Articles by Rasesh

The Game of Voting through Proxies

Posted by Rasesh 30 June 2010 20008 Views

The Game of passing resolutions with the help of Voting through Proxies The basic purpose of this article is to provide members with food for thought and look at the concept of Voting through Proxy in a different light. It has been observed that

Basic Understanding of Indian Depository Receipts (IDR)

Posted by Rasesh 18 June 2010 52050 Views

Basic Understanding of Indian Depository Receipts (IDR) Standard Chartered Bank created history in the Indian Capital Market by becoming the first foreign company to come up with an IDR issue. This IDR issue prompted me to study the subject the su

Shares with Differential Voting Rights A Strategic Tool

Posted by Rasesh 31 May 2010 29982 Views

Shares with Differential Voting Rights – A Strategic Tool WHY DIFFERENTIAL: Shares with differential voting rights (DVR) are shares which ‘differential’ voting rights than ordinary shares. If offers with differential voting rights

Points to be covered in Scheme of Amalgamation

Posted by Rasesh 12 April 2010 26258 Views

In this article I have tried to provide in summarized form, the content of a Scheme of Amalgamation. I have tried to cover all the basic clause’ concerning amalgamation matters. Normally, a Scheme runs into tens of pages. To keep it small, I ha

Scheme of Amalgamation: Principle of Single Window Clearance

Posted by Rasesh 06 April 2010 24414 Views

Scheme of Amalgamation: Analyzing the principle of 'Single Window Clearance' A Scheme of Amalgamation (“Scheme”) is a basically a Scheme in the nature of Arrangement under Sections 391 and 394 of the Companies Act, 1956 between

Step by Step procedure for Amalgamation

Posted by Rasesh 24 March 2010 154080 Views

Mergers and Amalgamations is a subject of interest for corporate professionals. On the basis of my experience of handling a few amalgamation cases, I have tried to pin down the step by step procedure for amalgamations. The procedure has been stated

Determination of Share Exchange Ratio for Amalgamation

Posted by Rasesh 11 March 2010 85892 Views

The Provisions relating to Merger and Amalgamation are contained in sections 391 to 396A (Chapter V of Part VI of the Companies Act, 1956.) The Scheme of Amalgamation is the basic document which contains the terms and conditions under which the am

Detailed Procedure for Winding Up - Under Order of the Court

Posted by Rasesh 02 March 2010 76097 Views

In our country, every corporate house has incorporated many group companies which were run efficiently for some time. But with passage of time, the utility of having such large number of group companies reduced and then the management thought it fit