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MCA notifies NCLT (Recruitment, Salary and other terms and conditions of services) Rules, 2020 [Read Notification]

Taxscan Team

The Ministry of Corporate Affairs (MCA) has notified National Company Law Tribunal ( NCLT (Recruitment, Salary and other terms and conditions of...

Revised Return can be Filed Belatedly by the Companies Incorporated under Schemes of Arrangement and...

Company under CIRP obliged to Pay Taxes from the Date of Initiation If the Corporate Debtor is a...

Govt to set up NCLAT Bench in Chennai

Critical Analysis of Key Recommendations of Company Law Committee to amend the Companies Act, 2013

Company under Insolvency can't be Struck Off: NCLT sets aside ROC order [Read Order]

In a significant ruling delivered by National Company Law Tribunal ( NCLT ) Ahmedabad has set aside ROC order to struck down the name of the company from ROC register. M/s J R Diamonds P Limited,...

Company Law Committee - 2019 submits its report to Finance Minister [Read Report]

The Company Law Committee was constituted by the Ministry of Corporate Affairs in September, 2019, inter alia, to further decriminalise the provisions of the Companies Act, 2013 based on their gravity...

1,821 cases filed by Homebuyers against Builders under Insolvency and Bankruptcy Code

As per the information received from National Company Law Tribunal (NCLT), total 1,821 cases filed by homebuyers against builders since June, 2018, under the Insolvency and Bankruptcy Code (IBC) 2016,...

MCA appoints 28 New Judicial and Technical Members in NCLT [Read Notification]

The Ministry of Corporate Affairs ( MCA ) has appointed twenty-eight new Judicial and Technical Members in National Company Law Tribunal ( NCLT ). The National Company Law Tribunal is...

Parliament clears Companies Amendment Bill 2019

The Rajya Sabha Tuesday passed the Companies (Amendment ) Bill 2019, which seeks to amend the Companies Act 2013. The Bill was cleared by the Lok Sabha on July 26. It is based on the recommendations...

Three Lakh Firms de-registered by MCA under Income Tax Scanner for Evasion during Demonetization

About three lakh firms are under the scanner of the income tax department for indulged in tax evasion and money laundering during demonetization. The Central Board of Direct Taxes (CBDT) has issued...

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 at Indore in Madhya Pradesh. This step has been...

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