The Supreme Court of India, led by Justices Surya Kant and NK Singh, addressed the heavy workload and vacancy issues within the Armed Forces Tribunal. They suggested establishing additional benches in remote areas to enhance access to justice and urged the government to expedite the appointment process and improve tribunal operations.
Meta Platforms Inc. has appealed to the NCLAT against the Rs 213.14 crore penalty imposed by the CCI for abusing its dominant position through WhatsApp’s 2021 privacy policy, which mandated expanded data sharing with Meta. The CCI deemed this a “take-it-or-leave-it” approach, violating user autonomy and competition laws. Meta and WhatsApp were directed to cease unfair practices, restrict data sharing for five years, and provide detailed transparency in their policies. The case, deemed significant for the industry, will be heard on January 16, 2025.
Justice Sharad Kumar Sharma of NCLAT recused himself from an appeal after a personal request from his brother, emphasizing the importance of judicial impartiality. His decision underlines the ethical standards judges must uphold, as even perceived bias can necessitate withdrawal. The case will be reassigned to ensure integrity in the judicial process.
The insolvency case involving the edtech platform Byju’s saw intense arguments on Tuesday(12th Nov), with the US-based financial creditor Glas Trust accusing the Resolution Professional (RP) of creating chaos.
The Supreme Court of India Today (Oct 23) nullified the Rs 158 crore settlement between Byju’s (Think and Learn Pvt Ltd) and the Board of Control for Cricket in India (BCCI). The decision overturned a previous ruling by the National Company Law Appellate Tribunal (NCLAT), which had closed the insolvency proceedings against the ed-tech giant Byju’s, following a settlement with BCCI. The court criticized the NCLAT for prematurely concluding the Corporate Insolvency Resolution Process (CIRP) by invoking its inherent powers under Rule 11 of the NCLAT Rules 2016.
Today, On 16th October, the Supreme Court reserved its judgment on SBI’s appeal against the NCLAT’s approval for Jet Airways’ ownership transfer to the Jalan Kalrock Consortium. Jet Airways, in insolvency since 2019, plans to resume operations in 2024, following disputes over payment obligations and resolution delays.
The Supreme Court of India today (27th Sept) ruled that a free certified copy of an NCLT order suffices for filing an appeal to the NCLAT, overturning a prior NCLAT decision. The Court clarified there’s no distinction between free and paid certified copies, emphasizing that a three-day delay in appeal was within acceptable limits.
The Supreme Court Today (Sept 26) reserved its judgment on U.S.-based Glas Trust Company LLC’s appeal against the NCLAT’s stay on insolvency proceedings for BYJU’s, which also approved a Rs 158.9 crore settlement with BCCI. The SC has halted today’s 4 PM creditors’ committee meeting and any further meetings until its decision.
The Supreme Court Today (Sept 25) expressed doubts over whether the National Company Law Appellate Tribunal (NCLAT) had applied its mind while deciding to close insolvency proceedings against ed-tech firm Byju’s. The Court indicated that it is inclined to send the matter back to the NCLAT to take a fresh decision.
The Supreme Court, led by Chief Justice D Y Chandrachud, plans to hear Google LLC’s arguments on alleged anti-competitive practices in the Android market over five to six days. Both Google and the Competition Commission of India challenge a previous mixed ruling from the NCLAT, which upheld a significant fine against Google.
