Validity of direction issued to the Registrar of Companies to ...

Insolvency and Bankruptcy

August 17, 2021

Validity of direction issued to the Registrar of Companies to inspect the books and conduct inquiries - Serious irregularities have been found in the forensic audit report - the Adjudicating Authority ordered that the companies' Registrar exercise its power as available to it under Sections 206 and 207 of the Companies Act 2013. It is also important to mention that under Section 206 of the Companies Act, the Registrar is empowered to act on any information he receives. Considering the circumstances of the case, we do not find any irregularity or illegality in passing the impugned Order. - AT

View Source

← Previous Next →

Validity of direction issued to the Registrar of Companies to ...

Insolvency and Bankruptcy

August 17, 2021

You may also like:

Power of SEBI to initiation action against Chartered Accountant (CA) / Auditor of the company - Once there is a finding that the appellants have not manipulated the...

MAT computation - Book profit u/s 115JB - once the accounts of the company have been scrutinized and certified by statutory auditors and approved by the Company in...

Validity of reopening of assessment - Enquiry to be conducted before issuance of a notice by the AO u/s 148A(a) - The High court found that conducting an inquiry before...

Revision u/s 263 - When the order of the AO suffers from a complete lack of enquiry, then the above said principle has no application due to the obvious reason that the...

Revision u/s 263 - the facts demonstrate that necessary enquiry have been conducted by the AO and relevant documents regarding the issue was received by the AO - CIT may...

Validity of reopening of assessment - notice against non existent entity / amalgamated company - Notices issued.

Direction issued to the Appellant / ROC, West Bengal to restore the name of the Company for completion of ‘Corporate Insolvency Resolution Process’ effectively in the...

Revision u/s 263 - the AO also mentioned in the order that “The Documents as submitted by the assessee were examined and placed on record”, however no remark on the...

Determination of differential amount of GST - validity of summons and enquiry proceedings - petitioner-company has expressed its intention to contest the proceedings...

Validity of order of NCLT issuing Direction to IBBI not to initiate any enquiry till further orders, if any enquiry is initiated, the same be halted till further...

- Dishonor of Cheque - vicarious liability of Director - The Petitioner resigned from the Company on 05.02.2016. Therefore, as per the details regarding the Directors of...

Revision u/s 263 - As the assessment was completed after making required amount of enquiry and there was no lake of enquiry or investigation by the AO on the issues...

Jurisdiction - power of High Court in issuing extra-ordinary directions - Investigation under the provisions of Section 212 and Section 219 of the Companies Act, 2013 -...

Revision u/s 263 by CIT - no enquiry v/s incomplete enquiry - The valuation was carried at the insistence of the ld. AO to verify the physical existence of the property...

Oppression and mismanagement - conduct of due election of the Board of Directors - Lame excuses to conduct the election cannot be accepted for not conducting the...

Quick Updates: