Directions on Notice for Meetings of the Committee of Creditors (CoC) under section 24(3)(a) of the IBC 2016
The interim resolution professional or the resolution professional has been directed that he shall, in every notice of meeting of the CoC and any other communication addressed to the financial creditors, require that they must be represented in the CoC or in any...Clarification in case of transfer of securities in dematerialized form with a depository
In continuation to the amendment made in Regulation 40 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015) related transfer of securities in dematerialized form with a depository, following clarification has been issued by SEBI on August 10,...
Dormant Company under Companies Act, 2013
Background Under Companies Act, 1956, a company which does not submit its Annual Filings for three consecutive years would be declared as dormant company. However, there was no specific provision for the same. But now under Companies Act, 2013, recognition has been...
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