NCLAT Rulings of 2025 (Part 8)

NCLAT Upholds CCI’s Jurisdiction Under Section 4 of the Competition Act to Probe WhatsApp – Meta Data-Sharing Practices IN THE MATTER OF: WhatsApp LLC vs Competition Commission ofIndia CITATION : 2025 TAXSCAN (NCLAT) 371 In a landmark judgment, the National Company Law Appellate Tribunal (NCLAT) has upheld the Competition Commission of India’s (CCI) jurisdiction to…

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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…

NCLT Admits PNB’s Insolvency Plea [Read Order]

The Mumbai Bench of National Company Law Tribunal (NCLT) admitted PNB’s Section 7 application against the Respondent for default exceeding ₹39 crore, arising mainly from invocation of bank guarantees worth ₹54.34 crore. The debits led to classification of the account as NPA on 30.06.2023. The Tribunal rejected the Corporate Debtor’s objections and held that debt…

LIDDS AB (publ) proposes that the general meeting, as well as the second control meeting, resolve on voluntary liquidation and the delisting of the company’s shares

GOTHENBURG, SWEDEN – The Board of Directors of LIDDS AB (publ) (“LIDDS” or the “Company”) has today resolved to propose that an extraordinary general meeting, which will also serve as the second control meeting, resolve on the voluntary liquidation of the Company and the delisting of the Company’s shares from Nasdaq First North Growth Market.…