Corporate Law Articles
Why Arbitration is not effective in India?
Introduction: Courts in India are overburdened with a large number of cases and their disposal takes long time. Therefore a need was felt for a faster dispute resolving mechanism in commercial disputes. Thus Arbitration Act, 1940 was enacted wit
Independent Director's role for effective Board Room!
Independent directors are known to bring an objective view in board deliberations. They also ensure that there is no dominance of one individual or special interest group or the stifling of healthy debate. They act as the guardians of the interest
Prospective Role of CFO in Corporate Governance
As per The Institute of Company Secretaries of India (ICSI), Corporate Governance is defined as The application of best management practices,
FAQs on Fast Track Exit Mode
Hello friends following are the frequently asked questions on Fast Track Exist. 1. What is Fast Track Exit (FTE) Mode? Ministry has issued Guidelines for "Fast Track Exit (FTE) Mode" to give opportunity to the defunct companies to get
Procedural Checklist for effecting transfer of shares of the Company
INTRODUCTION The word 'transfer' is an act of the parties by which title to property is transferred from one person to another. Under Section 82 of the Companies Act, 1
Steps for Formation of a Company
Steps to be taken to get a new company incorporated: 1. Select, in order of preference, at least one suitable name upto a maximum of six names, indicative of the main objects company. 2. Ensure that the name does not resemble the name of an
Directors Beware
Number of companies in which a person can hold the office of a director Section 275 (Read along with Section 276, 277, 278 & 279) of the Companies Act, 1956 Vs. Clause 165 of the Companies Bill 2012 A comparison of old and new provisions
Compromises & Arrangements under Companies Act
Mergers and acquisitions have always been a topic of corporate interest in the modern times. The complexity of the laws governing these modes of corporate restructuring makes them even more intriguing and mystifying. Chapter V comprising of Sections
Interested Director - Companies Bill, 2012
Some interesting concepts worth noting in Companies Bill, 2011 which has now been passed in the Lok Sabha on 18th December 2012, and been submitted with the Rajya sabha. If it is passed by Rajya Sabha, it will move to the Secretariat of the Hous
One Person Company- A New Business Ownership Concept
The Companies Bill 2012, passed by the Lok-Sabha introduces a new form of Company by the name of One Person Company (OPC). Its concept is parallel to the existing concept of Sole-proprietorship whereas it shall be recognized as separ
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