Learn about the National Company Law Appellate Tribunal’s (NCLAT) power to recall judgments. Recent rulings clarify that while NCLAT cannot review its judgments, it can use inherent powers under Rule 11 of NCLAT Rules, 2016, to recall judgments in case of procedural errors. Explore the nuances of this legal power and the distinction between review and recall. Stay informed on the latest legal developments.
The sub section (4) of section 62 of companies act 2013, also talks about conversion of loans, debentures raised from government into equity of the company when it may be necessary in public interest however it doesn’t specifically mention conversion only when the company is in distress
Explore the rotation of auditors team under the Companies Act, 2013. Learn about the provision, its implications, and considerations for companies.
Unlock the secrets of Coca-Colas success! Learn about Non-Disclosure Agreements (NDAs) and how they preserve confidential information. Explore the types, essential clauses, and importance of NDAs in safeguarding trade secrets, technology, and business strategies.