India===National Company Law Appellate Tribunal

The India===National Company Law Appellate Tribunal (NCLAT) has admitted an appeal against the India===National Company Law Tribunal's (NCLT) order, halting the creation of equity for the successful bidders of Hotel Horizon until further hearing. This action introduces uncertainty into the resolution process.

The India===National Company Law Appellate Tribunal's December 12, 2024 order, which directed NBCC (India) Limited to complete Supertech Limited's projects, was upheld by the India===Supreme Court of India. This validates NCLAT's approach in prioritizing homebuyers and using the Insolvency and Bankruptcy Code, 2016.

The India===National Company Law Appellate Tribunal (NCLAT) is currently hearing Vedanta Limited's challenge against the India===National Company Law Tribunal's (NCLT) approval of Adani Group's bid for Jaypee Group Ltd (JAL). The NCLAT refused an interim stay on the NCLT's decision.

The India===National Company Law Appellate Tribunal (NCLAT) issued the initial directions that Meta Platforms and Meta Platforms===WhatsApp are now agreeing to comply with. Its ruling, which upheld a penalty on Meta Platforms===WhatsApp but set aside a five-year ban on data sharing for advertising, shaped the current legal landscape. The NCLAT's clarification that its safeguards apply to all non-Meta Platforms===WhatsApp data sharing purposes, including advertising, is a key aspect of the compliance.

The India===National Company Law Appellate Tribunal set aside the initial insolvency order against Mahagun Group and remanded the matter for fresh consideration. It later took on record the settlement between Mahagun Group and IDBI Trusteeship Services, leading to the withdrawal of insolvency proceedings.