Corporate Law Articles

Buy Back of shares - Who is benefited the most?

CS Advocate Abhishek Goyal 29 September 2011 at 12:55

BUY BACK OF SHARES- WHO IS BENEFITTED THE MOST? CS Abhishek Goyal As we are aware, Indian companies were not allowed to repurchase its own securities prior to coming into force of Companies (Amendment) Act, 1999. The said amendment inserted new s

Subsidiaries under section 397/398 of Companies Act, 1956?

Durga Rao 21 September 2011 at 12:52

It is very frequently alleged that the remedy available to shareholders under section 397/398 of the Companies Act, 1956 is not effective. There are several issues to say as to why the remedy available to the shareholders under section 397/398 of

Snapshot of Independent Director

CS Pankaj Khanna 20 September 2011 at 13:47

INDEPENDENT DIRECTORS A Snapshot. The new legislation may require an independent director to have understan

Forfeiture of Shares

CS Ankur Srivastava 19 September 2011 at 18:21

While making calls the following basic requirements must be satisfied: (i) For each call at least 14 days' notice must be given to members. (ii) Stock exchange(s) shall be advised of the proposal a

A practical insight to XBRL Efiling

CA Ankit Gulgulia (Jain) 12 September 2011 at 16:24

A practical insight to XBRL Efiling Introduction to XBRL XBRL (Extensible Business Reporting Language) is another advanced reporting language of the XML family. XBRL ensures that the figures reported to government authorities and other organisati

All about rights, duties and liabilities of a Director

G S Rao 12 September 2011 at 16:24

All about rights, duties and liabilities of a Director INTRODUCTION: Prosecution of Mr. Keshub Mahindra, for the Bhpoal gas tragedy which resulted in loss of several lives, sent shock waves in the Corporate world. Mr. Kesub Mahindra was non Executi

MCA's initiative to speed up winding up

Nidhi Ladha 30 August 2011 at 12:11

The Faster way to Corporate Death MCA initiates Measures to Speed-up Winding Up Team Vinod Kothari & Company vinodkothari@vinodkothari.com/ nidhiladha@vinodkothari.com Question 1: How long does it take to form a company? In older days, near

Insider Trading - An Overview (Part I)

CMA. CS. Sanjay Gupta 29 August 2011 at 13:03

Meaning of "Insider" An insider is understood as a person having control over the management of affairs of the corporation and who has deep insight into the affairs

Limited Liability Partnership

Shireen 19 August 2011 at 18:16

Before I get into the intricacies of LLP, let me give u a briefing of the context that led to the evolution of LLP

Write up on Company Law Settlement Scheme, 2011

CS DHANAPAL 17 August 2011 at 15:37

S.DHANAPAL & ASSOCIATES Practising Company Secretaries Chennai WRITE UP ON COMPANY LAW SETTLEMENT SCHEME, 2011 AND FAST TRACK EXIT MODE FOR DEFUNCT COMPANIES