India:
Companies (Transfer of Pending Proceedings) Rules, 2016
21 March 2017
S&A Law Offices
To print this article, all you need is to be registered or login on Mondaq.com.
The Ministry of Corporate Affairs vide notification No. G.S.R.
1119(E) dated December 07, 2016 has notified, Companies (Transfer
of Pending Proceedings) Rules, 2016 (hereinafter referred to as
'Rules') to provide for transfer of matters pending before
Company Law Board to National Company Law Tribunal (hereinafter
referred to as 'NCLT'). The Rules bifurcate the pending
proceedings as follows:
- Proceedings relating to cases other
than winding up, such as arbitration, compromise, arrangement and
reconstruction, etc.;
- Cases relating to winding
up;
A brief summary of these Rules are provided below
To view the full article please click
here
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Corporate/Commercial Law from India
Reshaping Group Companies Doctrine
Anagram Partners
A five Judge Constitution Bench of the Supreme Court, in Cox and Kings Ltd. vs SAP Pvt. Ltd. ("Cox and Kings"), delivered a ruling on the Group of Companies' doctrine ("GCD").
Revisiting Representation And Warranty Clauses
Obhan & Associates
Clauses related to representations, warranties and indemnifications are widely negotiated clauses of commercial contracts especially in M&A transactions. The interests of the parties to a contract typically do not align with respect ...
Mergers & Acquisitions Comparative Guide
Dolce Vita Advisors
Mergers & Acquisitions Comparative Guide for the jurisdiction of India, check out our comparative guides section to compare across multiple countries