Companies LawLegal Updates

MCA issue list of documents to be submitted along with takeover application for non- listed companies

MCA Updates

 

MCA has issued National Company Law Tribunal (Amendment) Rules,2020 wherein Rule 80 A has been inserted.

Rule 80A list down the following documents which are submitted with application in cases of takeover offer of companies which are nor listed under Section 230 (12) :- 

1.Affidavit verifying the petition

2. Memorandum of appearance with copy of the Board’s Resolution or the executed vakalatnama, as the case may be.

3. Documents in support of the grievance against the takeover.

4. Any other relevant document.

In addition, along with the application Rs. 5000 fees has to be sent along with the application.

Below is the link of the National Company Law Tribunal (Amendment) Rules, 2020 :- 

http://www.mca.gov.in/Ministry/pdf/Rules3_04022020.pdf

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