0 comments on “Chapter-XVII Registered Valuers (Companies Act, 2013)”

Chapter-XVII Registered Valuers (Companies Act, 2013)

COMPANIES ACT, 2013 CHAPTER XVII REGISTERED VALUERS Section 247: Valuation by Registered Valuers (Notified Date: 18.10.2017): "247.(1) Where a valuation is required to be made in respect of any property, stocks, shares, debentures, securities or goodwill or any other assets…

0 comments on “Clarification regarding approval of resolution plans under section 30 and 31 of Insolvency and Bankruptcy Code, 2016”

Clarification regarding approval of resolution plans under section 30 and 31 of Insolvency and Bankruptcy Code, 2016

MCA has issued clarification regarding approval of resolution plans under section 30 & 31 of  Insolvency and Bankruptcy Code(IBC), 2016. Link for full download the circular as below: http://www.mca.gov.in/Ministry/pdf/CircularIBC_25102017.pdf

0 comments on “Companies (Removal of Difficulties) Second Order, 2017 (Companies Act, 2013)”

Companies (Removal of Difficulties) Second Order, 2017 (Companies Act, 2013)

COMPANIES ACT, 2013 CHAPTER XVII REGISTERED VALUERS MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 23rd October, 2017 S.O. 3400.(E).—Whereas, sub-section (1) of section 247 of the Companies Act, 2013 (18 of 2013) (hereafter referred to as the said Act)…

0 comments on “Delegation of the powers and functions vested in it under section 247 of the Companies Act, 2013 to the Insolvency and Bankruptcy Board of India”

Delegation of the powers and functions vested in it under section 247 of the Companies Act, 2013 to the Insolvency and Bankruptcy Board of India

COMPANIES ACT, 2013 CHAPTER XVII REGISTERED VALUERS MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 23rd October, 2017 S.O. 3401 (E).—In exercise of the powers conferred by section 458 of the Companies Act, 2013 (18 of 2013), the Central Government…

0 comments on “Effect of Section 14(1)(a) is that the arbitration that has been instituted after the aforesaid moratorium is non est in law- Alchemist Asset Reconstrution Company Ltd. Vs. M/S. Hotel Gaudavan Pvt. Ltd. & Ors.- Supreme Court”

Effect of Section 14(1)(a) is that the arbitration that has been instituted after the aforesaid moratorium is non est in law- Alchemist Asset Reconstrution Company Ltd. Vs. M/S. Hotel Gaudavan Pvt. Ltd. & Ors.- Supreme Court

Case Reference: Case Name : Alchemist Asset Reconstrution Company Ltd. Vs. M/S. Hotel Gaudavan Pvt. Ltd. & Ors. Appeal No. : Civil Appeal No. 16929 Of 2017 Appeal Ref. : S.L.P. (C) No. 18195/2017 Appellant(s) : Alchemist Asset Reconstrution Company…

0 comments on “Companies (Registered Valuers and Valuation) Rules, 2017 (Companies Act, 2013)”

Companies (Registered Valuers and Valuation) Rules, 2017 (Companies Act, 2013)

COMPANIES ACT, 2013CHAPTER XVII REGISTERED VALUERSCompanies (Registered Valuers and Valuation) Rules, 2017*CHAPTER IPRELIMINARY Rule: 1. Short title, commencement and application Rule: 1. 1[Short title, commencement and application](1) These rules may be called the Companies (Registered Valuers and Valuation) Rules, 2017.(2)…

0 comments on “Right to apply under IB Code accrues only on or after 1st December, 2016 and not before the said date- Black Pearl Hotels Pvt. Ltd. (Operational Creditor) Vs. Planet M Retail Ltd.- NCLAT”

Right to apply under IB Code accrues only on or after 1st December, 2016 and not before the said date- Black Pearl Hotels Pvt. Ltd. (Operational Creditor) Vs. Planet M Retail Ltd.- NCLAT

Brief about decision: Insolvency and Bankruptcy Code, 2016 has come into force with effect from 1st December, 2016 and therefore, the right to apply under this Code accrues only on or after 1st December, 2016. Analysis of the case: Section…