The Ministry of Corporate Affairs vide notification dated 30th May, 2022 has issued the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2022. The amendment provides that in case of a compromise or an arrangement or merger or demerger between an Indian company and a company or body corporate which has been incorporated in a country which shares land border with India, a declaration in Form No. CAA-16 shall be submitted along with the application.
CERC Approves Procedure for Maintaining Minimum Generation Levels at Section 62 Generators
The procedure applies to all regional entity thermal generating stations with tariffs determined under Section 62 of the Electricity Act, 2003.