ARTICLE ON REDUCTION OF SHARE CAPITAL

PROCEDURE BEFORE NCLT UNDER COMPANIES ACT, 2013

On 07^th December, 2016, Ministry of Corporate Affairs (MCA) has vide its Commencement Notification notified various sections of Companies Act, 2013 which includes arbitration, compromise, arrangements and reconstruction and winding up companies which has come into force with effect from 15^th December, 2016. The Section...Continue Reading

INTRODUCTION:

Bankruptcy is a legal status usually imposed by a Court, on a firm or individual unable to meet debt obligations. The current Indian Bankruptcy legal framework is highly complex, developed out of multiple judicial forums resulting in a lack of clarity and certainty in jurisdictions. Decisions are often appealed, stayed or overturned by judicial forums having concurrent or overlapping...Continue Reading