January 29, 2020
1. Ministry of Corporate Affairs notifies Companies (Winding Up) Rules, 2020
MCA vide its notification dated January 24, 2020 has notified Companies (Winding Up) Rules, 2020 which covers all modes of winding up and shall come into effect from April 1, 2020.
The notified rules lay down the framework to be followed by Companies and Regulatory Authorities.
The notification has been integrated in our free to use website ca2013.com for your easy reference.
2. IBBI Circular on Transfer of Membership from one Registered Valuer Organisation (RVO) to another.
With a view to remove operational difficulties highlighted in the various meetings held with MD/CEOs of RVOs, IBBI vide its circular dated January 28, 2020 has put in place a framework for smooth, cost effective and time bound transfer of membership of registered valuers from one RVO to another.