ANZ Group’s A$4.9 billion ($3.2 billion) buyout of Suncorp’s banking business was cleared by the Australian Competition Tribunal on Tuesday, meaning the bank can press on with the takeover of its significant...
Zee-Sony Row: Sony ‘disappointed’ after SIAC allows Zee to approach India tribunal over merger dispute
Sony Entertainment (India) has expressed disappointment over the Singapore International Arbitration Centre’s (SIAC) order allowing Zee Entertainment to approach Indian tribunal to enforce a $10 billion merger...
Canada’s Secure Energy to divest assets for C$1.15 bln on Competition Tribunal’s ruling
Waste management firm Secure Energy Services said it will divest some assets in Western Canada for a total of C$1.15 billion ($847.21 million) to fulfill Competition Tribunal’s conditions for its merger with...
Future Group companies moves to Delhi HC against a debt recovery tribunal order
The Future Group companies moved the Delhi High Court against a debt recovery tribunal’s July 31 order that restrained them from alienating their assets in recovery proceedings initiated by lenders. A bench led by...
Securities Appellate Tribunal adjourns ZEEL promoters’ plea to June 26
The Securities Appellate Tribunal (SAT) will hear on June 26 the plea of Zee Entertainment Enterprises Limited Chairman emeritus Subhash Chandra and his son and MD Punit Goenka to set aside the Securities & Exchange...
Appellate Tribunal dismisses IBBI plea in GTL Infra case
The National Company Law Appellate Tribunal (NCLAT) has dismissed a petition filed by the insolvency regulator, which had challenged a bankruptcy court decision to reject lenders’ plea to admit GTL Infrastructure...
Judgement of Hon’ble Supreme on Jurisdictional powers between NCLT (National Company Law Tribunal) and SEBI (Securities and Exchange Board of India)
Hon’ble Supreme Court in their order dated 4th January 2023 decides jurisdictional powers between Securities and Exchange Board of India (SEBI) and National Company Law Tribunal (NCLT) in the matter of IFB Agro...
Canada competition tribunal approves $14.8 bln Rogers-Shaw merger
Canada’s competition tribunal on Thursday approved the C$20 billion ($14.77 billion) merger between Rogers Communications Inc and Shaw Communications Inc that would create the country’s second-largest...
South Africa’s competition tribunal approves Impala-RB Platinum merger
South Africa’s competition tribunal said on Wednesday it has approved with conditions Impala Platinum’s (IMPJ.J) proposed acquisition of Royal Bafokeng Platinum. The tribunal said the conditions include...
SC urges company law tribunals to clear IBC cases fast
The Supreme Court on Monday said “judicial delay” was the main reason for the failure of the insolvency regime in India prior to the 2016 Insolvency and Bankruptcy Code (IBC), as it urged company law tribunals to...
Amazon-Future case: Singapore tribunal begins hearing plea on Reliance Retail deal
A Singapore arbitration tribunal on Monday began hearing Future Group’s plea to lift the stay on the deal to sell its retail assets to Reliance Retail and exclude its flagship listed company as a party to the dispute...
Appellate Tribunal stays Mumbai NCLT order to consider Kapil Wadhawan’s DHFL settlement offer
The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the Mumbai NCLT’s order which directed the administrator of Dewan Housing Finance to consider a settlement proposal by its former promoter Kapil...