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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.
A Lok Adalat can take up civil cases (including marriage and family disputes) and compoundable criminal cases. The decision of a Lok Adalat deciding any case coming before it is deemed as final, and any award or decree issued is enforceable on competing parties. [16] Additionally, the issued order cannot be recalled or reviewed by the court.
Two Indian chemical companies have been indicted for allegedly importing ingredients for the highly addictive opioid fentanyl into the United States and Mexico, the U.S. Department of Justice said ...
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 ...
They should be thrown away or can be returned to their place of purchase. Customers with questions about the recall can contact Tyson Consumer Relations at (855)-382-3101. Show comments
The plea for insolvency was submitted by company on 23 January 2017. The resolution plan was submitted to NCLT within a period of 180 days as required by the code, and the approval for the same was received on 2 August 2017 from the tribunal. The final order was uploaded on 14 August 2017 on the NCLT website. [5]
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 ...