Appeals and Appellate Authority (1) Notwithstanding anything to the contrary contained under the Companies Act, 2013 (18 of 2013), any person aggrieved by the order of the Adjudicating Authority under this part may prefer an appeal to the National Company Law Appellate Tribunal. (2) Every appeal under sub-section (1) shall be filed within thirty days before the National Company Law Appellate […]
Adjudicating Authority for corporate persons. (1) The Adjudicating Authority, in relation to insolvency resolution and liquidation for corporate persons including corporate debtors and personal guarantors thereof shall be the National Company Law Tribunal having territorial jurisdiction over the place where the registered office of a corporate person is located. (2) Without prejudice to sub-section (1) and notwithstanding anything to the contrary contained in this
Voluntary liquidation of corporate persons (1) A corporate person who intends to liquidate itself voluntarily and has not committed any default may initiate voluntary liquidation proceedings under the provisions of this Chapter. (2) The voluntary liquidation of a corporate person under sub-section (1) shall meet such conditions and procedural requirements as may be specified by the Board. (3) Without prejudice to sub-section (2), voluntary liquidation
The Patents Act, 1970, which was amended in 2005 to conform to worldwide norms, regulates the patent status in India. According to the Act, patents are given for brand-new innovations that are inventive, non-obvious, and applicable to industry. There are several stages in the Indian patent application procedure, including filing the application, having it examined,
In Uttar Pradesh, all residents of the appropriate state must possess ration card which is distributed by the department of food and civil supplies. The objective of the issue of ration card is to implement the Targeted Public Distribution System (TPDS) that provides essential commodities like rice, wheat, sugar, kerosene, fertilizers, LPG, etc. to its
Section 1 of the Income Tax Act, 1961 begins with the marginal note ‘Short title, extent and commencement’. The Act is to called the Income-tax Act, 1961 per sub-section 1. The Act extends to the whole of India per sub-section 2. The Act came into force on April 1, 1962 per sub-section 3. The history
Applicability of Chapter II to this Chapter The process for conducting a corporate insolvency resolution process under Chapter II and the provisions relating to offences and penalties under Chapter VII shall apply to this Chapter as the context may require. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST
Manner of initiating fast track corporate insolvency resolution process An application for fast track corporate insolvency resolution process may be filed by a creditor or corporate debtor as the case may be, alongwith- (a) the proof of the existence of default as evidenced by records available with an information utility or such other means as may be specified by the Board; and (b) such other information
Time period for completion of fast track corporate insolvency resolution process (1) Subject to the provisions of sub-section (3), the fast track corporate insolvency resolution process shall be completed within a period of ninety days from the insolvency commencement date. (2) The resolution professional shall file an application to the Adjudicating Authority to extend the period of the fast track
Fast track corporation insolvency resolution process. (1) A corporate insolvency resolution process carried out in accordance with this Chapter shall be called as fast track corporate insolvency resolution process. (2) An application for fast track corporate insolvency resolution process may be made in respect of the following corporate debtors, namely: – (a) a corporate debtor with assets and income below
CA Bhuvnesh Kumar Goyal
Chartered Accountants
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