NCLAT

ICICI Securities shareholder moves NCLAT against order on delisting

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ICICI Securities shareholder moves NCLAT against order on delisting

A shareholder of ICICI Securities has approached the National Company Law Appellate Tribunal (NCLAT) challenging the National Company Law Tribunal’s order approving the company’s delisting application from the stock exchanges. On August 21, the NCLT’s Mumbai bench dismissed two objections to the delisting scheme and allowed delisting. On Friday, Bengaluru-based investment manager Manu Rishi Guptha … Read more

Sundaram Brake: NCLAT dismisses Sundaram Brake’s plea against CCI cease and desist order on railways tendering

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Sundaram Brake: NCLAT dismisses Sundaram Brake’s plea against CCI cease and desist order on railways tendering

The National Company Law Appellate Tribunal on Tuesday dismissed a plea by Sundaram Brake Linings, challenging a cease and desist order passed against the company by the fair trade regulator CCI. NCLAT upheld orders passed by the Competition Commission of India (CCI), and said there was a “meeting of mind” with other parties, which were … Read more