NCLAT Subject: Economy Context: NCLAT has set aside an order passed by the CCI and in another order also held that Competition Act 2002 does not provide that CCI must have a judicial member. Details: The case pertains to CCI rejecting a complaint against a real estate firm  for alleged abuse of the […]

    NCLAT Subject : Polity Context : Relief for Tata Group; SC sets aside NCLAT order restoring Cyrus Mistry as executive chairman. Concept : National Company Law Appellate Tribunal (NCLAT) It was constituted under Section 410 of the Companies Act, 2013 for hearing appeals against the orders of National Company Law Tribunal. NCLAT is […]

    NCLAT Subject : Polity Context : The National Company Law Appellate Tribunal (NCLAT) has ruled that the National Company Law Tribunal (NCLT) cannot accept a revised offer from a bidder who enters the fray late even if the offer is higher than that of other bidders that have adhered to the bidding timeline. […]