Amendment to Schedule –V of the CA 2013

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....rnment hereby makes the following amendments to amend Schedule V of the said Act, namely:- 2. In Schedule V of the Companies Act, 2013,- (1) in PART l, under title "APPOINTMENTS", (a) in para (a) after the item (xvi), the following items shall be inserted namely:- "(xvii) the Insolvency and Bankruptcy Code, 2016 (31 of 2016) (xviii) the Goods and Services Tax Act, 2017 (12 of 2017) (xix) ....

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....e company has not committed any default in payment of dues to any bank or public financial institution or non-convertible debenture holders or any other secured creditor, and in case of default, the prior approval of the bank or public financial institution concerned or the non-convertible debenture holders or other secured creditor, as the case may be, shall be obtained by the company before obta....