J&K&L HC: Undenied Pleadings are Deemed Admitted by Implication under the CPC || Kerala HC: Transfer Order Pending Disciplinary Proceedings Cannot be Disguised as Punishment || Allahabad HC: GST, Incentives, 0r Festival Advances Cannot be Deducted From Employee’s Retiral Dues || SC: Absconding Accused Cannot Claim Anticipatory Bail Solely Because a Co-Accused Was Acquitted || Supreme Court: District Cricket Bodies Must Adopt Good Governance Voluntarily, Not Follow BCCI Rules || Supreme Court: Post-Award Property Purchasers Cannot Resist Execution of an Arbitral Award || SC: Telecom Spectrum is a Community Resource and its Ownership Cannot be Decided under the IBC || SC: Police Failure to Invoke IPC Provisions Led to Contractor’s Acquittal in Cement Stockpiling Case || SC: Bank’s Internal Classification of Debt as NPA Does Not Determine Limitation under the IBC || Bombay HC: Clarifies Procedure for Executing Foreign Decrees

MCA Notifies Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021 - (03 Feb 2021)

COMPANY

Ministry of Corporate Affairs (MCA) has notified the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021 so as to enable the Start-up companies to enter into a scheme of Merger and Amalgamation. The amendment notified that a scheme of merger or amalgamation under section 233 of the Companies Act, 2013 may be entered into between any of the class of companies, namely two or more start-up companies; or one or more start-up companies with one or more small companies.

Tags : MINISTRY OF CORPORATE AFFAIRS COMPANIES (COMPROMISES ARRANGEMENTS AND AMALGAMATIONS) AMENDMENT RULES 2021

Share :