Companies Act
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NCLT orders reinstatement of the name of respondent company in the ROC, sets aside ROC order for non-compliance
NCLT sets aside the order of the ROC, West Bengal to strike off the name of Respondent Company due to…
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NCLT allows SBI to opt out of Liquidation process but prohibits sale of assets to disqualified persons.
NCLT grants permission to Secured Creditors to opt out of the Liquidation process but imposes a bar on the secured…
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NCLT is not the appropriate forum for disputes relating to breach of contract
Adjudicating Authority of the NCLT holds that it is not the appropriate forum for deciding matters pertaining to a breach…
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NCLT dismisses case for lack of evidence in support of forfeiture of shares
NCLT dismisses case for lack of evidence in support of forfeiture of shares being invalid and illegal. Fine no evidence…
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NCLAT mandates NCLT to accept submissions of affidavit before pronouncement of its judgement
NCLAT set aside NCLT Chennai Bench mandating NCLT to accept the submission of affidavit before judgement is pronounced in compliance…
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Disqualification of Director – Options available to individual directors?
As we all are aware that in September, 2017 the government of India steps up its fight against the black…
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NCLAT mandates to comply with Company Act procedures while executing arbitral award
NCLAT, Delhi mandates necessary compliances under the Companies Act, 2013 while giving effect to the arbitral award. NCLAT further clarifies…
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NCLT levied penalty for not obtaining prior approval for related party transactions
NCLT Ahmedabad has levied penalty of Rs. 50,000/- on Maheshwari Logistics Pvt Ltd (Petitioner) under Section 629A of Company Act…
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Valuation report can be rejected by NCLT if it is patent illegality or fraud but not due to parties’ dissatisfaction
NCLT held that valuation report challenged on the ground of patent illegality, fraud, collusion or partiality. NCLT had rejected the…
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HC: Sufficient documents on record are required to controvert Petitioner allegations
HC, Bombay Bench held that Sufficient documents on record are required to controvert Petitioner allegations. HC dismissed the winding up…
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