Corporate Law Articles
New Pricing Regulations for Issues of Shres to Non Residents
New Pricing Regulations On 4th May, 2010, the Reserve Bank of India has issued Circular Number 49 amending the pricing guidelines that are applicable to transfer of shares (and Preference Shares and Debentures mandatorily convertible to equity shares
Contract Labour and Their Legal Status in India
Contract Labour and Their Legal Status in India | DHIRAJ RAMCHANDANI | The practice of employing contract labour is prevalent in most of the industries in different occupation including skilled and semi skilled jobs. A workman shall be deemed
Formation of a Non Profit Company under Section 25
Formation of a Non Profit Company under Section 25 | DHIRAJ RAMCHANDANI | INTRODUCTION Section 25(1) (a) and (b) of the Indian Companies Act, 1956, provides for the for the formation of a company under this section for the promotion of comme
Valuation of Shares - New Pricing Guidelines
In order to make the pricing methodologies more compatible with the current valuation practice, the Reserve Bank of India has issued the Notification Number FEMA 205/2010 (“the New Notification”) on April 5, 2010 which s
An insight into SEBIs Insider Trading Regulations
The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 1992 requires that a person who is connected with a listed company and is in possession of any unpublished price sensitive information likely to materially affect
Incidence of stamp duty on merger-demerger
Payel JainVinod Kothari & Companypayel@vinodkothari.com Whether an order under section 394 of the Companies Act, 1956 would attract payment of stamp duty was an issue in dispute for a considerable period of time. The Delhi High Court has added t
397/398 - Company Law Board - forum shopping?
It is a fact that it is very rare to see a petition by a group of minority or majority under section 397/398 of the Companies Act, 1956 in listed Public Companies.
Petition under section 397/398 - maintainability?
I have been writing articles on various issues touching the corporate world and especially the issues under Companies Act, 1956. I was concentrating more on the law pertaining to Oppression and Mismanagement as dealt with under section 397/398 of
IPL issue- a classic case of corporate complications?
Many in this country including the corporates are closely watching the IPL controversy and it had led Mr.Shari Tharoor to submit his resignation. There are many interesting issues in the entire episode and I want to highlight few issues as a clas
Simple Tips for drafting Resolutions
TIPS FOR DRAFTING RESOLUTIONSResolutions are the decisions of the meetings and it should be so drafted that anybody not present at the meeting or anybody referring it later date will know clearly what the decision was at the meeting without referring
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