MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, 12th August, 2016 G.S.R. 791(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Share Capital and Debentures) Rules, 2014, namely:— 1. (1)… Read More »
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 10th August, 2016 S.O. 2677(E).—In exercise of the powers conferred by section 410 of the Companies Act, 2013, the Central Government hereby appoints Shri Balvinder Singh, as Technical Member in the National Company Law Appellate Tribunal in the pay scale of Rs. 80,000/- (fixed) with effect from… Read More »
SECTION 71 OF THE COMPANIES ACT, 2013 ISSUANCE OF RUPEE BONDS TO OVERSEAS INVESTORS BY INDIAN COMPANIES GENERAL CIRCULAR NO.9/2016 [NO.1/21/2013-CL-V], DATED 3-8-2016 The Ministry has received references from stakeholders seeking clarity on applicability of provisions of Chapter III of the Companies Act, 2013 (Act) and rule 18 of Companies (Share Capital and Debenture) Rules,… Read More »
INCORPORATION OF NIDHI COMPANIES The Dictionary Meaning of Nidhi in Indian Context “In the Indian context / language means “TREASURE”. However, in the Indian financial sector it refers to any mutual benefit society notified by the Central / Union Government as a Nidhi Company. Nidhi Companies are created mainly for cultivating the habit of thrift… Read More »
NCLT Appeal Filing Procedure ( NCLT Appeal Filing Procedure As per National Company Law Tribunal Rules 2016) Sitting hours of NCLT The sitting hours of the Tribunal shall ordinarily be from 10:30 AM to 1:00 PM and 2:00 P.M. to 4:30 PM, subject to any order made by the President. Working hours of NCLT (1) Except… Read More »
FORM NO.NCLT. 11 (See rule 73) APPLICATION BY DEPOSITOR UNDER SECTION 73 (4) OR 76(2) OR BY COMPANY U/S 74(2) OR BY DEBENTURE HOLDER OR DEBENTURE TRUSTEE UNDER SECTION 71 (10) OF THE ACT OR SECTION 45QA OF THE RESERVE BANK OF INDIA ACT, 1934 (*delete whichever is not applicable) [HEADING AS IN FORM NO.… Read More »
FORM NO.NCLT.10 (see rule 46) APPLICATION FOR THE REGISTRATION OF A INTERN OF AUTHORISED REPRESENTATIVE UNDER THE RULES 1. Name of Authorised Representative referred under these rules on whose behalf the intern is to be registered. 2. Particulars of the intern to be registered (i) Full name (in capitals) (ii) Address with contact no. and… Read More »
FORM NO.NCLT. 9 [see rule 72, 76, 82, 84, 88 and 154 and also General Form for all purposes if no specific form is prescribed under these rules and Forms] [HEADING AS IN FORM NCLT. 4] Company Petition No . . . . . . . of 20 …. Details of Application/ Petition: Particulars of… Read More »
FORM NO.NCLT 8 [See rule 56] [HEADING AS IN FORM NCLT. 4] Company Petition No of . . . . . . . . .20 . . . . . . . . . . . . Application for Execution of Order under clause (3) of section 424 of the Act with reference to a… Read More »
FORM NO. NCLT. 7 [See rule 39] [HEADING AS IN FORM NCLT. 4] Company Petition No . . . . . . . . . of 20 . Affidavit by way of evidence I, A.B., son of . . . . . . . . . . , aged . . . . . .… Read More »