Udaan set for IPO as NCLT clears demerger plan

Udaan, India’s largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan,......

Two more insolvency pleas against SpiceJet

Two more insolvency petitions were filed by Sabarmati Aviation and JetAir 17 against budget carrier Spicejet at the National Company Law Tribunal (NCLT) on Monday. Photograph: Punit......

Tribunal rejects tax claim against RCom

The NCLAT has set aside a petition filed by the state tax department claiming dues from Reliance Communications (RCom) observing that it was based on the assessment made after the initiation......

NCLAT admits Meta, Whatsapp pleas against CCI's Rs 213.14-cr penalty

Appellate tribunal NCLAT on Thursday admitted the petitions filed by Meta Platforms and Whatsapp against an order passed by fair trade regulator CCI which imposed a penalty of Rs 213.14 crore for......

NCLT notice questions Byju's grade over BCCI petition

IMAGE: BCCI's counsel informed NCLT that a general notice was issued to Byju's through an e-mail dated January 6, 2023, with a default amount of Rs 158 crore, excluding TDS. Photograph: BCCI/X......