Know the Key Changes in Life Insurance Corporation Act, 1956 come to effect from July 1st [Read Notification]
The Ministry of Finance notified that amendments in the Life Insurance Corporation Act, 1956 will be enforced from June 30, 2021. “In exercise of...
![MCA sets Minimum Default threshold at Rs.10 lakh for MSME pre-pack Insolvency Resolution [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/MCA-minimum-default-threshold-MSME-pre-pack-insolvency-resolution-Taxscan.jpg "MCA sets Minimum Default threshold at Rs.10 lakh for MSME pre-pack Insolvency Resolution [Read Notification]")
![If Liquidator appointed by NCLT is already Registered as a distinct person it should continue to remain Registered till Liability Ceases: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Liquidator-NCLT-Liability-Ceases-AAR-Taxscan.jpg "If Liquidator appointed by NCLT is already Registered as a distinct person it should continue to remain Registered till Liability Ceases: AAR [Read Order]")
No debar for Auditor under Companies Act If Fraudulent Intention is not Proved: NCLAT [Read Order]
The National Company Law Tribunal (NCLAT), New Delhi held that the auditor cannot be debarred for 5 years under Companies Act, 2013 in the absence of evidence supporting fraudulent intentions. In the...
![No debar for Auditor under Companies Act If Fraudulent Intention is not Proved: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Auditors-Taxscan.jpg "No debar for Auditor under Companies Act If Fraudulent Intention is not Proved: NCLAT [Read Order]")
MCA notifies NCLT (Recruitment, Salary and other terms and conditions of services) Rules, 2020 [Read Notification]
The Ministry of Corporate Affairs (MCA) has notified National Company Law Tribunal ( NCLT (Recruitment, Salary and other terms and conditions of services) Rules, 2020. These rules pertain to a...
![MCA notifies NCLT (Recruitment, Salary and other terms and conditions of services) Rules, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2019/03/NCLT-Taxscan.jpg "MCA notifies NCLT (Recruitment, Salary and other terms and conditions of services) Rules, 2020 [Read Notification]")
Company under CIRP obliged to Pay Taxes from the Date of Initiation If the Corporate Debtor is a Going Concern: NCLT [Read Order]
The National Company Law Tribunal (NCLT) ruled that any company that has initiated CIRP can be obligated to pay the taxes from the date of initiation of CIRP, if the Corporate Debtor is to be run as a...
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]")