Corporate Law Articles

Holding of Annual General Meeting beyond Prescribed Time

Posted by Dilip K Raina 17 April 2012 69444 Views

Section 166 of the Companies Act 1956: As per the requirements of Section 166 of the Companies Act 1956 every company whether a public company or private company is required to hold in addition to other meetings a meeting of its members annually c

Investigative Audit by CLB under section 397/398?

Posted by Durga Rao 17 April 2012 11057 Views

Shareholders qualifying under section 399 of Companies Act, 1956 can approach the Company Law Board under section 397/398 seeking preventive and remedial measures against the oppression and mis-management in the Company. Though, section 397/398 i

A Note on Disqualification of a Director under section 274 (1) (G) of the Companies Act, 1956

Posted by Ajay Mishra 17 April 2012 130637 Views

PURPOSE OF THE DISQUALIFICATION The Department of Company Affairs vide its General Circular No. 2/5/2001-CL.V, clarifies that the provisions of section

Inspection Books of Account and Investigation

Posted by G S Rao 16 April 2012 35763 Views

Introduction In my previous article titled Books of account under Section 209 of the Companies Act, 1956 a detailed analysis of Section 209 was made. As a sequel, I intend to cover the provisions of Section 209-A which deals with i

Clause 41 of the Listing Agreement: A synopsis

Posted by CS Ankur Srivastava 10 April 2012 97271 Views

Clause 41 of the Listing Agreement deals with preparation and submission of Financial Results to the Stock Exchange. The Company has to disclose its quarterly and yearly results to the Stock Exchange in the following manner:- The Company has an

Note on Revised Schedule VI: Shareholders' Funds

Posted by Ajay Mishra 10 April 2012 77032 Views

The Ministry of Corporate Affairs (MCA) has prescribed a revised Schedule VI to the Companies Act, 1956 vide Notification dated 28.02.2011 which is applicable fo

Fast Track Exit

Posted by Priyanka 09 April 2012 15811 Views

Who can apply? (i) has not commenced any business activity or operation since incorporation; or (ii) is not carrying over any business activity or operation for last one year before making application under FTE. (i

Share Valuation in Merger

Posted by CA Vivek Kumar Mishra 09 April 2012 26542 Views

Today merger & acquisition are very common. In Indian Company Law Merger & Acquisition are governed by section 391-394 of the Companies Act, 1956. For this Honble jurisdictional High courts permission has to be obtained for sanction o

SEBI (SAST) Regulations 2011

Posted by Shanmuga Priya 09 April 2012 67498 Views

SEBI (Substantial Acquisitions of Shares and Takeover) Regulations 2011 In the wake of India emerging as one of the fastest growing economies in the world, Mergers & Acquisitions (M&A) have become one of the most common types of res

Getting relief from DRT under SARFAESI Act, 2002

Posted by Durga Rao 06 April 2012 20966 Views

It would be clueless for the professionals at times in answering the queries of the borrowers facing proceedings under The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. If the