Publications of CTC - MMJC - Page 2

The CTC Journal for the August, 23 consists of the following: Adjudication order by the ROC – Delhi & Haryana dated 27 June 2023, for noncompliance of Section 149(8) in the matter of PTC India Financial Services Limited In the matter of Jaiprakash Associates (Appellant) vs. Neena Somani (Respondent). NCLAT New Delhi, order dated 9

July edition of the Chamber of Tax publication covers the following: ROC Adjudication Order – In the matter of Konwert India Motors Private Limited – Registrar of Companies, Coimbatore dated 18 May 2023 In the matter of Secure Kloud Technologies Limited (‘Appellant’) versus Securities Exchange Board of India (‘Respondent’) read with Securities Appellate Tribunal (‘SAT’)

The June edition of the Chambers of Tax Consultants covers the following: Adjudication Order of the ROC, Gujarat, Dadra & Nagar Haveli In the matter of M/s. Sun Pharmaceutical Industries Limited dated 28 April, 2023 Adjudication order of SEBI in the matter of CG Power and Industrial Solutions Limited dated 20 April, 2023 Supreme Court

The May edition of the Chamber of Tax Consultants covers the following: Delhi High Court order – In the matter of TEQ GREEN POWER PRIVATE LIMITED (petitioner) versus REMC LIMITED (respondent) dated 21 March, 2023 The adjudication order of SEBI – in the matter of Shilpi Cable Technologies Limited. In the matter of M/s. Punjabi

The April edition of the Chamber of Tax Consultants covers the following: Adjudication Order in the Matter of Anbronica Technologies Private Limited dated 1 March 2023, ROC – Delhi Calcutta High Court order – In the matter of Surendra Kumar Singhi (Petitioner) vs. Registrar of Companies, West Bengal (Respondent) dated 20 January 2023. Adjudication order

Whether applications for avoidance of preferential transactions, maintainable after approval of resolution plan? High Court determines – In the matter of Tata Steel BSL Ltd (“Appellant”) Vs. Venus Recruiter Private Ltd. & Ors (“Respondent”) passed in the Delhi High Court dated January 13, 2023 SEBI orders lifting of corporate veil on all KMPs in the

Companies Act, 2013 ROC levied penalty on Auditors for non-reporting of non-compliance of audit report – In the matter of Sonasuman Constech Engineers Private Limited – Adjudication order passed by ROC Patna, dated 04.01.2023 Taking cue from the non-filing of annual returns by the company over all the years since incorporation, ROC assumed that the

Securities And Exchange Board of India (SEBI) Order In the Matter of the Geodesic Limited, dated 19 December 2022 Detailed Summary of the same is available at the following link: https://www.mmjc.in/wp-content/uploads/2023/01/January_2023.pdf

Order of Adjudicating Officer of Securities and Exchange Board of IndiaName of the Case: In the matter of Bombay Dyeing and Manufacturing Company Limited In the matter of Yadubir Singh Sajwan (Petitioner/Financial Creditor) & Ors. v Som Resorts Private Limited (Respondent/Corporate Debtor) at National Company Law Tribunal (NCLT) New Delhi dated 2nd August 2022