On the night of February 21, 2024, the Union Cabinet, in a historic move, announced its decision to amend the Foreign Direct Investment (FDI) policy in the space sector, by creating new sub-sectors wi...
A short excerpt on the recent judgment of a five-member special bench of the National Company Law Appellate Tribunal (NCLAT), wherein it held that the NCLAT has the power to recall its own orders on sufficient grounds, and partly set aside two judgments of coordinate three-member benches of the NCLAT. INDUSLAW’s Padmaja Kaul, Yugank Goel and Vansh Bhutani analyse the implications of this judgement of the NCLAT.
