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NCLAT

Authorized Representative to File Petition under ‘I&B Code’

September 20, 2017 13137 Views 1 comment Print

National Company Law Appellate Tribunal in the matter of Palogix Infrastructure Private Limited Vs. ICICI Bank Limited has promulgated that an Authorized Representative can file petition under Insolvency and Bankruptcy Code, 2016

NCALT penalises for non-appointment of whole time secretary

March 15, 2017 4431 Views 0 comment Print

The Appellant being not satisfied with the compounding of fine has challenged the order dated 30th September, 2016 passed by National Company Law Tribunal, (hereinafter referred to as the Tribunal), Ahmedabad Bench, in TP No.154/621A/NCLT/AHM/2016 (New), CA No.90/621A/CLB/MB/2013 (Old).

Dispensing with requirement for convening meeting of Equity Shareholders not possible: NCLT

January 13, 2017 2322 Views 0 comment Print

In relation to the dispensation of the meeting of the equity shareholders of the Transferor Company is concerned we are not inclined to grant dispensation taking into consideration the provisions of Companies Act, 2013 and the rules framed there under both of which expressly do not clothe this Tribunal with the power of dispensation in relation to the meeting of shareholders/members.

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