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Suraj Sharma

Latest Posts by Suraj Sharma

Relaxation In Filling Form Chg -1 And Form Chg – 9

June 18, 2020 5517 Views 0 comment Print

‘Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013’ (‘Scheme’) by which relaxation has been granted in filling Form CHG – 1 and Form CHG – 9.

Eligibility of Resolution Applicant : Section 29A of IBC Code, 2016

April 20, 2020 65778 Views 2 comments Print

Section 29A of the Insolvency and Bankruptcy Code, 2016 has emerged as one of the key statutes in determining the eligibility of Resolution Applicants in the Corporate Insolvency Resolution Process. The Code, in its original form had not incorporated any provisions to prevent defaulting promoters from buying-back the corporate debtor, which could occur potentially at steep discounts.

Share Capital Reduction under Companies Act 2013

April 2, 2020 61164 Views 0 comment Print

Reduction of share capital is often resorted to by companies for internal restructuring or altering their capital structure; it entails reduction of issued, subscribed and paid up share capital (either equity shares or preference shares or both) of a company.

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