The Companies (Transfer of Pending proceedings) Rules, 2016
Notification dated 07.12.2016
- The Rules other than rule 4 shall come into force on 15th December, 2016.
- The pending proceedings relating to arbitration, compromise, arrangement, reconstruction, other than proceedings relating to winding up shall be transferred to the Benches of the NCLT constituted under the Act.
- The pending proceedings of winding up matters other than voluntary winding up where the petition has not been served on the Respondent shall be transferred to the Benches of NCLT constituted under the Act.
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