Amendment to Schedule –V of the CA 2013

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..... 18 of 2013), the Central Government 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 .....

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..... ii), the following shall be substituted, namely:- (ii) the 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 .....

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..... le Number 1/5/2013-CL-V K.V.R. Murty, Joint Secretary Note : The Schedule V of the Companies Act, 2013 came into force with effect from the 1 st April 2014 and was amended vide notification number S.O. 2922 (E) dated 12.09.2016, published in the Gazette of India. - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - .....

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