Page-2 of NCLT Current Affairs, GK & News

The amendment of Companies Act, 2013

July 17, 2019

The Companies Act, 2013 was passed by the Indian Parliament to consolidate and amend the law relating to companies. What is the Companies Act, 2013? It regulates the incorporation of a company, the responsibilities of a company. appointment of directors and other laws related to the dissolution of a company. It replaces any earlier act, ..

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 Induslnd Bank- BFIL merger to be effective from July

June 21, 2019

The merger of Induslnd Bank and Bharat Financial Inclusion Ltd (BFIL) will be effective from 4 July 2019. This decision to file National Company Law Tribunal (NCLT) Order on 4 July, by lender IndusInd , BFIL and IFIL with Registrar of Companies was taken by the boards of IndusInd and BFIL. Key Highlights Background: In ..

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Two years of insolvency and Bankruptcy Code (IBC)

January 6, 2019

The Union Finance Minister Arun Jaitley has written a Facebook post titled ‘Two years of insolvency and Bankruptcy Code (IBC)”. In the post, he explains how things have been changed after the IBC was passed by the Parliament. Once the IBC was passed by the government, the government took immediate steps to set up Insolvency ..

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