https://www.taxtmi.com/news?id=14197 No provision exists in the Companies Act, 2013 for formal blacklisting of companies; the statute is silent on a statutory mechanism to list or remove barred firms. Administrative debarment has led to suspension of business dealings with twelve firms, none of which has been removed from the barred list and no capital procurement contracts have been signed with them after debarment. en-us Tue, 17 Mar 2015 18:38:07 +0530 Tue, 17 Mar 2015 18:38:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14197 No provision exists in the Companies Act, 2013 for formal blacklisting of companies; the statute is silent on a statutory mechanism to list or remove barred firms. Administrative debarment has led to suspension of business dealings with twelve firms, none of which has been removed from the barred list and no capital procurement contracts have been signed with them after debarment. News - Tue, 17 Mar 2015 18:38:07 +0530 https://www.taxtmi.com/news?id=14197