Mechanical approval under search assessment law vitiates assessments when sanction lacks application of mind; retrospective curative provision cannot ...
Foreign portfolio investment liberalisation extends listed equity access to all individual persons resident outside India, subject to limit monitoring...
Page of 4792
Press 'Enter' after typing page number.
1881 to 1900 of 95833 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Registrar scrutiny under the NCLT Rules is limited to a ministerial and procedural check for registration defects; it does not extend to deciding legal questions affecting party rights or the maintainability of a company petition. Questions such as whether the petitioning shareholders meet the statutory threshold, or whether exemption from that requirement can be granted, require judicial adjudication by the regular Bench. The Registry therefore acted beyond its competence in treating those issues as scrutiny defects and refusing registration. The petition was to be numbered, objections if any recorded, and the matter placed before the Bench; the refusal to register was quashed and the issue of maintainability remitted for judicial decision.
Registrar scrutiny under the NCLT Rules is limited to a ministerial and procedural check for registration defects; it does not extend to deciding legal questions affecting party rights or the maintainability of a company petition. Questions such as whether the petitioning shareholders meet the statutory threshold, or whether exemption from that requirement can be granted, require judicial adjudication by the regular Bench. The Registry therefore acted beyond its competence in treating those issues as scrutiny defects and refusing registration. The petition was to be numbered, objections if any recorded, and the matter placed before the Bench; the refusal to register was quashed and the issue of maintainability remitted for judicial decision.
Note: It is a system-generated summary and is for quick reference only.