![MCA notifies date of implementation of Provisions related to Producer Companies [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/02/Producer-Companies-Rules-2021-MCA-implementation-of-Provisions-Producer-Companies-Taxscan.jpeg "MCA notifies date of implementation of Provisions related to Producer Companies [Read Notification]")
MCA notifies date of implementation of Provisions related to Producer Companies [Read Notification]
The Ministry of Corporate Affairs (MCA) notified that the provisions related to Producer Companies under Chapter XXIA to be effective from February...
![MCA notifies Producer Companies Rules, 2021 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/02/MCA-Producer-Companies-Rules-taxscan.jpg "MCA notifies Producer Companies Rules, 2021 [Read Notification]")
![Liquidator does not have Income Tax Liabilities: NCLAT directs IT Dept to Refund erroneously collected TDS [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Liquidator-Income-Tax-Liabilities-NCLAT-IT-Dept-Refund-TDS-Taxscan-1.jpg "Liquidator does not have Income Tax Liabilities: NCLAT directs IT Dept to Refund erroneously collected TDS [Read Judgment]")
4,73,131 Indian Companies and 1,065 Foreign Companies benefited by availing the Companies Fresh Start Scheme, 2020, says MoS Anurag Thakur
As per records available with the Ministry of Corporate Affairs (MCA), 4,73,131 number of Indian Companies and 1,065 number of Foreign Companies have been benefited by availing the Companies...
Delhi HC issues notice to Central Government on plea challenging non-providing of field in MCA Portal for Advocates to register Companies/ LLPs on behalf of clients [Read Order]
The Delhi High Court issued the notice to the Central Government on a plea challenging non-providing of the field in MCA Portal for Advocates to register companies/ LLPs on behalf of clients. The...
![Delhi HC issues notice to Central Government on plea challenging non-providing of field in MCA Portal for Advocates to register Companies/ LLPs on behalf of clients [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Delhi-High-Court-Central-Government-plea-challenging-MCA-Portal-LLP-Taxscan.jpeg "Delhi HC issues notice to Central Government on plea challenging non-providing of field in MCA Portal for Advocates to register Companies/ LLPs on behalf of clients [Read Order]")
Retrospective bar against initiation of CIRP applies to applications filed from 25 March 2020: Supreme Court [Read Judgment]
The Supreme Court held that Section 10A of the Insolvency and Bankruptcy Code (IBC) barred filing of applications for the commencement of the CIRP in respect of a corporate debtor for a default...
![Retrospective bar against initiation of CIRP applies to applications filed from 25 March 2020: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Retrospective-bar-CIRP-Supreme-Court-Taxscan.jpg "Retrospective bar against initiation of CIRP applies to applications filed from 25 March 2020: Supreme Court [Read Judgment]")
Creditor not to become 'Financial Creditor', if a Corporate Debtor offered Security by pledging Shares, without discharging borrower's liability: Supreme Court [Judgment]
The Supreme Court held that a creditor will not become a 'financial creditor' under the Insolvency and Bankruptcy Code, if a corporate debtor offered security by pledging shares, without discharging...
![Creditor not to become Financial Creditor, if a Corporate Debtor offered Security by pledging Shares, without discharging borrowers liability: Supreme Court [Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Creditor-Financial-Creditor-Corporate-Debtor-Shares-borrowers-liability-Supreme-Court-Taxscan.jpg "Creditor not to become Financial Creditor, if a Corporate Debtor offered Security by pledging Shares, without discharging borrowers liability: Supreme Court [Judgment]")
SEBI penalizes Kishore Biyani and Anil Biyani of Future Corporate Resources for Insider Trading [Read Order]
The Securities and Exchange Board of India (SEBI) has penalized Future Corporate Resources Pvt Ltd, Kishore Biyani and Anil Biyani, founder and co-founder of Future group respectively, and five...
![SEBI penalizes Kishore Biyani and Anil Biyani of Future Corporate Resources for Insider Trading [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/SEBI-Kishore-Biyani-Anil-Biyani-Future-Corporate-Resources-Insider-Trading-Taxscan.jpg "SEBI penalizes Kishore Biyani and Anil Biyani of Future Corporate Resources for Insider Trading [Read Order]")
Collusive or Sham Transactions with a Corporate Debtor won’t amount to ‘Financial Debt’: Supreme Court [Read Judgment]
The Supreme Court held that the Collusive or sham transactions with a corporate debtor will not amount to ‘financial debt’ under the Insolvency and Bankruptcy Code 2016. The appellant, Phoenix Arc...
![Collusive or Sham Transactions with a Corporate Debtor won’t amount to ‘Financial Debt’: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Collusive-Sham-Transactions-Corporate-Debtor-Financial-Debt-Supreme-Court-Taxscan.jpg "Collusive or Sham Transactions with a Corporate Debtor won’t amount to ‘Financial Debt’: Supreme Court [Read Judgment]")
MCA changes definition of 'Small Companies', raises threshold for paid-up Capital from Rs. 50 lakhs to Rs. 2 cr. [Read Notification]
The Ministry of Corporate Affairs has notified announcing the change of definition of ‘small company’. The change was proposed by Finance Minister Nirmala Sitharaman while presenting the Union Budget...
![MCA changes definition of Small Companies, raises threshold for paid-up Capital from Rs. 50 lakhs to Rs. 2 cr. [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/02/MCA-Small-Companies-Authorised-Capital-paid-up-Capital-Taxscan.jpg "MCA changes definition of Small Companies, raises threshold for paid-up Capital from Rs. 50 lakhs to Rs. 2 cr. [Read Notification]")