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REVIVAL & REHABILITATION AND WINDING UP - Proposed Amendments in the Companies Act 2013

News and Press Release - Dated:- 2-2-2016 - 29.1 As part of its mandate, the CLC also considered the recommendations made in the Interim Report of the Bankruptcy Law Reforms Committee (BLRC) that had suggested amendments to Chapters XIX (Revival and Rehabilitation of Sick Companies) and XX (Winding up) of the Companies Act, 2013 in February, 2015. Although the CLC reviewed and deliberated on those recommendations in detail, the BLRC came out with its final report very recently, in November, 2015 .....

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