Mondaq All Regions - India: Corporate/Commercial Law
Kochhar & Co.
The President of India accorded his assent to the Companies (Amendment) Act, 2017 (the "Amendment Act") on 3 January 2018. The Central Government notified the Amendment Act on the same day.
S.S. Rana & Co. Advocates
They are remedies that may be claimed by the aggrieved party for breach of contract.
S.S. Rana & Co. Advocates
Following this, the District Court issued a notice, which was later challenged in the Supreme Court by AARCL.
Khurana and Khurana
The petition was filed by M/s Sunwhite Infrastructure Pvt Ltd against Kindle Developers Pvt Ltd Sec 241 and Sec 242 of the Companies Act, 2013 alleging acts of mismanagement and oppression...
Nishith Desai Associates
It appears that the dawn of the New Year 2018 has ushered in several clarifications from SEBI, which seems to be tidying up regulatory cobwebs to reveal a clearer picture on certain aspects of its laws.
Khurana and Khurana
The Corporate Debtor/Respondent (Uttam Galva Metallics) defaulted in the payment to the Operational Creditor/Appellant (Macquarie Bank) amounting to USD 6,321,337 equivalent to Rs. 43,11,15,190.
Khaitan & Co
The Securities and Exchange Board of India has introduced a rather novel but somewhat contentious interpretation of Regulation 37 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
S.S. Rana & Co. Advocates
In a recent move, the Ministry of Corporate Affairs intends to take stringent action against the companies violating the provisions of the Companies Act, 2013 with respect to compliances of their Corporate Social Responsibility.
Khaitan & Co
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 provide that a scheme of arrangement/ amalgamation/ merger/ reconstruction/ reduction of capital undertaken by a listed entity must be in compliance with the applicable securities laws.
IndusLaw
In an attempt to simplify, consolidate and clarify the regulations relating to foreign direct investment in Indian entities by foreign investors, the Reserve Bank of India notified the …
S.S. Rana & Co. Advocates
As per the notification dated December 22, 2017, the Securities and Exchange Board of India (hereinafter referred to as the ‘Board') by virtue of Regulation 11(1) of SEBI...
S.S. Rana & Co. Advocates
The Government of India this year introduced a number of methodologies in order to ensure that shell companies do not become a medium of illegal activities like black money and corruption.
Khaitan & Co
Desiring a simplified and compact law with flexible rule making powers for ‘ever changing business models', the Central Government constituted the JJ Irani Expert Committee on Company Law (Irani Committee).
Khaitan & Co
The Securities Exchange Board of India (SEBI) stipulates that any acquisition of voting rights in a listed company in excess of the thresholds specified therein would trigger an obligation to make a mandatory open offer.
S.S. Rana & Co. Advocates
The Bill is aimed at strengthening corporate governance standards, providing for strict action against defaulting companies and improving ease of doing business in the country.
Dhir & Dhir Associates
The Insolvency and Bankruptcy Code, 2016 (IBC), implements a "creditor-in-possession" regime that vests decision making powers of the insolvent company with a "committee of creditors" (CoC) ...
IndusLaw
KCT Renewable Energy has three fully operational wind power projects with a total capacity of 103MW in the southern state of Andhra Pradesh.
SKP Business Consulting LLP
Voluntary Winding Up
LexCounsel Law Offices
M/s. Unigreen Global Private Limited ("Unigreen") v. Punjab National Bank ("PNB") and others followed in Leo Duct Engineers & Consultants Limited v. Canara Bank and Another
LexCounsel Law Offices
The law with respect to specific performance of a contract is well established in India. The grant of relief of specific performance is a discretionary and equitable relief.
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Singh & Associates
The Ministry of Corporate Affairs ("MCA") vide Notification1 dated 26.12.2016 notified Section 248 to 252 of the Companies Act, 2013 ("Act") and revised the process of striking off the name of the company...
Khaitan & Co
There are various provisions in the Act, which require valuation by a registered valuer including issuance of shares on preferential basis, compromise and arrangements between company and its creditors or members, minority shareholding buy-out, liquidation, etc.
Singh & Associates
Section 164 of the Companies Act, 2013 (herewith referred to as the ‘Act') states various disqualifications for appointment of Director in a company.
Asit Mehta & Associates
Joint ventures (JVs) are a popular business format with multi-nationals looking to enter new geographies, and for good reason.
LexCounsel Law Offices
Under common law rules and equitable principles, director's duties are largely derived from the law of agency and trusts. Under the law of agency, duties of skill, care and diligence are imposed...
Phoenix Legal
The (Indian) Companies Act, 2013 (2013 Act) which replaced the (Indian) Companies Act, 1956 (1956 Act) brought significant changes for private limited companies.
IndusLaw
Deposits have been defined under the Companies Act, 2013 ("2013 Act") to include any receipt of money by way of deposit or loan or in any other form by a company.
Shardul Amarchand Mangaldas & Co
"Demonetization", a topic that evoked interest of both the academicians and professionals alike. Each person in the country had a strong opinion and an inherent expectation about the way...
Vaish Associates Advocates
Ever since India's biggest-ever corporate fraud and governance failure unearthed at Satyam Computer Services Limited, the concerns about good Corporate Governance have increased phenomenally.
SNG & Partners
Comparison between certain salient features of the Companies Act 2013 with the Companies Act 1956 .
LexCounsel Law Offices
The erstwhile Companies Act, 1956 contained no statement of statutory duties of directors, and acts of directors were usually reviewed in the context of their powers in terms of section 291 of the CA 1956 .
S.S. Rana & Co. Advocates
The doctrine of frustration comes into play when a contract becomes impossible of performance, after it was made, on account of circumstances beyond the control of parties.
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