DIRECTOR’S RESPONSIBILITY FOR DISHONOUR OF CHEQUES? We need not go into the background concerning the usage of cheque and it is a reality now that the payments through cheque have become an indispensable part of the mercantile community and
Rationale for requirement: A large number of shares distributed among a large number of shareholders are essential for the sustenance of a continuous market for listed securities to provide liquidity to the investors and to discover fair prices. The
Procedure for passing of a resolution by Postal Ballot pursuant to Section 192A and Companies (Passing of Resolutions by Postal Ballot) Rules, 2001.
The provisions of Companies Act, 1956 makes it very clear that every company should maintain proper books of accounts and should record all the transactions of the Company pertaining to sales
Another money market instrument – short term NCDs Vinod Kothari & Payel Jain Vinod@vinodkothari.com payel@vinodkothari.com In order to regulate and control money market instruments – that is, short term debentures of 3-12 months
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
Whenever the Company receives any request for issue of Duplicate Share Certificate, in lieu of the lost one, the Company shall ensure that the Original Share Certificate does not exist.
Unit Linked Insurance Products- Whose Territory Is It Anyway? Background The war between the two regulators of India- IRDA and SEBI began on April 9 of this year when SEBI banned 14 Insurance companies from selling ULIPs, citing the case with it
Please find below a useful corporate article containing some useful sample
Whether SARFAESI Act is applicableto derivatives dues of banksVinod Kothari The Securitisation Act (SARFAESI Act) marks the swinging of the pendulum – law was against the lender and for the borrower prior to 2002; the SARFAESI Act swung the pen
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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