Corporate Law Articles

Non-compliance of provisions - Opression and Mismanagement

Posted by Durga Rao 05 October 2009 8555 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 64215 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 40542 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 17777 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 12733 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 103294 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 8153 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 12070 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

Formalities for starting a New Business

Posted by Ankur Garg 05 September 2009 39040 Views

Formalities for starting a New Business with Existing Business [Section-149(2A)] As per Section 13 of the Companies Act, 1956 the Object Clause of a company shall be divided into three categories:— 1. (i) main objects; (ii) objects incide

Why do Arbitration proceeding too gets delayed?

Posted by Durga Rao 27 August 2009 7276 Views

In order to address the issue of delay before Traditional Courts and in order to decrease the burden of courts, Alternative Dispute Resolution Mechanism was mooted and now everybody is aware of Arbitration proceedings. As everybody knows, Arbitratio