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When there is a default by the pledgor, i.e., the pledgor does not fulfil his promise to pay the debt, the pledgee has the right (but not an obligation) to sue on the date and to continue retention of…

On perusing documents submitted, submissions made and pursuant to the approval granted by the Management Committee of IL & FS IIDC Fund in the capacity of shareholder of the Respondent Company along with…

No consent from any of the shareholders has been submitted by the Petitioner to take cognizance as to the eligibility for the Petitioner to file a petition under Sections 241(1). Sine no consent has been…

It is found that the award dated 09.12.2016 is passed by the Daily Lok Adalat. This award has been passed by the Daily Lok Adalat presided by the Civil Judge (Jr. Divn.) Gurgaon, therefore, it has to …

The Petitioner was unaware of the notification regarding striking off the name of the company from the Registrar of the Respondent as no notice as required under Section 248 of the said Act, was given…

From the perusal of the reply, it is noted that the claim of the petitioner as regard to equal partnership was wrong as this was never an understanding. It is further claimed that the right issues/private…

On perusal of the records, the petitioner is said to be the Company registered under the Companies Act and it is alleged that during the year 2016-2017, the company has donated Rs. 10.00 lakhs each to…

As per the provisions of the Companies Act 2013 and the Companies (Appointment and Qualifications of Directors) Rules, 2014, every company, whether new or existing is required to file an e-Form DIR-12…

INSOLVENCY RESOLUTION — MORATORIUM - The law giver had contemplated that when a moratorium had been put in place, the period thereof must be excluded. The words “any suit or application” and “by a corporate…

INSOLVENCY RESOLUTION — PETITION BY OPERATIONAL CREDITOR - There was no discussion at all about the letter dated September 28, 2015 in the order of the Appellate Tribunal. According to the operational…

INSOLVENCY RESOLUTION — PETITION BY OPERATIONAL CREDITOR - A copy of the proof of dispatch was produced which showed that the demand notice had been duly served upon the corporate debtor. Hence the objection…

INSOLVENCY RESOLUTION — PETITION BY FINANCIAL CREDITOR - The documents towards restructuring of the loan and the alleged revival letter, etc., relied on by the financial creditor could not enure to the…

INSOLVENCY RESOLUTION — PETITION BY FINANCIAL CREDITOR - Three years from the date of declaration of the non-performing asset, i. e., February 28, 2005 according to article 137 of the Limitation Act, …

Section 148 of Companies Act, 2013 - OFFENCES AND PROSECUTION — PETITION TO QUASH PROCEEDINGS - The company having complied and submitted the requisite statutory documents and paid the requisite fees …

INSOLVENCY RESOLUTION — LIQUIDATION - The proviso to section 230(4) of the 2013 Act, contemplates that any objections to the scheme could be made by persons having an outstanding debt amounting to not…

INSOLVENCY RESOLUTION — RESOLUTION PLAN - There were no substantial grounds to appoint a third valuer and there was no irregularity either in the conduct of the resolution professional or in the commercial…

The captioned main CP has served its purpose i.e., it has outlived its utility. Next year it will be two decades old. Two decades may be contemporary history in a historian's perspective but in litigation,…

This Tribunal is of the considered view that the scheme as contemplated amongst the petitioner companies seems to be prima facie in compliance with the provisions of the Companies Act, 2013. Further there…

In the instant case on hand before this Tribunal, the point of difference, stated / formulated by the Hon’ble Members of the National Company Law Tribunal dated 11.02.2022 in CP Nos. 112, 113 and 114/KB…

Sections 232, 230, of the Companies Act, 2013 - The rationale of the Scheme had been discussed in detail in the first motion order dated 1-3-2021, which justifies the claim of the applicants that the …

Adjustment in derivative contracts for dividend announcements ...

Guidelines for Large Value Fund for Accredited Investors under SEBI (Alternative Investment Funds) Regulations, 2012 and Requirement of Compliance Officer for Managers of all AIFs ...

Implementation of Circular on ‘Guidelines in pursuance of amendment to SEBI KYC (Know Your client) Registration Agency (KRA) Regulations, 2011’ ...

Reduction of timelines for listing of units of privately placed Infrastructure Investment Trust (InvIT) ...

Introduction of Unified Payments Interface (UPI) mechanism for Real Estate Investment Trusts ...

Introduction of Unified Payments Interface (UPI) mechanism for Infrastructure Investment Trusts ...

Securities and Exchange Board of India (Employees' Service) (Second Amendment) Regulations, 2022 ...

Modification in the Operational Guidelines for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors – Bank account details to which the payment is to be done electronically ...

Naming / Tagging of demat accounts maintained by Stock Brokers ...

National Financial Reporting Authority Amendment Rules, 2022 ...

Jurisdiction as Special Court in District Leh and District Kargil in the Union territory of Ladakh ...

Seeks to amend Notification No. S.O. 3997(E), dated, the 16th August, 2018 ...

Sovereign Gold Bond Scheme 2022-23 ...

Nomination for Mutual Fund Unit Holders ...

Companies (Appointment and Qualification of Directors) Second Amendment, Rules, 2022 ...

Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2022. ...

Modification in Cyber Security and Cyber Resilience Framework of Mutual Funds/ Asset Management Companies (AMCs) ...

Modification in Cyber Security and Cyber resilience framework for Stock Brokers / Depository Participants ...

Extension of facility for conducting annual meeting and other meetings of unitholders of REITs and InvITs through Video Conferencing (VC) or through Other Audio-Visual means (OAVM) ...

Investor Grievance Redressal Mechanism ...

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Discussion paper on changes in CIRP to reduce delays & improve resolution value
RERA cancelled registration of 3 Projects
WhatsApp & e-mail can be used for speedy consumer complaint redressal
Discussion Paper on Financial Self-Sufficiency of IBBI
Draft IRDAI Staff (Officers and other Employees) (First Amendment) Regulations, 2022
PM inaugurates ‘Vanijya Bhawan’ and launches NIRYAT portal
Debris on Call service by Brihanmumbai Municipal Corporation
NCDRC Order Builder have to refund with interest to Homebuyer
CCI approves acquisition of entire shareholding in Air Asia India by Air India
Provisions covered under Social Security Agreement (SSA)
Discussion Paper on Streamlining the Liquidation Process
Report of Insolvency Law Committee on IBC 2016 implementation
IBBI invites suggestions for expeditious resolution of Real Estate Projects
Discussion Paper on enabling entities to become insolvency professional
Extension of Ban on usage of Single Use Plastic from 1st July
Discussion Paper on Remuneration of an Insolvency Professional
IPs to act as IRP, Liquidators, RP & Bankruptcy Trustees (Recommendation) Guidelines, 2022
Exposure Draft of Revised Guidance Note on CARO 2020
MCA to launch of National CSR Exchange Portal
Draft IRDAI (Appointed Actuary) Regulations, 2022
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