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ZEE-Sony Merger: NCLT refuses to stay the merger of Zee Entertainment and Sony, hearing will be held again in January

ZEE-Sony Merger: NCLT refuses to stay the merger of Zee Entertainment and Sony, hearing will be held again in January

ZEE-Sony Merger Case: National Company Law Appellate Tribunal (NCLT) Nee Zee Entertainment Enterprises Limited (ZEEL) and Culver Max Entertainment (Sony Pictures India). The tribunal was hearing the appeals of Axis Finance and IDBI Bank, which have challenged the merger in the tribunal. According to Mint, the next hearing has been listed for January 8, 2024. … Read more

NCLAT will hear Google’s petition regarding Play Store on November 28

These apps were removed from the Google Play Store, if you have them on your phone, uninstall them immediately

The National Company Law Appellate Tribunal (NCLAT) will hear Google’s appeal against the Competition Commission of India (CCI) order on November 28. The competition regulator has imposed a fine of Rs 936.44 crore on the technology giant for abusing its dominant position with respect to Play Store policies. Justice Rakesh Kumar, one of its judicial … Read more

Coffee Day Global’s agreement with IndusInd Bank, NCLAT cancels bankruptcy proceedings

Coffee Day Global's agreement with IndusInd Bank, NCLAT cancels bankruptcy proceedings

Coffee Day Global vs IndusInd Bank: Coffee Day Global Limited (CDGL) and its financial lender IndusInd Bank. After this agreement, the National Company Law Appellate Tribunal (NCLA)NCLAT) has canceled the bankruptcy order against the company. This company operates the coffee chain CafĂ© Coffee Day. Counsel for CDGL and IndusInd Bank on Wednesday informed the Chennai … Read more

Google Fine: Google got a big blow, will have to pay a fine of Rs 1337 crore

Google Fine: Google got a big blow, will have to pay a fine of Rs 1337 crore

[ad_1] Google vs CCI: Google has got a big blow. The search engine could not get relief even from the National Company Law Tribunal (NCLAT). NCLAT has upheld the decision of CCI on Google. After this setback, Google will have to pay a fine of Rs 1337.76 crore within 30 days. The Competition Commission of … Read more