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The National Company Law Appellate Tribunal (NCLAT) has granted partial relief to Meta Platforms and its messaging arm WhatsApp in the ongoing case linked to WhatsApp’s 2021 privacy policy update. While the tribunal upheld the Rs 213.14 crore penalty imposed by the Competition Commission of India (CCI), it overturned two key elements of the regulator’s…
New Delhi: The Supreme Court on Monday dismissed pleas filed by the Board of Control for Cricket in India (BCCI) and Byju’s co-founder Riju Raveendran challenging a NCLAT Chennai order which denied the withdrawal of insolvency proceedings initiated by the BCCI. A bench comprising Justices JB Pardiwala and R Mahadevan refused to interfere with the NCLAT’s…
The Supreme Court on MondayJuly 21, dismissed the petitions filed by the BCCI and Rio Ravindran, Brother of Byju to Ravindran, seeking withdrawal of insolvency proceedings against Byju to. The court also refused to consider the settlement between the crisis-hit edtech company and the BCCI. A bench of Justices JB Pardiwala and R Mahadevan refused…
New Delhi: In a respite for Mark Zuckerberg-run Meta, the National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by the Competition Commission of India (CCI) on WhatsApp for its data-sharing practices. The NCLAT bench, led by Justice Ashok Bhushan, said such a ban could disrupt WhatsApp’s business model in the…
New Delhi: Social media platform Meta on Monday moved the National Company Law Appellate Tribunal (NCLAT), challenging a recent Competition Commission of India (CCI) order imposing a Rs 213 crore penalty on the firm related to WhatsApp’s 2021 privacy policy update. In November last year, the competition watchdog directed WhatsApp to not share user data…
Last Updated:November 07, 2024, 12:19 IST Supreme Court of India has ordered the liquidation of Jet Airways, invoking its extraordinary powers under Article 142 of the Constitution The Supreme Court of India. (PTI File) On Thursday, the Supreme Court of India ordered the liquidation of Jet Airways, invoking its extraordinary powers under Article 142 of…
New Delhi: In a big relief to Byju’s, the National Company Law Appellate Tribunal (NCLAT) on Friday set aside the insolvency proceedings against the embattled edtech firm after approving its settlement with the Board of Control for Cricket in India (BCCI) in connection with the repayment of dues amounting to over Rs 158 crore. The…