NCLAT News

PepsiCo India Wins Legal Battle as NCLAT Rejects Insolvency Plea Over Disputed Interest Claims

The NCLAT dismissed an insolvency petition against PepsiCo India, ruling that the IBC cannot be used for debt recovery over disputed interest claims, upholding the NCLT's earlier d...

NCLAT Stands Firm: Rejects BCCI and Riju Raveendran's Settlement Plea in Byju's Insolvency Saga

NCLAT dismisses BCCI and Riju Raveendran's appeals to settle Byju's insolvency, upholding the need for creditor approval under IBC section 12A. The decision highlights procedural r...

NCLAT Grants Banks Permission to Take Action Against Former IL&FS Directors Amid Financial Controversy

NCLAT allows Canara Bank and Indian Bank to pursue actions against former IL&FS directors not in the new board, while protecting current members. The decision marks a pivotal momen...

NCLAT Dismisses Petitions Challenging ICICI Securities Delisting Process

The National Company Law Appellate Tribunal dismissed petitions against ICICI Securities' delisting, citing no illegality and strong shareholder support. Petitioners with minimal s...