Highlights:
Ministry of Corporate Affairs had notified amendment to NCLT Rules 2016 on 15 Jan 2018 and shall be effective from the same date
The Amendment is named as National Company Law Tribunal (Amendment) Rules 2019
In NCLT Rules 2016, Under Rule 71, Sub-Rule 3 Clause (b) and Sub-Rule 4 are amended. The word Central Government is replaced with Regional Director
NCLT Amendment Rules, 2019 Dated 15.01.2019
NCLT Amendment Rules, 2019
Please find the changes highlighted in below:
71. Application under proviso to clause (b) of sub-section (1) of section 61.
(1)An application for obtaining the approval of the Tribunal for the consolidation and division of all or any of the share capital into shares of a larger amount than its existing shares which results in changes in the voting pe...
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