Compliances

Conversion of Section 8 company into Private Company

THE PROVISIONS WHICH DEAL WITH THE CONVERSION OF SEC 8 COMPANY INTO PRIVATE COMPANY Section 8 of the Companies Act, 2013. Rule 21 of the Companies Incorporation Rules, 2014. Rule 22 of the Companies Incorporation Rules, 2014. Rule 23 of the Companies Incorporation Rules, 2014 The procedure for conversion of sec 8 company into private company as follows:- 1. Company […]

Compliances Synergy Insolvency

Operational Creditor Successfully Dragging Corporate Debtor To NCLT For Failure To Pay Undisputed Overdue Debt – Sec.9 IBC

An application was filed by the operational creditor under Section 9 of the Code, 2016 for commencing Insolvency Proceeding against the corporate debtor. A satisfactory case of default was made out by the petitioner against the corporate debtor. The NCLT, admitted the application, declared moratorium and appointed IRP. An insolvency application was filed by the […]