CCI penalized Meta in November 2024 for alleged unfair business activities related to WhatsApp’s amended privacy policy from 2021. Users had to agree to data-sharing conditions with Meta entities in order to receive the update.
NCLAT upheld the approval of the Resolution Plan for Jason Dekor, dismissing procedural violations and emphasizing the CoC’s commercial wisdom.
NCLAT upholds CIRP initiation against Amit Yogesh Satwara’s firm due to financial default despite partial payment efforts and share pledge dispute.
NCLAT Delhi held that in case there is fraudulent and malicious initiation of Corporate Insolvency Resolution Proceedings [CIRP], adjudicating authority has jurisdiction under the IBC to recall CIRP admission order.
NCLAT Delhi has upheld the decision of adjudicating authority (NCLT, Jaipur) who uphold decision of adjudicating authority (NCLT, Jaipur).
NCLAT rules that appeals under Section 61 of IBC are invalid after corporate debtor dissolution. Explore the judgment on corporate insolvency proceedings.
NCLAT Chennai held that appeal u/s. 60(5) of I&B Code, 2016 against order rejecting interlocutory application for seeking to declare the process memorandum for Resolution Plan incomplete is hereby allowed.
NCLAT Delhi held that the commercial wisdom of the Committee of Creditors [CoC] in rejecting resolution plan and opting for liquidation is non-justiciable. Accordingly, held that NCLT rightly refused to intervene in decision of CoC.
NCLAT Delhi held that regulation 16A(3A) of the CIRP Regulations has to be followed for replacement of Authorised Representatives. Adjudicating Authority duly relied on regulation 16A(3A) and rejected the application of the appellant.
NCLAT ruled that issue of whether workers were entitled to claim their dues under Industrial Disputes Act during layoff period should be decided by appropriate labour authorities and not within CIRP proceedings.
