TaxCorp Corporate Laws

Corporate Laws Highlights

04-05-2022 (2022) TaxCorp(CL) 26157 (NCLT)

Various directions are issued forthwith in respect to convening/holding or dispensing with the meetings of the Shareholders, Secured and Unsecured Creditors as well as issue of notices including by way…

28-04-2022 (2022) TaxCorp(CL) 26156 (NCLT)

The meeting of the Equity shareholders, optionally convertible redeemable non-cumulative Preference shareholder, non-convertible redeemable non-cumulative preference shareholder, Secured and Unsecured…

24-11-2021 (2022) TaxCorp(CL) 26155 (SAT)

The present matter was heard through video conference due to Covid-19 pandemic. At this stage it is not possible to sign a copy of this order nor a certified copy of this order could be issued by the …

11-05-2022 (2022) TaxCorp(CL) 26154 (NCLT)

The Respondents 1 to 4 herein have filed the Company Petition bearing No. CP 02 of 2020 before the National Company Law Tribunal, Kochi Bench under various provisions of the Companies Act, 2013 including…

04-05-2022 (2022) TaxCorp(CL) 26153 (NCLT)

There is an admission on the part of the Respondents that the Petitioner has paid an amount of Rs. 10 Lakhs as part consideration for 40% shares, the total consideration being Rs. 20 Lakhs. The contention…

18-02-2022 (2022) TaxCorp(CL) 26152 (SC)

TRANSACTIONS IN SECURITIES — FRAUDULENT AND UNFAIR TRADE PRACTICES - The appellant was unable to prove that the disclosure of the entire report was necessary for him to defend the case. However, merely…

10-03-2022 (2022) 232 Comp Cas 129 (NCLT) : (2022) TaxCorp(CL) 26151 (NCLT)

VOLUNTARY LIQUIDATION — DISSOLUTION - The company was incorporated to carry on the business of manufacturing of watches and was a subsidiary company of another company. It had taken loan from Government…

11-03-2022 (2022) 232 Comp Cas 122 (NCLT) : (2022) TaxCorp(CL) 26150 (NCLT)

INSOLVENCY RESOLUTION — PETITION BY FINANCIAL CREDITOR - The corporate debtor had not entered appearance despite the notice having been issued to the corporate debtor by the registry. The notices issued…

25-03-2022 (2022) 232 Comp Cas 115 (NCLT) : (2022) TaxCorp(CL) 26149 (NCLT)

INSOLVENCY RESOLUTION — APPLICATION BY FINANCIAL CREDITOR - The one-time settlement proposal submitted by the corporate debtor had not been accepted by the financial creditor. Therefore it had admitted…

11-04-2022 (2022) 232 Comp Cas 111 (NCLT) : (2022) TaxCorp(CL) 26148 (NCLT)

INSOLVENCY RESOLUTION — PETITION BY OPERATIONAL CREDITOR ADMITTED HOLDING THAT PRIVITY OF CONTRACT BETWEEN OPERATIONAL CREDITOR AND CORPORATE DEBTOR AND DEBT DUE AND PAYABLE - The payment was made to …

15-02-2022 (2022) 232 Comp Cas 106 (NCLT) : (2022) TaxCorp(CL) 26147 (NCLT)

INSOLVENCY RESOLUTION — PETITION BY OPERATIONAL CREDITOR - The petitioners had rendered the services and there was no dispute with respect to the defect in the services. It was evident from the invoice,…

11-04-2022 (2022) 232 Comp Cas 92 (NCLT) : (2022) TaxCorp(CL) 26146 (NCLT)

INSOLVENCY RESOLUTION — APPLICATION BY FINANCIAL CREDITOR ADMITTED FINDING CLAIM DUE AND PAYABLE AND NOT BARRED BY LIMITATION - The attachment of property did not prohibit initiation of the corporate …

25-02-2022 (2022) 232 Comp Cas 85 (SC) : (2022) TaxCorp(CL) 26145 (SC)

INSOLVENCY RESOLUTION — RESOLUTION PLAN - Certain key features or stipulations of the resolution plan were sought to be amended by the appellant. Whether it was done in response to the requirement of …

27-04-2022 (2022) TaxCorp(CL) 26144 (NCLT)

Various directions with regard to holding, convening and dispensation with various meetings issued, Directions with regard to issuance with various notices also issued.

27-04-2022 (2022) TaxCorp(CL) 26143 (NCLT)

In this case, though there is no written agreement as regard to the grant of loan, nor any other document has been brought on record, but it is also evident by the conduct of all the respondents that …

27-04-2022 (2022) TaxCorp(CL) 26142 (NCLT)

There appears to be no reservation to grant sanction to the Scheme and the sanction of the present Scheme is not against public policy, nor it would be prejudicial to the public interest at large. In …

08-04-2022 (2022) TaxCorp(CL) 26141 (NCLT)

On perusing the materials made available on record along with the report of the ROC, it is opined that it would be just and equitable to revive the name of the company Well Will Infrastructures Private…

05-05-2022 (2022) TaxCorp(CL) 26140 (NCLT)

It is seen from the records that the 1st Petitioner was holding 44.33% fully paid-up share in the 1st Respondent Company and he has filed the affidavit on behalf of the 2nd Petitioner who was having 5.75%…

22-04-2022 (2022) TaxCorp(CL) 26139 (NCLT)

It is concluded that the objections/observations to the Scheme received from RD, RoC, have been adequately replied by the Petitioner Companies and hence there is no impediment in approval of the Scheme.…

21-04-2022 (2022) TaxCorp(CL) 26138 (NCLT)

Various directions with regard to holding, convening and dispensing with various meetings issued, Directions with regard to issuance of various notices also issued.

13-05-2022 Circular No. SEBI/HO/DDHS/P/CIR/2022/0063

Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ...

13-05-2022 Circular No. SEBI/HO/MIRSD/DoR/P/CIR/2022/61

Guidelines for seeking NOC by Stock Brokers / Clearing Members for setting up Wholly Owned Subsidiaries, Step Down Subsidiaries, Joint Ventures in GIFT IFSC ...

13-05-2022 Circular No. SEBI/HO/CFD/CMD2/CIR/P/2022/62

Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ...

10-05-2022 NOTIFICATION No. SEBI/LAD-NRO/GN/2022/84

Securities and Exchange Board of India (Collective Investment Schemes) (Amendment) Regulations, 2022 ...

10-05-2022 Circular No. SEBI/HO/MRD2/DCAP/P/CIR/2022/60

Changes to the Framework to Enable Verification of Upfront Collection of Margins from Clients in Cash and Derivatives segments ...

05-05-2022 NOTIFICATION No. S.O. 2099(E)

Designates the Court of Additional Judicial Commissioner, Ranchi in the State of Jharkhand as Special Court ...

05-05-2022 General Circular No. 3/2022

Clarification on passing of Ordinary and Special resolutions by the companies under the Companies Act, 2013 read with rules made thereunder on account of COVID-19-Extention of timeline ...

05-05-2022 General Circular No. 2/2022

Clarification of holding of Annual General Meeting (AGM) through Video Conference (VC) or Other Audio Visual Means (OAVM) ...

04-05-2022 NOTIFICATION No. SEBI/LAD-NRO/GN/2022/83

Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2022. ...

05-05-2022 NOTIFICATION No. G.S.R. 338(E)

Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022. ...

04-05-2022 NOTIFICATION No. G.S.R. 335 (E)

Companies (Share Capital and Debentures) Amendment Rules, 2022 ...

02-05-2022 Circular No. SEBI/HO/MRD1/MRD1_DTCS/P/CIR/2022/58

System and Network Audit of Market Infrastructure Institutions (MIIs) ...

29-04-2022 Circular No. SEBI/HO/IMD/FPI&C/CIR/P/2022/57

Modification in the Operational Guidelines for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors - SEBI to generate FPI registration number and both the Depositories to host the CAF. ...

28-04-2022 Circular No. SEBI/HO/DDHS/DDHS_Div3/P/CIR/2022/55

Reduction of timelines for listing of units of Infrastructure Investment Trust (InvIT) ...

28-04-2022 Circular No. SEBI/HO/DDHS/DDHS_Div3/P/CIR/2022/54

Reduction of timelines for listing of units of Real Estate Investment Trust (REIT) ...

27-04-2022 NOTIFICATION No. SEBI/LAD-NRO/GN/2022/82

Effective date of certain Amendments - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2022 ...

27-04-2022 NOTIFICATION No. G.S.R. 320 (E)

Companies (Registration of Charges) Amendment Rules, 2022. ...

26-04-2022 No. CORRIGENDUM

Corrigendum - Finance Act, 2022 (6 of 2022) ...

25-04-2022 NOTIFICATION No. SEBI/LAD-NRO/GN/2022/81

Securities and Exchange Board of India (Custodian) (Amendment) Regulations, 2022 ...

25-04-2022 NOTIFICATION No. SEBI/LAD-NRO/GN/2022/80

Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Fourth Amendment) Regulations, 2022 ...