In view of the Supreme Court order dated 14th May, 2015, the process for constitution of NCLT/NCLAT has been undertaken and these bodies are likely to be set up shortly. In the said direction, the Ministry had set-up a Committee on 17th July, 2015 to examine the draft Rules w.r.t procedure to be followed NCLT/NCLAT. The said Committee has since made recommendations on draft rules w.r.t. following matters:-
- Rules on Compromises, Arrangements and Amalgamation;
- Rules on Prevention of Oppression and Mismanagement; and
- Rules on procedure to be followed by NCLT and NCLAT;
Click on any of rules to download the file
MCA vide press release dated 28th January 2016 has decided to invite suggestions / comments on the above draft rules. Suggestions/comments on above mentioned draft rules along with justification in brief (format mentioned below) may be addressed/sent latest by 17th February, 2016 through email at ncltrules@mca.gov.in. It is requested that the name, Telephone number and address of the sender should be indicated clearly at the time of sending suggestions/comments.
FORMAT
Chapter No. / Name of Chapter _______________
Name, Address, Contact No. of Stake holder
SL.No | Rule / Form No | Suggestion | Justification |