Corporate Law Articles

Procedure for Amendments/Changes in the Registered Firm

Posted by CS MOHIT SALUJA 03 September 2012 123514 Views

Procedure for Changes/ Amendments in the Constitution of Registered Partnership Firm The law relating to a partnership firm is contained in the Indian Partnership Act, 1932.Under Section 58 of the Act, a firm may be registered at any time (not mer

Banks going back from 'Settlement of Default/Debt'?

Posted by Durga Rao 30 August 2012 14747 Views

It is known that while some loan transactions with the Bank like Housing Loan, Educational Loan etc. are very simple, some commercial loan transactions are very complex in nature. The Bank may provide various loan facilities to the Borrower and mo

Change in Filling Form 23B : An Overview

Posted by CA Prashant Gupta 23 July 2012 112145 Views

Every statutory auditor appointed by the company in the Annual General Meeting under section 224(1) of the Companies Act, 1956 in form 23B has to intimate whether he has accepted the appointment or not to the concerned Registrar of Companies, with

Compulsions to form a 'Company', Sec 11, Companies Act

Posted by Venkateswara Rao Sapare 19 July 2012 31302 Views

Why to form Company, when there are other Business Structures (for profit) available: Sole Proprietorship (Business Structure for Profit) Part

Petition u/s 397/398 - Subsequent events - Scope?

Posted by Durga Rao 17 July 2012 17636 Views

Section 397/398 of the Companies Act, 1956 provides relief to the minority shareholders against the oppressive actions of the majority and the mis-management in the company. Section 399 of the Companies Act, 1956 deals with the issue as to who can

Managing Director - An Overview

Posted by CMA. CS. Sanjay Gupta 12 July 2012 218211 Views

Managing Director An Overview Definition of Managing Director According to the definition given in Section 2(26) of the Companies Act, 1956:- "Managing Director" means a director who, by virtue of an agreement wit

New Takeover Code: Disclosure Requirement

Posted by CS Ankur Srivastava 10 July 2012 44214 Views

SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 Gist of: Acquisition of Shares and Disclosure Requirement Substantial Acquisition of Shares, Voting Rights or Control Acquisition: Acqu

Passing of Board Resolution by Circulation [Section 289]

Posted by CMA. CS. Sanjay Gupta 04 July 2012 84118 Views

No resolution shall be deemed to have been duly passed by the Board or by a committee thereof by circulation, unless the resolution has been circulated in draft, together with the necessar

Performance of Indian Boards

Posted by Sonia Jaspal 26 June 2012 11119 Views

The board of directors have the responsibility for steering the organization in the right direction and guiding the CEO and senior management. However, worldwide they are lambasted for catering to the manifested interest of CEO and senior manageme