TIPS FOR DRAFTING RESOLUTIONSResolutions are the decisions of the meetings and it should be so drafted that anybody not present at the meeting or anybody referring it later date will know clearly what the decision was at the meeting without referring
Decoding the “Takeover Code” [SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997] By Payel Jain Vinod Kothari & Company Main idea behind the Coding of Takeover Code Some group of individuals commonly referred
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
Listed Company Compliances-Due for April 2010 Dear Members, Please find below a detailed compilation
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
As we all aware, section 397/398 of the Companies Act, 1956 deals with oppression and mismanagement and the protection to the minority against the majority.
Corporate Social Responsibility as an expression was used perhaps for the first time in 1953 when Bowen raised the question “What responsibility to Society can business people be reasonably expected to assure”. Crudely put, the notion o
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
372A of the Companies Act in a Simple Format Section 372A of the Companies Act makes u aware of the provisions regarding Intercorporate Loans and Investments. This section also covers the guarantees and securities pledged for the grant of Loans
Share transfers: We all know the settled law that the Private Company can have restrictions in its Articles restricting the right of its shareholders in transferring the shares. There can not be any such restriction in the articles of Public C
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