Corporate Law Articles

Board Committees

Vinita Verma 26 December 2015 at 15:58

Committees have an important role to play in company governance. A Board can set up committees with particular terms of reference when it needs assistance or when any issue requires more attention. They can be set up for specific purp

Trading Plan under SEBI (Prohibition of Insider Trading) Regulations, 2015

CS Swatantra Sethi 26 December 2015 at 15:08

The concept of trading plan has been introduced in India by the SEBI (Prohibition of Insider Trading) Regulations, 2015 (the PIT Regulations). In every company there are persons holding key managerial positions or promoters who may be perpetually in

Key Aspects of Proposed Merger of Reliance Communications and Aircel

CS Rahul Harsh 24 December 2015 at 11:06

Reliance Communications Ltd (R-Com) entered into talks with Aircel Ltd for a potential merger a month after it announced that it would buy the local unit of Russia�s Sistema JSFC. If the Proposed Merger takes place it will change the present sc

SEBI (LODR) Regulations, 2015

Sumit Talreja 22 December 2015 at 10:33

SEBI vide its Notification No. SEBI/LAD-NRO/GN/2015-16/013 dated 2nd September, 2015 had notified SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING O

Chaos in appointment of auditors under CA,2013

ANMOL JHA 21 December 2015 at 10:38

Section 139(1) relating to appointment of auditor is widely misunderstood.After coming into force of the Companies Act,2013, many companies including big listed companies and many auditors and Company Secretaries have started to follow the provisions

Non-Convertible Debt Securities & Non-Convertible Redeemable Preference Shares

CS Divesh Goyal 17 December 2015 at 10:53

Securities and Exchange Board of India (�SEBI�) in terms of power conferred under SEBI Act, 1992 notified Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (�Listing Regulatio

Requirements w.r.t subsidiary of listed entity

CS Divesh Goyal 14 December 2015 at 16:18

SEBI LISTING REGULATIONS (LODR)�CORPORATE GOVERNANCE REQUIREMENTS WITH RESPECT TO SUBSIDIARY OF LISTED ENTITY�CONDITIONS With Respect to Subsidiary of Listed Entity:I. Board of Director:At least one Independent Director of Listed Company

Who is liable when cheque is issued on personal account for discharging debt of Company?

G S Rao 14 December 2015 at 10:41

Introduction:Recently two judge bench of Supreme court delivered an interesting judgment on offence underSection 138 of "Negotiable Instruments, Act,1881" ( referred as NI, Act) in the case "Mainudd

Promoter: A debatable word

Deep Vaghela 14 December 2015 at 10:39

Literal Meaning As per Oxford Advanced Learner�s Dictionary, Promoter means a person or company that organizes or provides money for performance or an event. Promoter is a person (natural or artificial) who tries to persu

Meeting through electronic means

CS AYUSH SUHIRID 11 December 2015 at 17:05

MEETING THROUGH ELECTRONIC MEANSPROVISIONS UNDER WHICH MEETING THROUGH VIDEO CONFERENCING IS COVERED As per Section 173 of the Companies Act, 2013 and Rules 3 & 4 of the Companies (Meetings of Board and its Powers) Rules, 2014, every Company can