May 9, 2026
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NCLAT

NCLAT Overturns ₹302-Crore CCI Penalty Against Grasim Industries

NCLAT Overturns ₹302-Crore CCI Penalty Against Grasim Industries

Business News Desk03 mins mins

Legal Relief for Grasim Industries The National Company Law Appellate Tribunal (NCLAT) has officially set aside a ₹302-crore penalty imposed by the Competition Commission of India (CCI) on Grasim Industries Ltd, citing procedural concerns in the initial investigation. The appellate body’s decision, delivered this week in New Delhi, mandates a fresh hearing of the matter,…

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NCLAT Upholds Adani Power's Bid for Jaiprakash Power Ventures

NCLAT Upholds Adani Power’s Bid for Jaiprakash Power Ventures

Business News Desk03 mins mins

Legal Setback for Vedanta The National Company Law Appellate Tribunal (NCLAT) in New Delhi dismissed a plea filed by Vedanta Limited on Tuesday, effectively clearing the path for Adani Power to proceed with its acquisition bid for the debt-laden Jaiprakash Power Ventures. The appellate authority rejected Vedanta’s challenge against the Committee of Creditors’ (CoC) decision,…

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