Articles by Amitav Ganguly
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Recent changes in the provisions relating to independent directors
The provision of independent directors in the Companies Act 2013 and the SEBI laws have been constantly in the limelight. Changes have ushered in from time to time by the authorities to make them more effective.
SEBI circular on the resignation of statutory auditors (with Format of Information)
SEBI circular on the resignation of statutory auditors
Beyond board meetings - Distinct meetings of independent directors
Good corporate governance practices call for implementation and maintenance of sound standards of conducting business affairs of a company.
Understanding third party director
Third Party Director, under the Companies Act 2013
Analysis of prohibitions & restrictions regarding political contributions
Earlier law for political contributions by companies, laid down in section 293 A of the erstwhile Companies Act 1956, has been improved under the new section 18...
Analysis of defects in appointment of directors
BACKGROUNDThe Board of Directors { Board} of a company is its highest decision making organ whose actions are however subject to shareholders jurisdictions as per the scheme of the Company jurisprudence. The directors constituting the Board act colle
Voluntary Exit by Directors under Companies Act 2013
INTRODUCTIONI. The provision of resignation of director has been introduced for the first time in the Companies Act 2013 {Act} through section 168. Before that, this was mostly given effect by companies as per provisions of their articles of associat
Analysis of directors' non cash transactions
OBLIGATIONS & DUTIES OF DIRECTORSThere are well established judicial precedents that the directors of companies have fiduciary obligations and also duties to act reasonably, in good faith and in the best interests of the companies where they hold
Analysis of directors' statutory obligations - Sec 166 of CA 2013
BACKGROUNDThe Companies Act 2013 {new Act 2013} for the first time has laid down the duties of directors in unequivocal terms in the section 166 in contrast to erstwhile Companies Act 1956. It is a well established judicial precedent that the Directo
Understanding managerial personnel & key managerial personnel
UNDERSTANDING MANAGERIAL PERSONNEL & KEY MANAGERIAL PERSONNELUNDER COMPANIES ACT 2013MEANING OF MANAGERIAL PERSONNEL/PERSONThe term �managerial personnel or managerial person� used interchangeably in the law, has not been defined per
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