It is a fact that it is very rare to see a petition by a group of minority or majority under section 397/398 of the Companies Act, 1956 in listed Public Companies.
I have been writing articles on various issues touching the corporate world and especially the issues under Companies Act, 1956. I was concentrating more on the law pertaining to Oppression and Mismanagement as dealt with under section 397/398 of
Many in this country including the corporates are closely watching the IPL controversy and it had led Mr.Shari Tharoor to submit his resignation. There are many interesting issues in the entire episode and I want to highlight few issues as a clas
TIPS FOR DRAFTING RESOLUTIONSResolutions are the decisions of the meetings and it should be so drafted that anybody not present at the meeting or anybody referring it later date will know clearly what the decision was at the meeting without referring
Decoding the “Takeover Code” [SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997] By Payel Jain Vinod Kothari & Company Main idea behind the Coding of Takeover Code Some group of individuals commonly referred
In this article I have tried to provide in summarized form, the content of a Scheme of Amalgamation. I have tried to cover all the basic clause’ concerning amalgamation matters. Normally, a Scheme runs into tens of pages. To keep it small, I ha
Listed Company Compliances-Due for April 2010 Dear Members, Please find below a detailed compilation
Scheme of Amalgamation: Analyzing the principle of 'Single Window Clearance' A Scheme of Amalgamation (“Scheme”) is a basically a Scheme in the nature of Arrangement under Sections 391 and 394 of the Companies Act, 1956 between
As we all aware, section 397/398 of the Companies Act, 1956 deals with oppression and mismanagement and the protection to the minority against the majority.
Corporate Social Responsibility as an expression was used perhaps for the first time in 1953 when Bowen raised the question “What responsibility to Society can business people be reasonably expected to assure”. Crudely put, the notion o
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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