NCLT (Amendment) Rules 2016 notified by MCA

MCA Notifies NCLT (Amendment) Rules 2016

The Ministry of Corporate Affairs has amended the ‘National Company Law Tribunal Rules, 2016’ and has notified the NCLT Amendment Rules, 2016, applicable from the date of publication in the Official Gazzette, as under:

MCA Notification dt. 20 Dec. 2016

G.S.R……. (E). – In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the National Company Law Tribunal Rules, 2016, namely:-

1. (1) These rules may be called the National Company Law Tribunal (Amendment) Rules, 2016. (2) They shall come into force on the date of their publication in the Official Gazette.

2. In the National Company Law Tribunal Rules, 2016, (hereinafter referred to as the principal rules), in “Part-I”, for the heading, “Definitions, forms and etc.”, the heading “Definitions and forms etc.’ shall be substituted;

3. In the principal rules, in rule 2,-

(a) in clause (5), the words “interlocutory application” shall be omitted;

(b) in clause (9), in sub-clause (d), for the words “or a chartered accountant or a cost accountant or a company secretary”, the words “or a chartered accountant in practice or a cost accountant in practice or a company secretary in practice” shall be substituted.

4.  In the principal rules, after rule 23, the following rule shall be inserted, namely: – (….contd….. please refer above attachment)

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NCLT (Amendment) Rules, 2017 notified by MCA; New Rule 87A for Appeal in Form NCLT 9

NCLT Rules 2016 notified by MCA

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