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The National Company Law Tribunal (NCLT) is a quasi-judicial body in India that adjudicates issues relating to Indian companies. [1] The tribunal, established under the Companies Act 2013, was constituted on 1 June 2016 by the government of India and is based on the recommendation of the V. Balakrishna Eradi committee on law relating to the insolvency and the winding up of companies.
The National Company Law Appellate Tribunal (NCLAT) is a tribunal which was formed by the Central Government of India under Section 410 of the Companies Act, 2013.The NCLAT was formed as a body with an appellate jurisdiction at the same time when NCLT was established as a major reform as per powers granted to the Ministry of Corporate Affairs in India.
The board can take other actions including changes to management, amalgamation of the sick unit with a healthy one, sale or financial reconstruction. [4] The Board can recommend a sick industrial company for winding up. [12] The BIFR was intended to bridge the legal gap between sickness and revival.
If you happen to have purchased the affected products in question, you can return them to the warehouse you purchased them from or contact the American Foods Group hotline at (800) 829-2838 or ...
In the U.S. legal system, service of process is the procedure by which a party to a lawsuit gives an appropriate notice of initial legal action to another party (such as a defendant), court, or administrative body in an effort to exercise jurisdiction over that person so as to force that person to respond to the proceeding in a court, body, or other tribunal.
BrucePac announced a recall of all ready-to-eat meat and poultry items made in that facility between June 19 and Oct. 8. That culminates to about 9,986,245 pounds of beef, pork, turkey — and ...
BlendJet is recalling about 4.8 million of its portable blenders over laceration and fire hazards after receiving dozens of reports of injuries, federal regulators said Thursday. BlendJet 2 ...
A product recall is a request from a manufacturer to return a product after the discovery of safety issues or product defects that might endanger the consumer or put the maker or seller at risk of legal action. Product recalls are one of a number of corrective actions that can be taken for products that are deemed to be unsafe.