National Company Law Tribunal Rules, 2016 Definitions and Its Analysis
Ministry of Corporate affairs wide notification, 1st Day of June, 2016 NCLT and NCLAT become reality and as on date of 21 st Day of July, 2016, Central Government exercise the power conferred by section 469 of the Companies Act, 2013 make rules which is called National Company Law Tribunal Rules, 2016. DEFINITIONS UNDER NATIONAL COMPANY LAW TRIBUNAL RULES, 2016 Application : - A ny application, interlocutory application or proceedings filed under the provisions of the Act, including any transferred application or transferred petition as defined under sub-rule (29) Transferred Application or Transferred Petition - Any proceeding which has been transferred to the Tribunal from the Company Law Board, the High Court, District Court, Board for Industrial and Financial Reconstruction as provided in clause (a), (c) and (d) of sub-section 1 of section 434 of the Act; As per Clause (a), (c) and (d) of Sub-section 1 of section 434 says about:- a. ...