Andhra Pradesh and Madhya Pradesh get new NCLT benches
The Government has approved establishment of two new benches of National Company Law Tribunal (NCLT), one at Amaravati in Andhra Pradesh and the other...
![IBBI issues Charter on Responsibilities of Insolvency Professionals and CoC [Read Charter]](https://www.taxscan.in/wp-content/uploads/2018/02/Insolvency-and-Bankruptcy-Board-of-India.jpg "IBBI issues Charter on Responsibilities of Insolvency Professionals and CoC [Read Charter]")
Delhi HC dismisses Former Union Minister Jairam Ramesh’s petition against Amendments in PMLA through Money Bill [Read Judgment]
The Delhi High Court has dismissed former Union Minister and Congress MP Jairam Ramesh’s petition against the Amendments in Prevention of Money Laundering Act, 2002 ( PMLA ) through Money Bill. The...
![Delhi HC dismisses Former Union Minister Jairam Ramesh’s petition against Amendments in PMLA through Money Bill [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/03/Jairam-Ramesh-PMLA-Money-Bill-Taxscan.jpg "Delhi HC dismisses Former Union Minister Jairam Ramesh’s petition against Amendments in PMLA through Money Bill [Read Judgment]")
Ex. Directors of Shivam Water Treaters given 2 days to hand over entire property to RP: NCLT [Read Order]
The Mumbai Bench of the National Company Law Tribunal ( NCLT ) in the case of Asset Reconstruction Co. (India) Pvt. Ltd. v Shivam Water Treaters Pvt. Ltd. vide its order dated 18.02.2019, has provided...
![Ex. Directors of Shivam Water Treaters given 2 days to hand over entire property to RP: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/02/NCLT-Shvam-Water-Treaters-tTaxscan.jpg "Ex. Directors of Shivam Water Treaters given 2 days to hand over entire property to RP: NCLT [Read Order]")
Resolution Plan cannot be challenged before the NCLT on the ground of failure to meet the threshold requirement where the same is purely a business decision: SC [Read Judgment]
The Supreme Court in the case of K. Sashidhar v. Indian Overseas Bank & Ors. held that if the opposition to the proposed resolution plan is purely a commercial or business decision, the same,...
![Resolution Plan cannot be challenged before the NCLT on the ground of failure to meet the threshold requirement where the same is purely a business decision: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/02/NCLT-Supeme-Court-Taxscan.jpg "Resolution Plan cannot be challenged before the NCLT on the ground of failure to meet the threshold requirement where the same is purely a business decision: SC [Read Judgment]")
Companies incorporated before 31st Dec 2017 need to file ACTIVE Compliant Form: MCA [Read Notification]
The Ministry of Corporate Affairs ( MCA ) has further amended the Companies (Incorporation) Rules, 2014 wherein the Ministry has notified the new e-form Active for activation of the company. It is in...
![Companies incorporated before 31st Dec 2017 need to file ACTIVE Compliant Form: MCA [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/07/MCA-Taxscan.jpg "Companies incorporated before 31st Dec 2017 need to file ACTIVE Compliant Form: MCA [Read Notification]")
