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Critical Analysis of Key Recommendations of Company Law Committee to amend the Companies Act, 2013
In September 2019, the Government had formed the Company Law Committee (‘CLC’) to further decriminalise the provisions of the Companies Act, 2013...
![Company under Insolvency cant be Struck Off: NCLT sets aside ROC order [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/NCLT-Taxscan.jpg "Company under Insolvency cant be Struck Off: NCLT sets aside ROC order [Read Order]")
![Company Law Committee - 2019 submits its report to Finance Minister [Read Report]](https://www.taxscan.in/wp-content/uploads/2019/06/Pre-Budget-Consultation-Nirmala-Sitharaman-Finance-Minister-Taxscan.jpg "Company Law Committee - 2019 submits its report to Finance Minister [Read Report]")
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]")
![Supreme Court upholds Vires of Insolvency and Bankruptcy Code [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/09/Deduction-Supreme-Court-of-India-Taxscan.jpg "Supreme Court upholds Vires of Insolvency and Bankruptcy Code [Read Judgment]")