Web8 Mar 2024 · Residuary jurisdiction of the NCLT under section 60(5)(c) ... “If the jurisdiction of the NCLT were to be confined to actions prohibited by Section 14 of the IBC, there would have been no requirement for the legislature to enact Section 60(5)(c) of the IBC. Section 60(5)(c) would be rendered otiose if Section 14 is held to be the exhaustive ... Web19 hours ago · The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate Insolvency Resolution Process (CIRP) of the company. Allowing FRL's plea the Mumbai bench of the National Company Law Tribunal (NCLT) has extended the deadline to July 15, 2024, for concluding the CIRP of FRL. NCLT on April 13, 2024, …
Procedure for Sub-Division or Consolidation of Share Capital
WebSection of the Companies Act, 2013 : Nature of application / petition : Fees : 1. Sec. 2 (41) Application for change in financial year : 5,000/-2. Sec. 7 (7) Application to Tribunal where company h as been incorporated by furnishing false or incorrect info or by any fraudulent action. 5,000/-3. Sec. 14 (1) Conversion of public company into a ... Web31 Dec 2024 · The Apex Court discussed the limitation on the jurisdiction of NCLT to exercise its power under Section 60(5). It held that NCLT is a creature of a special statute … bus company telford
Moratorium under IBC: Its effect on parallel proceedings - REEDLAW
WebNCLT considers the confirmations and observers to reach up to the conclusion and take choices and NCLAT as a rule audits request s and ... x Section proviso to Section 14(1) and Section 14(2) which discusses the modification of … Webderogation of the moratorium imposed under Section 14 of the Code. The NCLT, by order dated 02.04.2024, dismissed the aforesaid application, stating that Section 14(1)(d) of the Code does not cover licenses to enter upon land in pursuance of Joint Development Agreements, stating that such licenses would only be ‘personal’ and not interests WebOrder under Section 60(5), 30 & 31 r.w Rule 11 of NCLT,2016 IA/420(AHM)2024in N THE MATTER OF: M2K Developers Pvt Ltd V/s Ramchandra D Choudhary RP of Anil Mega Food Park Pvt Ltd ... Authority under section 14 shall cease to have effect; and (b) the resolution professional shall forward all records hand and power tools video