Daily Archives: November 17, 2016

Eleventh Schedule of Insolvency and Bankruptcy Code, 2016

By | November 17, 2016
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Eleventh Schedule, Insolvency and Bankruptcy Code, 2016 THE ELEVENTH SCHEDULE (See section 255) AMENDMENTS TO THE COMPANIES ACT, 2013 (18 OF 2013) 1. In section 2,— (a) for clause (23), the following clause shall be substituted, namely: — “(23) “Company Liquidator” means a person appointed by the Tribunal as the Company Liquidator in accordance with… Read More »

Ninth Schedule of Insolvency and Bankruptcy Code, 2016

By | November 17, 2016
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Ninth Schedule, Insolvency and Bankruptcy Code, 2016 THE NINTH SCHEDULE (See section 253) AMENDMENT TO PAYMENT AND SETTLEMENT SYSTEMS ACT, 2007 (51 OF 2007) 1. In section 23, in sub-sections (4), (5) and (6), after the words and figures “the Banking Regulation Act, 1949” “the Companies Act, 2013”, the words and figures “or the Insolvency… Read More »

Seventh Schedule of Insolvency and Bankruptcy Code, 2016

By | November 17, 2016
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Seventh Schedule, Insolvency and Bankruptcy Code, 2016 THE SEVENTH SCHEDULE (See section 251) AMENDMENT TO THE SECURITIZATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 (54 OF 2002) In section 13, in sub-section (9), for the words “In the case of”, the words and figures “Subject to the provisions of the… Read More »