Corporate Law Articles

Winding up of companies

CA CMA CS Ram Pavan Kumar Melam 18 January 2011 at 11:10

MEANING OF WINDING UP Winding up or liquidation of a company represents the last stage in its life. It means a proceeding by which a company is dissolved. The assets of the company are disposed of, the debts are paid off out of the realised asse

Ascertaining 'Oppression' under section 397 of Companies Act

Durga Rao 18 January 2011 at 11:05

The study of various judgments of High Court and Supreme Court under section 397/398 of Companies Act, 1956 speak volumes about the complications in dealing with the cases of oppression and mismanagement under section 397/398 of Comp

How to look at the issue of 'membership' under section 399?

Durga Rao 17 January 2011 at 10:18

S ection 397/398 of the Companies Act, 1956 provides a relief to the minority against the majority if the majority indulges in the oppressive acts and the acts of mismanagement. It is not that every shareholder can avail the remedy available un

Petition under Section 397/398 - Importance of Prayer?

Durga Rao 15 January 2011 at 10:47

Every one knows the object of section 397/398 of the Companies Act, 1956 and it is to bring an end to the matters complained of and to regulate the affairs of the Company in future. A great responsibility is cast on the Company Law Board under se

Frequently asked questions on Easy Exit Scheme (EES) - 2011

RAJAS 12 January 2011 at 12:34

Introduction : In Indian corporate scenario it is observed that many a time promoters register their companies under the Companies Act, 1956, but could not turn their corporate venture operative due to various reasons. The readers may be aware tha

PCC/IPCC Useful: Proxy Provisions - A Procedural Analysis

Ankur Garg 22 December 2010 at 15:36

PROXY PROVISIONS -_A PROCEDURAL ANALYSIS Dear Members, Please find below a useful article covering some

Company Law- Some useful Main object clause -II

Ankur Garg 22 December 2010 at 15:25

Dear Professional colleagues, Please find below some useful sample Main object clauses for the draftin

Easy Exit Scheme 2011

Venkateswara Rao Sapare 20 December 2010 at 13:55

Easy Exit Scheme, 2011 Dear Friends, Refer my article on 02.08.2010, titled Company Law Settlement Scheme, 2010, Easy Excit Scheme,2010 (http://www.caclubindia.com/articles/company-law-settlement-scheme-easy-exit-scheme-2010--6421.asp ), wherein fin

Minority Shareholders In A Company - the protection?

Durga Rao 15 December 2010 at 17:01

I have been continuously focusing at the complications in the corporate world and especially about the protection to the shareholders in a Company. I have seen cases where the majority does everything in order to deny the rightful share of the mino

Concept of Din

Tapas Ruparelia 13 December 2010 at 12:30

Directors Identification Number (concept) The concept of a Director Identification Number (DIN) has been introduced for the first time with the insertion of Sections 266A to 266G of Companies (Amendment) Act, 2006. As such, all the existing a