Whether the Authorized Signatory of Foreign Company can be the same as its Nominee?
What is difference between Liquidation and Winding up?
If shares are sold after the ex-date/record date, would eligibility for the rights issue still apply?
Can the services of Payment Aggregators (PA) be used for loan disbursals and repayments?
Can subsidiary company hold shares in its holding company?
What is the difference between Compounding and Adjudication?
Can Peer Review be done by proprietor / partner of the Practice Unit peer reviewed by the Reviewer?
Does getting empanelled as a Reviewer with Institute ensures the allotment of Peer Review work?
Compliance Calendar LLP is Recognised as Startup by DIPP Under Ministry of Commerce & Industry, Government of India
As per Rule 23 of the National Company Law Tribunal (NCLT) Rules, 2016, the Bench on receipt of any additional evidence may:
The NCLT Rules, 2016, provide that the Bench may allow the production of additional evidence if it is satisfied that the evidence is relevant, necessary, and could not have been produced earlier despite the exercise of due diligence. However, the Bench has the discretion to refuse to admit the additional evidence if it is not satisfied with its relevance or probative value.
In summary, the Bench has the power to decide on the admissibility and probative value of additional evidence and may allow the parties to produce such evidence at any stage of the proceeding if it deems necessary in the interest of justice.