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MCA prescribes norms for determining requisite number of members to file class action suit

May 10, 2019
The MCA has notified the National Company Law Tribunal (Second Amendment) Rules, 2019 (‘NCLT rules’) vide notification no. G.S.R. 351(E) dated May 08, 2019 whereby procedure to determine requisite number of members to file a class action suit has been provided. The Amendment is effective from May 08, 2019
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