Corporate Law Articles

Mismanagement in family companies - a case study

Posted by Durga Rao 26 October 2009 15954 Views

I have earlier written some articles dealing the issue of oppression and mismanagement under section 397/398 of Companies Act, 1956. I am of the opinion that the company law is very very complicated world wide in view of its complicated struc

Independent Directors-Are they really Independent?

Posted by Member (Account Deleted) 12 October 2009 25798 Views

INDEPENDENT DIRECTORS – ARE THEY REALLY INDEPENDENT? The topic is vey interesting in the present scenario wherein clause 49 of the listing agreement is under scrutiny due to satyam fiasco and other corporate frauds of such magnitude coming into

Non-compliance of provisions - Opression and Mismanagement

Posted by Durga Rao 05 October 2009 8547 Views

Whether mere non-compliance of the provisions be construed as “Oppression” and “Mismanagement” under Company Law? It is known that section 397/398 of the Companies Act, 1956 enables the members to question the “o

SEBI (DIP) guidelines For public issue

Posted by Tapas Ruparelia 01 October 2009 64164 Views

Public Issue Requirements Entry Norms: Entry norms are different routes available to an issuer for accessing the capital market. I) An unlisted issuer making a public issue of equity shares or any security convertible at a later date into equity i.e

Understanding Section 265

Posted by Member (Account Deleted) 28 September 2009 40536 Views

Understanding the Section 265 of the company act in the practical manner:First of all, we check that what the section 265 says:Section 265 : Option to company to adopt proportional representation for the appointment of directors Notwithstanding any

Right Issue Option U/S 81 of the Companies Act

Posted by Member (Account Deleted) 26 September 2009 17768 Views

It is well known that, the Right Issue option i not avilable to the Private Company. Let us understand the logic behind that. The Roots of Right Issue came from the ancient tradition: In Earlier times Businessmen reward to their Customers for their L

Understanding the Section 297 of the Company Act

Posted by Member (Account Deleted) 26 September 2009 12731 Views

Let Us understand the Market Price Concept of Section 297 of the company Act.: Section 297: BOARD'S SANCTION TO BE REQUIRED FOR CERTAIN CONTRACTS IN WHICH PARTICULAR DIRECTORS ARE INTERESTED. (1) Except with the consent of the Board of directors of

Super Secretarial Checklist under Companies Act, 1956

Posted by Ankur Garg 24 September 2009 103277 Views

Super Secretarial Checklist under Companies Act, 1956 Sr. No. Relevant Section of Companies Act, 1956 Provision/Requirement 1.

FAQs on eStamp

Posted by bansalAnurag 15 September 2009 8141 Views

FAQs on eStamp 1. Please specify the services for which Stamp Duty can be paid through MCA21 system?Stamp Duty payable on Filing of e-form 1 (including MOA & AOA), 5 and 44 can be paid through MCA21 system. 2. Am I required to fill the details o

Nature of remedy under section 397/398 - Company Law

Posted by Durga Rao 14 September 2009 12058 Views

The Companies Act, 1956 governs the incorporation, management and winding-up of any company in India. There will be differences among members or between groups in private companies and closely held public companies very often. One group may