#NCLAT

Social News XYZ

@socialnews.xyz

4 months ago

NCLAT gives partial relief to Meta, removes data-sharing ban in WhatsApp privacy policy case New Delhi, Nov 4 (SocialNews.XYZ) The National Company Law Appellate Tribunal (NCLAT) has given partial relief to Meta Platforms and its messaging app WhatsApp in the ongoing competition case related to WhatsApp’s 2021 privacy policy update. The tribunal upheld the Rs 213.14 crore penalty imposed by the Competition Commission of India (CCI) but cancelled two major parts of the earlier order -- the finding that WhatsApp held a dominant position and the five-year ban on sharing user data for advertising purposes.

NCLAT gives partial relief to Meta, removes data-sharing ban in WhatsApp privacy policy case #NCLAT #Meta #WhatsApp #socialnewsxyz

Scroll

@scroll.in

6 months ago

The case pertained to insolvency proceedings against KLSR Infratech Limited, a Hyderabad-based real estate company.

scroll.in/latest/10859...

The company had filed a petition in 2023 against an order issued by the Hyderabad bench of the National Company Law Tribunal.

#NCLAT

@nenownews.bsky.social

6 months ago

Justice Sharad Kumar Sharma recuses from NCLAT CIRP case over external pressure Justice Sharad Kumar Sharma recused himself from NCLAT case concerning CIRP, following attempts by external party to influence his decision.

This is not the first time Justice Sharma has recused himself from cases due to external pressures
#JusticeSharadKumarSharma #NCLAT #CIRP #JudicialIntegrity
nenow.in/national/jus...

klath05

@klath05.bsky.social

7 months ago

National company Law Appellate Tribunal (NCLAT) inviting applications for judicial members.
Salary - 2,25,000 per month plus allowances.

#govtjobalert #NCLAT #MCANotification #Klath05 #Klath24 #dekhoaccountant #klathconsultancyprivatelimited #Klathconsultancy

Social News XYZ

@socialnews.xyz

10 months ago

NCLAT dismisses Byju’s settlement plea, upholds insolvency Chennai, April 18 (SocialNews.XYZ) The National Company Law Appellate Tribunal (NCLAT) has set aside the appeals filed by the BCCI and Riju Raveendran, brother of Byju Raveendran, seeking withdrawal of insolvency proceedings against Byju's and to consider the settlement between the beleaguered edtech company and the BCCI. They had challenged the order passed by the Bengaluru bench of the National Company Law Tribunal (NCLT), which had on February 10, 2025 directed to place their settlement offer before the new Committee of Creditors (CoC), in which US-based Glas Trust, the trustee for lenders to which Byju's owes $1.2 billion, is a member.

NCLAT dismisses Byju's settlement plea, upholds insolvency #NCLAT #Byjus #socialnewsxyz

Social News XYZ

@socialnews.xyz

1 year ago

NCLAT stays CCI ban on WhatsApp, Meta evaluates next steps (Lead) New Delhi, Jan 23 (SocialNews.XYZ) Mark Zuckerberg-run Meta on Thursday said it welcomes the decision of the National Company Law Appellate Tribunal (NCLAT) to stay the ban imposed by the Competition Commission of India (CCI) on WhatsApp and will evaluate next steps. The CCI had imposed a five-year ban on WhatsApp for its data-sharing practices. “We welcome the NCLAT’s decision to grant a partial stay on the Competition Commission of India’s (CCI) order,” said Meta spokesperson in a statement, shared with IANS.

NCLAT stays CCI ban on WhatsApp, Meta evaluates next steps (Lead) #NCLAT #CCI #WhatsAppMeta #Lead #socialnewsxyz

Social News XYZ

@socialnews.xyz

1 year ago

NCLAT stays CCI ban on WhatsApp, asks Meta to pay half the Rs 213 crore fine New Delhi, Jan 23 (SocialNews.XYZ) In a respite for Mark Zuckerberg-run Meta, the National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by the Competition Commission of India (CCI) on WhatsApp for its data-sharing practices. The NCLAT bench, led by Justice Ashok Bhushan, said such a ban could disrupt WhatsApp's business model in the country. WhatsApp has more than 500 million monthly active users in India.

NCLAT stays CCI ban on WhatsApp, asks Meta to pay half the Rs 213 crore fine #NCLAT #CCI #WhatsApp #Meta #theRs #socialnewsxyz

YesPunjab.com

@handle.invalid

1 year ago

SC to pronounce judgment today on Jet Airways ownership - Yes Punjab News The Supreme Court is set to pronounce its judgment on Thursday on lenders' plea challenging the transfer of ownership of grounded Jet Airways to Jalan Kalrock Consortium (JKC).

SC to pronounce judgment today on Jet Airways ownership
yespunjab.com?p=57390

#JetAirways #SupremeCourt #JalanKalrockConsortium #NCLAT #CorporateInsolvencyResolution #IBC #SBI #LendersPlea #OwnershipTransfer #JetAirwaysRevival #IndianAviation