Jun 17,2021 | 2 min read

Companies Rules CAA-1 | Download Free Templates

1. What is Form CAA 1? 

Form CAA 1 is filed pursuant to section 230(2)(c) of Companies Act, 2013 and Rule 4 of the Companies rules. This form contains the format in which the creditors responsibility statement is to be annexed with the debt restructuring scheme of the company. As per section, Where a compromise or arrangement is proposed between a company and its creditors or any class of them, an application shall be made by anyone to the NCLT to arrange a meeting between them. The application to the tribunal shall be accompanied by 

any scheme of corporate debt restructuring consented to by not less than seventy-five per cent. of the secured creditors in value, including a creditor’s responsibility statement in the Form CAA 1. 

2. Why is it important? 

a. It is a statutory requirement

b. It helps in giving exact and precise information to the tribunal

c. It helps in following prescribed format

  • Access the library of Agreements & Contracts most needed by any startup or a business - CLICK here
  • Get all these Agreements & Contracts personalized at no additional cost - REGISTER here

To access this Sample Agreement / Template, please fill in the details below and it will be emailed to you shortly.


Need Free Legal Advice or Assistance Online?


For any Company Compliances / Filings related matter, please Post Your Requirement anonymously and get free proposals OR find the Best Company Compliances / Filings Lawyers and book a free appointment directly.


POPULAR READS

Knowledge Dossier - 22 July 2021


Industrial Employment Form II | Download Free Templates


Industrial Employment Form V | Download Free Templates


Industrial Employment Form IV A | Download Free Templates


Industrial Employment Form IV | Download Free Templates


Industrial Employment Form III | Download Free Templates


Industrial Employment Form I-IE | Download Free Templates


Industrial Disputes Act Form Q Rule 76 (A) | Download Free Templates


Industrial Dispute Act Form M Rule 72 | Download Free Templates


ABOUT THE AUTHOR


Lawyered Team

Lawyered Team

MORE IN BUSINESS