Corporate Law Articles

SARFAESI Act'2002: Boon For Banks Curse for Borrower

Posted by CA. Vikash Dwivedi 03 August 2011 27214 Views

THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSESTS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 SARFAESI Act, as the name of the act suggests, deals with 3 matters: Securitisation [Sec 2 (1) (z)] Reconstruction of Financial Asset [Sec

Can NRI or PIO Remit Sale Proceeds of Inherited Immovable Property

Posted by CA. Anuj Gupta 01 August 2011 17798 Views

Sale proceeds of any immovable property inherited by NRI / PIO from a person resident in India can be remitted abroad subject to a ceiling of USD one million per financial year subject to production of documentary evidence in support of inher

Prevention of Money Laundry Act 2002 : A Synopsis

Posted by CA. Vikash Dwivedi 28 July 2011 12985 Views

Introduction Money laundering is beomcing a pervasive cocept may it be Developed country or Developing country. to curb this more and more countries now bringing suspicious transations unders the leagal scanner. Moeny is Behind all ill acts and wis

Inter company loans and investments

Posted by *RENU SINGH * 28 July 2011 17764 Views

The provisions of section 370 and 372 have been combined with sec 372 A

Can Resident Indians incorporate a Company/LLC outside India

Posted by CA. Anuj Gupta 27 July 2011 24664 Views

I am being asked this query on almost daily basis by my friends and colleagues and all of them are of view that incorporation of Companies/LLC outside India is permitted in FEMA by RBI under Liberalised Remittance Scheme ,2004. To get the answer of

Provision of Section 58A and Applicability to Private Co

Posted by kalpesh 20 July 2011 76885 Views

IMPLICATION AND SUMMARY OF SECTION 58A TO PRIVATE COMPANIES:-

CLB granting injunctions under section 397/398?

Posted by Durga Rao 14 July 2011 11262 Views

Section 397/398 of the Companies Act, 1956 guarantees a right to the minority to approach the Company Law Board or the Tribunal seeking preventive and some remedial measures against the majority in the Company when there is an Oppression an

The Law of Arbitration and Conciliation (both Domestic & International)

Posted by Bajirao 13 July 2011 9711 Views

The Arbitration and Conciliation Act, 1996 is the prime legislation relating to domestic arbitration, international commercial arbitration and enforcement of foreign arbitral awards and also to define the law relating to conciliation and for matters

Alternate Director - An Overview

Posted by CMA. CS. Sanjay Gupta 13 July 2011 76039 Views

Alternate Director - An Overview According to the provisions of section 313 of the Companies Act, 1956, an Alternate Director is a person appointed by the Board if so authorised by the Articles or by a resolution passed by the company in the general

Name Availability Guidelines, 2011

Posted by CS Ankur Srivastava 13 July 2011 12781 Views

NAME AVAILABILITY GUIDELINES, 2011 In supercession of all the previous circulars and instructions issued by Ministry of Corporate Affairs from time to time regarding name availability, the applicants and Registrar of Companies are advised to adher