MCA UPDATE
National Company Law Tribunal (NCLT) and its Appellate Authority is at an advanced stage of constitution. After its constitution, it is proposed to commence the provisions relating to Revival of sick companies (Chapter XIX) of Companies Act, 2013. The draft Rules for the said provisions have been prepared by a Committee consisting of Ministry officials and Experts drawn from various fields.
Ministry of Corporate Affairs invite comments / suggestions on the draft rules w.r.t Revival and Rehabilitation of Sick Companies Related Provisions under the Companies Act, 2013
The suggestions / comments on the above said rules along with justification in brief may be sent latest by 14th March, 2016 through email at Revival.rules@mca.gov.in.
The name, Telephone number and address of the sender should be indicated clearly at the time of sending suggestions/comments.
