NCLT

Ministry of Corporate Affairs Facility for e – Adjudication

January 28, 2023

The Ministry of Corporate Affairs launched the MCA21 to speed the access to the services of the ministry. Recently, the ministry added some key features to MCA21. They are e – adjudication, compliance management, and e-consultation. Adjudication means a judgment ..

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MCA: 60% Eligible for pre-pack turnaround Scheme

April 8, 2021

The Ministry of Corporate Affairs (MCA) recently announced that six out of ten active Indian companies are eligible for the new pre-packaged bankruptcy scheme. This is because out of the 1.3 million active companies in India, 60% belong to the ..

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Vodafone and Idea launches integrated brand identity ‘Vi’

September 7, 2020

An integrated brand identity – Vi has been announced by Vodafone and Idea which is pronounced ‘we’.  The new brand is having the tagline ‘Together for Tomorrow’. About Vodafone Vodafone is a British telecommunications company. Global headquarters of the company is based in London, England. It in ..

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DHFL becomes 1st financial services firm to be taken to NCLT

November 30, 2019

The Reserve Bank of India (RBI) has referred Dewan Housing Finance Corp. Ltd (DHFL) to the National Company Law Tribunal (NCLT) for insolvency proceedings, making it the first financial services player to go NCLT for a possible debt resolution. DHFL ..

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Committee on Companies Act, 2013 submits its report to Finance Ministry

November 19, 2019

Ministry of Finance and Corporate Affairs constituted the Company Law Committee in September 2019. The Committee submitted its report to the Finance Minister on November 18, 2019. Objective of the Committee The Committee was constituted to decriminalize the Companies Act, ..

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Companies (Amendment) Bill, 2019

July 27, 2019

Parliament has passed the Companies (Amendment) Bill, 2019. What are the amendments proposed? The Companies Act, 2013 provided that certain classes of public companies are required to issue shares in a dematerialised form (Demat) only.  The Bill expands the ambit ..