national company law appellate tribunal

SC orders Jet’s new owners to deposit Rs 150 crore

by
SC orders Jet’s new owners to deposit Rs 150 crore

NEW DELHI: Supreme Court on Thursday ordered the Jalan-Kalrock consortium, whose Rs 4,783 crore financial package for revival of bankrupt Jet Airways has been approved, to deposit Rs 150 crore by Jan 31 to keep the resolution plan afloat, despite the lenders in SBI-led banking consortium accusing the foreign entity of lacking in intent to … Read more

Third-Party Billing: Google’s appeal against Rs 936 crore fine delayed: All details

by
Third-Party Billing: Google’s appeal against Rs 936 crore fine delayed: All details

In October last year, the CCI imposed a Rs 936 crore fine on Google for abusing its dominance in the in-app payment system and asked the company to allow the use of third-party billing. In this case, the National Company Law Appellate Tribunal (NCLAT) was to hear the matter on November 28 but it has … Read more