer Pratt & Whitney (PW) for its cash crunch. The airline claimed that about half of its 54 aircraft were grounded on May 3 due to a delay in the supply of engines by the US-based company. PW has denied the charges.
Ticking off the Centre for 'flouting the law' for the last five years, the Supreme Court On Monday set a February 20 deadline to notify Cauvery Water Disputes Tribunal award, saying it has no discretion or choice but to do so.
Broadcast tribunal TDSAT on Monday came down heavily on Zee-Turner for not providing its channels to Tata Sky, a direct-to-home service provider and ordered that the channels should be made available by this evening.
Two days after the termination of the merger agreement by Sony Group, Zee Entertainment on Wednesday hit back by filing a petition before the National Company Law Tribunal (NCLT), seeking a direction to implement the merger scheme. Besides, it has also initiated appropriate legal actions to contest the claims of $90 million (Rs 748.5 crore) filed by Sony Group before the Singapore International Arbitration Centre (SIAC), according to a regulatory update by Zee Entertainment Enterprise Ltd (ZEEL).
In separate petitions filed at the Telecom Disputes Settlement and Appellate Tribunal, ESPN Software India, MSM Discovery, Zee Turner and Star Den Media Services said the tariff suggested by the sectoral regulator was not commercially viable.
The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders of Reliance Capital seeking another round of auction for the debt-ridden firm undergoing insolvency process. A two-member bench set aside an order passed by NCLT and said the Committee of Creditors (CoC) has the power to negotiate and call for a higher bid. The appellate tribunal permitted the CoC to continue with the challenge mechanism and invite bids after two weeks.
Colonel Kohli, commanding officer of an artillery regiment in Assam, had taken photographs of civilians splashed with tomato ketchup posing as corpses and gave them to his seniors to stake claim for gallantry award. The incident took place at Bada Nagadun near Silchar in Assam in 2003 and Kohli was dismissed from the Army in November 2004 after a court martial found him guilty.
DLF chairman K P Singh, his son and vice-chairman Rajiv Singh, younger daughter and whole-time director at DLF Pia Singh, company directors T C Goyal and Ramesh Sanka had earlier moved the tribunal challenging the October 10 Sebi ban on them.
The government is planning to draft rules for the National Company Law Tribunal (NCLT) to deal with Insolvency and Bankruptcy (IBC) cases, according to official sources. The Ministry of Corporate Affairs (MCA) is also looking to fill all vacant posts at various NCLT Benches by August and put in place an IT-enabled system that would use artificial intelligence (AI) for case management. The NCLT, adjudicating authority for matters related to company affairs, was constituted before the IBC came into effect.
The Appellate Tribunal for Foreign Exchange has upheld the penalties imposed on 10 MNCs, including Ericsson, Nokia and Sony by the Special Director of Enforcement for violating foreign exchange regulations.
The government is expected to set up the National Green Tribunal, the first judicial body to deal exclusively with environmental laws, over the next two months or so.
Manchester United have lost 11 of their 27 league matches this campaign, two more than all of last season. The two previous seasons with 12 league losses (2013-14 and 2021-22) led to managerial changes.
Byju's founder Byju Raveendran on Saturday said the edtech company will not be able to pay salaries to employees as the recent funds raised through a rights issue are inaccessible due to a legal dispute with certain investors. In a letter to staff, Raveendran said the rights issue, launched a month ago, has been successfully closed. "This was supposed to be a happy correspondence.
Former Air India Executive Director Jitendra Bhargava had filed the appeal questioning the decision of CCI to approve the Jet-Etihad deal without carrying out a detailed assessment.
The private companies want a level playing field so that they can compete with the government companies in fuel retailing.
From banks and credit card firms to mobile operators, everyone is using the power of SMS to reach out to potential customers and now, even Telecom Disputes Settlement And Appellate Tribunal has jumped the SMS bandwagon.
Twenty-eight years after a man applied for a job in the postal department, the Supreme Court has ordered his appointment noting that there was an error in holding him ineligible for the post.
The party has contested the reassessment proceedings, claiming they were barred by limitation.
The South African, 32, approached the France-based court in February, 2021 after losing appeals to CAS, sport's highest court, and another plea to the Swiss Federal Tribunal (SFT) in a long-running legal battle against the regulations.
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