Ahmedabad Bench of NCLT to exercise jurisdiction over Madhya Pradesh till Indore Bench becomes operative

Ahmedabad Bench of National Company Law Tribunal (NCLT) to exercise temporary jurisdiction over Madhya Pradesh till operationalization of Indore Bench

MINISTRY OF COPRPORATE AFFAIRS

NOTIFICATION

New Delhi, the 31st January, 2020

S.O. 484(E).—In exercise of the powers conferred by sub-section (1) of section 419 of the Companies Act, 2013 (18 of 2013), and in pursuance of Order of Hon’ble National Company Law Appellate Tribunal (NCLAT) dated 8th January, 2020 in Company Appeal No. 227 of 2019 with Company Appeal No. 228 and 229 of 2019, the Central Government hereby notifies that jurisdiction of State of Madhya Pradesh will be exercised by Ahmedabad Bench of National Company Law Tribunal (NCLT) till the operationalization of Indore Bench of NCLT, which will be notified by the Central Government by a subsequent notification.

[F. No. A-45011/44/2018-Ad.IV]

GYANESHWAR KUMAR SINGH, Jt. Secy

• CIT notice u/s 263 quashed as AO rightly took DVO value of property as actual sale price
• Extension of timeline for implementation of Ship To GSTIN & Voluntary Closure of E-Way Bill functionalities
• No protective addition required when additions is confirmed in hands of searched person – ITAT
• Limitation u/s 34 of Arbitration Act commences on disposal of application u/s 33 by Arbitral Tribunal – SC
• Case remanded in absence of finding if disallowance u/s 40A(3) covered by Rule 6DD