Companies Act

Application for takeover offer of unlisted company to NCLT. Fees and documents to be sent

Application for takeover offer of unlisted company to NCLT. Fees and documents to be sent

Government of India
Ministry of Corporate Affairs
Notification

New Delhi, dated the 3rd February, 2020

G.S.R._ (E).- In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 469 read with section 230 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the National Company Law Tribunal Rules,2016, namely:_

1. Short title and commencement.- (1) These rules may be called the National Company Law Tribunal (Amendment) Rules, 2020.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the National Company Law Tribunal Rules, 2016 (hereinafter referred to as the principal rules), after rule 80, the following rule shall be inserted, namely:-

80A Application under section 230. – An application under sub-section (12) of section 230 may be made in Form NCLT-1 and shall be accompanied with such documents as are mentioned in Annexure B.”.

3. In the principal rules, in the SCHEDULE OF FEES, after S.No.22 and the entries relating thereto, the following shall be inserted, namely:-

“22A Sec
230(12)
Application in cases of takeover
offer of companies which are not listed
Rs. 5000″

4. In the principal rules, in Annesure-A under the heading Form No. letter NCLT 1, after the figure ’80’, the figure and letter “80A” shall be inserted. 

5. In the principal rules, in Annexure-B, after S. No.12 and the entries relating thereto, the following S.No. shall be inserted, namely:-

“12A Sec
230(12)
Application in cases of
takeover offer of companies
which are not listed.

l. Affidavit
verifying the
petition

2. Memorandum
of appearance
with copy of the
Board’s
Resolution or the
executed
vakalatnama, as
the case may be.

3. Documents in
support of the
grievance against
the takeover.

4. Any other
relevant
document.”

[ F. No. 1/30/2013-CLV]

(K V R Murty)
Joint Secretary to the Government of India

Download Notification Click Here >>

Share

Recent Posts

  • Income Tax

Form 26 to replace Form 3CD of tax audit report by a CA from Tax Year 2026-27

Form 26 to replace Form 3CD of tax audit report from Tax Year 2026-27 Draft Form 26 has been issued…

1 hour ago
  • Income Tax

When no addition is made on the basis of reasons recorded, reopening is bad in law

When AO do not make any addition on the basis of the reasons on which the reopening was done, the…

3 hours ago
  • Insurance

No separate compensation for loss of love and affection under MV Act – SC

Under MV Act separate compensation can not be granted under the head “loss of love and affection” – Supreme Court…

21 hours ago
  • Income Tax

Trust accredited by National Open School eligible for registration u/s 12AB & u/s 80G

Trust accredited by National Institute of Open Schooling eligible for registration u/s.12AB and u/s 80G of the Act. In a…

1 day ago
  • Income Tax

Delay in furnishing Form 10B – Covid Period to be excluded as per decision of Supreme Court

Delay in furnishing Form 10B – Period between 15.03.2020 till 20.08.2022 to be excluded as per decision of Hon'ble Supreme…

3 days ago
  • Income Tax

Section 271AAB does not grant any immunity from penalty in terms of section 273B

Section 271AAB does not grant any immunity from penalty even if the assessee was able to show some reasonable cause…

3 days ago