NCLT

National Company Law Tribunal (NCLT) Notified – CLB dissolved

The Ministry of Corporate Affairs has issued notification for constitution of the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) with effect from today i.e. 1st June, 2016. Hon’ble Justice S.J. Mukhopadhaya, Judge (Retd.), Supreme Court of India has joined as the Chairperson of the NCLAT and Hon’ble Justice M.M.Kumar, Judge… Read More

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National Company Law Tribunal (NCLT ) constitution may get delayed

The government is likely to get delayed in notifying the provisions concerning the National Company Law Tribunal (NCLT) and its appellate body (NCLAT). Till date, around 60 per cent of the Companies Act, 2013 ” which has a total of 470 sections and seven schedules ” has been notified and enforced. Most of the remaining… Read More

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MCA Finalizes Rules for NCLT (Salary of Chairperson & Other Members) – to be notified in Official Gazette

The Ministry of Corporate Affairs has finalized some of the Rules leading to the formation of NCLT. The first set of rules will be called the National Company Law Tribunal (Salary, Allowances and other Terms and Conditions of Service of Chairperson and other Members) Rules, 2013, will be published in the Official Gazette of India. The… Read More

Tags: AllowancesCompanies ActCorporate Affairs MinistryIndiaLokSabhaNCLTOfficial Gazette of IndiaSecurities & Exchange Board of India

MCA Finalizes Rules for NCLT (Salary of President & Other Members) – to be notified in Official Gazette

The Ministry of Corporate Affairs has finalized some of the Rules leading to the formation of NCLT. The first set of rules will be called the National Company Law Tribunal (Salary, Allowances and other Terms and Conditions of Service of President and other Members) Rules, 2013, will be published in the Official Gazette of India. The… Read More

Tags: AllowancesCompanies ActCorporate Affairs MinistryGovernmentGovernment of IndiaIndiaLokSabhaNational Company Law TribunalNCLTOfficial GazetteOfficial Gazette of IndiaSachin Pilot

NCLT will take over and re-hear all CLB cases, in which verdicts have been reserved

The advent of the Companies Act 2013, has provided a new lease of life for many judgments which have been reserved by the Company Law Board. Under the Companies Act 2013, National company Law tribunals will be taking over the hearing of all cases related to Company Law. It has come to the notice that… Read More

Tags: Companies ActCompanies Act 1956Companies Act 2013Company Law BoardCorporate Affairs MinistryMadras High CourtNCLTSupreme Court

Commencement Notification CA2013 :: National Company Law Tribunal :: Section 414 :: Salary, allowances and other terms and conditions of service of Members

Chapter XXVII-National Company Law Tribunal and Appellate Tribunal (407 - 434) Section 414- Salary, allowances and other terms and conditions of service of Members The salary, allowances and other terms and conditions of service of the Members of the Tribunal and the Appellate Tribunal shall be such as may be prescribed: Provided that neither the… Read More

Tags: BusinessContractual termDictionariesEvening StandardNational Company Law TribunalNational Company Law Tribunal and Appellate TribunalNCLTSalaryWeekender

Commencement Notification CA2013 :: National Company Law Tribunal :: Section 407 :: Definitions

Chapter XXVII-National Company Law Tribunal and Appellate Tribunal (407 - 434) Section 407- Definitions In this Chapter, unless the context otherwise requires,” (a) Chairperson means the Chairperson of the Appellate Tribunal; (b) Judicial Member means a member of the Tribunal or the Appellate Tribunal appointed as such and includes the President or the Chairperson, as… Read More

Tags: Annual General MeetingAppellate TribunalChairmanChairpersonCompanies ActCompanyIndiaJudicialLawNational Company Law Tribunal and Appellate TribunalNCLTServices

M&A – At the Onset of Companies Bill

Mergers and Acquisitions have been governed by a large number of individual laws in India. However, the Companies Act, 1956 is the prime regulator of companies when it comes to its legal framework and is guiding the reconstruction of Indian companies over 50 years from now. Since then there has been a substantive growth in… Read More

Tags: BillBusinessCompanies ActCorporate lawIndiaMergers and acquisitionsNCLTShareholderThe Companies Act 1956

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