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NCLAT upholds NCLT Powers, dismisses BSE plea on defreezing demat accounts

New Delhi, March 29 (IANS) The National Company Law Appellate Tribunal (NCLAT) has dismissed appeals filed by the BSE, ruling that insolvency courts have the authority to order the defreezing of Demat accounts of companies undergoing insolvency proceedings. In its order, a two-member bench of the appellate tribunal said the National Company Law Tribunal (NCLT) […]

Meta goes to NCLAT against CCI’s Rs 213 crore penalty on WhatsApp

New Delhi, Jan 6 (IANS) Social media platform Meta on Monday moved the National Company Law Appellate Tribunal (NCLAT), challenging a recent Competition Commission of India (CCI) order imposing a Rs 213 crore penalty on the firm related to WhatsApp’s 2021 privacy policy update. In November last year, the competition watchdog directed WhatsApp to not […]