SC Upholds Centre s Notification Bringing Into Force Insolvency Of Personal Guarantors To Corporate Debtors
Various petitions were filed before different High Courts as well as before the Supreme Cour 27 May 2021, Last Updated at 6:53 pm Special Arrangement 2021-05-27T18:49:28+05:30 SC Upholds Centre s Notification Bringing Into Force Insolvency Of Personal Guarantors To Corporate Debtors outlookindia.com 2021-05-27T18:53:13+05:30
Author: Sarojanand Jha, Founding Partner, Vedanta Legal
In a recent landmark decision, the Supreme Court has upheld the challenge to a Notification dated 15
th November 2019 (“
Notification”) issued by the Ministry of Corporate Affairs, which brought into force the provisions of the insolvency of Personal Guarantor to the Corporate Debtor.
Prologue
Startups are young companies that are founded to develop a
unique product or service and bring it to the market. In recent
years on the African Continent, several startups have been making
positive impact in their communities leading to several countries
enacting or planning to implement a Startup Act. So, a pertinent
question is, should Nigeria jump on the Startup Act
bandwagon ?
In this article, we will examine this question by; understanding
what Startup Acts are, exploring the reasons why countries
are trying to implement this peculiar legislation, and explore
alternative pathways that can adopt be adopted, and finally
High Courts Weekly Roundup [April 19, 2021 – April 25, 2021] livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.
On 24 March 2021, the UK government’s Department for Business, Energy & Industrial Strategy (“
BEIS”) launched a consultation seeking views on its proposals to mandate climate-related financial disclosures by publicly quoted companies and large private companies, banks and insurance companies, and limited liability partnerships (the “
Consultation”). The Consultation runs to 5 May 2021 and seeks input on requiring large UK companies to make disclosures in line with the Financial Stability Board’s Task Force for Climate-Related Financial Disclosures (the “
TCFD”). Responses to the consultation may be made by email to climatedisclosure@beis.gov.uk or online here.
The Consultation
The proposal subject to the Consultation is to require certain publicly quoted and large UK companies and limited liability partnerships (“
Menhaden Plc - Annual Financial Report
PR Newswire
The Annual Report will be posted to shareholders on or around 20 April 2021.
Copies may be obtained by writing to the Company Secretary, Frostrow Capital LLP at 25 Southampton Buildings, London WC2A 1AL, or from the Company s website -
www.menhaden.com
- where up to date information on the Company, including daily NAVs, share prices and fact sheets, can also be found.
A copy of the Annual Report will be submitted to the National Storage Mechanism and will shortly be available for inspection athttps://data.fca.org.uk/#/nsm/nationalstoragemechanism
Frostrow Capital LLP