Articles by Sundharesan Jayamoorthi

Stakeholder exist in spirit, not in letter

Sundharesan Jayamoorthi 13 April 2016 at 10:39

SEBI (Listing Obligations & Disclosure Requirements) Regulation 2015 (LODR) is applicable to all listed companies in India with effect from December 1, 2015. This legislation is a relatively small but rather complicated legislation; thereare refe

Compliances by Unlisted Companies for the year ended March 31, 2016

Sundharesan Jayamoorthi 28 March 2016 at 11:40

India Inc. has about a week to catch up with compliances. In case the company has not taken adequate measures to comply and tick the box, the penalties vary for an unlisted company to a listed company under Companies Act, 2013 & SEBI (Listing Obl

Comply and Explain - Are you 'tick the box' ready

Sundharesan Jayamoorthi 26 February 2016 at 10:59

�Comply or Explain� is a familiar concept in Corporate Governance. Companies Act, 2013 (�Act�) and SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (�LODR�) have prescribed strict complianc

Startup to Windup of a Startup - Artha Shastra to No Shastra

Sundharesan Jayamoorthi 18 January 2016 at 18:59

Artha Shastra is an ancient scripture that listed out the importance of compliance and governance in every business. The Government has announced that Startup will have a new policy. In the last few decades the forms of business that any Shastra or L

LODR - Comply in spirit but will it evaporate

Sundharesan Jayamoorthi 06 January 2016 at 11:05

When SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (that is referred as LODR) was introduced professionals exclaimed OMG (oh my GOD) but the speaker in a seminar referred it as OML (oh my LORD). As professionals we may ne

MGT 7 - Regulator is not clear what it wants

Sundharesan Jayamoorthi 20 October 2015 at 11:05

MGT 7 � Difficulty of Reporting Compliance in IndiaThe principle, �when the regulator is not clear what it wants, give the regulator what you want�, applies to the annual filing of 2015.MGT 7 is the Annual Return for all companies

Board Training - Nothing more to learn

Sundharesan Jayamoorthi 12 October 2015 at 10:33

Is Corporate Governance Real, a Myth or is it to be practiced in Spirit or Letter? It is very difficult to conclude; the intention to implement and practice corporate governance seems to be the SPIRIT and to toe this line the regulators bring out leg

Small Company with a Big Concept

Sundharesan Jayamoorthi 30 July 2015 at 10:32

Small company is a concept introduced in the Companies Act 2013 and the definition of Small Company is provided under section 2 (85), which reads as

Board's Performance Evaluation

Sundharesan Jayamoorthi 22 June 2015 at 10:41

Boards need to understand each other in terms of values, beliefs, and purpose. This session is "Evaluating Board Performance,� a formal evaluation of the Board and individual directors are one potentially effective way to respond to the de

No mercy killing for companies act, 2013

Sundharesan Jayamoorthi 09 June 2015 at 11:02

Is there any possibility of restoring the Companies Act, 1956? This question must be running in the minds of many entrepreneurs and professionals. There is so much of ambiguity in the framing of the draconian 2013 Act, that one feels the 2013 Act des