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Articles by Sitansh Magia

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Is insolvency law enacted to curb the inefficiency or to promote negative activism in business environment?

  Sitansh Magia    12 June 2017 at 11:14

The evaluation of the flipside of the newly enacted Insolvency Law to suggest some reforms in order to make it useful and stand upto the expectations



All about independent directors

  Sitansh Magia    20 May 2015 at 10:48

INDEPENDENT DIRECTOR (ID):The term is defined in sec 149(5). In nut shell, a person qualifies for being appointed as the ID if (a) he is not the Promoter or related to the promoters of the company, its holding co., subsidiary companies or associate c



Snapshot of changes in operative provisions by the Companies (Amendment) Act, 2015

  Sitansh Magia    18 May 2015 at 10:35

The Companies (Amendment) Bill, 2015 - Proposed changes The Companies (Amendment) Bill, 2015 is on the anvil of becoming a reality now. This will reduce many procedural requirements. All proposals seem to be favourabl