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The NCLAT will shortly pronounce its judgement on Google's plea challenging the CCI order imposing a penalty of Rs 1337 crores on the tech giant for allegedly misusing its dominant position in the Android ecosystem.
#Google #NCLAT #CCI #Android @CCI_India
#Google #NCLAT #CCI #Android @CCI_India
The judgment will be pronounced by a bench of NCLAT Chairperson Justice Ashok Bhushan and Dr Alok Srivastava, Member (Technical) at 2 PM.
The NCLAT will continue to hear today Google's appeal against the CCI order imposing a penalty of ₹1337 crore on the tech giant for its alleged anti-competitive behaviour in the Android mobile ecosystem.
#NCLAT #Google #CCI
#NCLAT #Google #CCI
#India: Market Close
✦Indices opened flat in the morning & #Nifty was consolidating between 17,300 & 17,400 in the morning, then fell 146 points intraday, took support around 17,250 & recovered 87 points & finally closed at 17,303.95
#StockMarket #nseindia #BSE
1/5
✦Indices opened flat in the morning & #Nifty was consolidating between 17,300 & 17,400 in the morning, then fell 146 points intraday, took support around 17,250 & recovered 87 points & finally closed at 17,303.95
#StockMarket #nseindia #BSE
1/5
#India: Market Close
✦Mid-caps & small-caps witness buying pressure as their respective indices rose 0.74% & 0.41%. Pharma, Healthcare & Oil & Gas stocks drag the index, while Media, Real Estate & Auto stocks rise
#StockMarket #nseindia #BSE
2/5
✦Mid-caps & small-caps witness buying pressure as their respective indices rose 0.74% & 0.41%. Pharma, Healthcare & Oil & Gas stocks drag the index, while Media, Real Estate & Auto stocks rise
#StockMarket #nseindia #BSE
2/5
#India: Market Close
✦#ZeeEntertainment rose 6.26% after #NCLAT granted a stay on the #NCLT order with respect to IBC proceedings initiated against the company
#StockMarket #nseindia #BSE
3/5
✦#ZeeEntertainment rose 6.26% after #NCLAT granted a stay on the #NCLT order with respect to IBC proceedings initiated against the company
#StockMarket #nseindia #BSE
3/5
#India: Pre-Open
✦#SGXNifty is ▲2.5 points & Asian markets are up, indicating a positive bias for Indian markets
#StockMarket #nseindia #BSE
✦#SGXNifty is ▲2.5 points & Asian markets are up, indicating a positive bias for Indian markets
#StockMarket #nseindia #BSE
#India: Pre-Open
✦#NCLAT has granted a stay on the #NCLT order with respect to IBC proceedings initiated against #Zee. Accordingly, Zee will move out of the IBC framework, and the corresponding surveillance actions on the company will be reverted
#StockMarket #nseindia #BSE
✦#NCLAT has granted a stay on the #NCLT order with respect to IBC proceedings initiated against #Zee. Accordingly, Zee will move out of the IBC framework, and the corresponding surveillance actions on the company will be reverted
#StockMarket #nseindia #BSE
#India: Pre-Open
✦#TataSteel has received approval from the Committee of Directors for allotment of 2.15 lakh NCDs, with an 8.03% fixed coupon rate, having a FV of Rs 1 lakh, amounting to Rs 2,150 crore, for a tenor of 5 years, to investors on a private placement basis
#NSE
✦#TataSteel has received approval from the Committee of Directors for allotment of 2.15 lakh NCDs, with an 8.03% fixed coupon rate, having a FV of Rs 1 lakh, amounting to Rs 2,150 crore, for a tenor of 5 years, to investors on a private placement basis
#NSE
The #NCLAT will hear today an appeal by #Alphabet (parent company of @Google ) against a @CCI_India order imposing a penalty of ₹936 crore on the tech giant for it anti-competitive practices in relation to its Play Store policies.
In addition to monetary fine, the CCI has also directed Google to cease and desist from participating in anti-competitive practices and to modify its conduct within a defined timeline.
#NCLAT @CCI_India @Google #PlayStore
#NCLAT @CCI_India @Google #PlayStore
The appeal will be heard by a two-member bench of Justice Rakesh Kumar, Member (Judicial) and Dr Alok Srivastava, Member (Technical).
Hearing is scheduled to start at 10:30am.
#NCLAT @CCI_India @Google #PlayStore
Hearing is scheduled to start at 10:30am.
#NCLAT @CCI_India @Google #PlayStore
The NCLAT will hear today Google's appeal against the CCI order imposing a fine of Rs 1336 crore on the tech giant for its alleged anti-competitive conduct.
@Google @CCI_India #NCLAT
@Google @CCI_India #NCLAT
The CCI had concluded that Google was indulging in anti-competitive conduct when it came to its Android mobile ecosystem. It had also issued a series of non-monetary sanctions.
@Google @CCI_India #NCLAT
@Google @CCI_India #NCLAT
In its appeal, Google has argued that the CCI's findings are patently erroneous and ignores exculpatory evidence.
@Google @CCI_India #NCLAT
@Google @CCI_India #NCLAT
#DelhiHC hearing plea by Capt Atul Jain against NCLAT order which dismissed his petition allegedly without hearing him and took his comment “tom dick and harry” as slang.
Capt Atul Jain appears petitioner in person.
Jain gives a brief background of his case.
#NCLAT #DelhiHighCourt
Jain gives a brief background of his case.
#NCLAT #DelhiHighCourt
Bench-What was the section 7 IBC application?
Jain-It was for starting CIRP against. Tripathi Hospital Pvt Ltd Noida.
Bench- How much was the default amount?
Jain-In 1914 it was 40 lakhs
#delhihighcourt
Jain-It was for starting CIRP against. Tripathi Hospital Pvt Ltd Noida.
Bench- How much was the default amount?
Jain-In 1914 it was 40 lakhs
#delhihighcourt
VERDICT ALERT: TATA vs CYRUS MISTRY
CJI SA Bobde led bench to shortly deliver judgment in the dispute between Tata Group’s holding company, Tata Sons Limited and Shapoorji Pallonji Groups’ Cyrus Mistry
#SupremeCourt
@TataCompanies @CyrusMistrySupt
CJI SA Bobde led bench to shortly deliver judgment in the dispute between Tata Group’s holding company, Tata Sons Limited and Shapoorji Pallonji Groups’ Cyrus Mistry
#SupremeCourt
@TataCompanies @CyrusMistrySupt
Both Tata Sons and Mistry have challenged a December 18, 2019 order of National Company Law Appellate Tribunal (NCLAT) which had ordered reinstatement of Cyrus Mistry as the Chairperson of Tata Sons Limited.
The NCLAT, in its December 2019 judgment, had held that the proceedings of the Board meeting of Tata Sons held on October 24, 2016 removing Cyrus Mistry as Chairperson was illegal.
#NCLAT
#SupremeCourt
#NCLAT
#SupremeCourt
#SupremeCourt to hear plea by 3 sitting members of the National Company Law Appellate Tribunal seeking to expunge allegedly "personal" and "unsavory" comments made against them in a judgment by a five-member Bench led by acting chairperson, Justice Bansi Lal Bhat
#NCLAT
#NCLAT
Petitioners, Justice (Retd) Jarat Kumar Jain, Bavinder Singh and Vijai Pratap Singh were all part of a 3-member Bench of NCLAT which had referred a matter to the 5-member Bench.
#SupremeCourt
#SupremeCourt
Hearing begins
