NCLT – Quasi-judicial Adjudicating Authority under Companies Act, 2013Lex Bolster
Companies that are registered under section 25 of the Companies Act, 1956 or section 8 of the Companies Act. Entities Eligible To File Application To NCLT Against Registrar Order The entities who have been afflicted by the order of the Registrar can file their restoration application to the Nati...
that requires approval of NCLT. Broadly, this can be seen under: • Process • Transparency • Time line 34 Highlights of the revised process are as under: • Fast track merger: 2013 Act contains provisions that would expedite merger process between 2 or more 'small companies' and ...
requiring "that all industrial units obtain licenses from the central government."The 1956 Industrial Policy Resolution "stipulated that the public sector would dominate the economy." To put this
ii. the transfer of any share or other interes t of a member of the company requires the unanimous resolution of all the other members. an LDC must have at least two members and i ts name must incl ude the words "Limi ted Duration ...
The Applicability of the Insolvency and Bankruptcy Code (2016) to Insurance Companies - NCLT Order in the matter of Aviva Life - An AnalysisPatwardhan, M. C.BimaQuest: The Journal of Insurance & Management
Through the implementation of green credit, the banking industry guides the flow of funds and resource allocation and achieves sustainable development under the premise of the triple bottom line of the environment, society and economy. Therefore, green credit requires commercial banks to take a "...