Corporate Law Articles

Inspection Books of Account and Investigation

G S Rao 16 April 2012 at 13:42

Introduction In my previous article titled Books of account under Section 209 of the Companies Act, 1956 a detailed analysis of Section 209 was made. As a sequel, I intend to cover the provisions of Section 209-A which deals with i

Clause 41 of the Listing Agreement: A synopsis

CS Ankur Srivastava 10 April 2012 at 11:21

Clause 41 of the Listing Agreement deals with preparation and submission of Financial Results to the Stock Exchange. The Company has to disclose its quarterly and yearly results to the Stock Exchange in the following manner:- The Company has an

Note on Revised Schedule VI: Shareholders' Funds

Ajay Mishra 10 April 2012 at 11:20

The Ministry of Corporate Affairs (MCA) has prescribed a revised Schedule VI to the Companies Act, 1956 vide Notification dated 28.02.2011 which is applicable fo

Fast Track Exit

Priyanka 09 April 2012 at 11:39

Who can apply? (i) has not commenced any business activity or operation since incorporation; or (ii) is not carrying over any business activity or operation for last one year before making application under FTE. (i

Share Valuation in Merger

CA Vivek Kumar Mishra 09 April 2012 at 11:39

Today merger & acquisition are very common. In Indian Company Law Merger & Acquisition are governed by section 391-394 of the Companies Act, 1956. For this Honble jurisdictional High courts permission has to be obtained for sanction o

SEBI (SAST) Regulations 2011

Shanmuga Priya 09 April 2012 at 11:39

SEBI (Substantial Acquisitions of Shares and Takeover) Regulations 2011 In the wake of India emerging as one of the fastest growing economies in the world, Mergers & Acquisitions (M&A) have become one of the most common types of res

Getting relief from DRT under SARFAESI Act, 2002

Durga Rao 06 April 2012 at 13:36

It would be clueless for the professionals at times in answering the queries of the borrowers facing proceedings under The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. If the

Procedure for Issue of FCEBs

Ajay Mishra 02 April 2012 at 11:18

PROCEDURAL REQUIREMENTS Before the issue of FCEBs to a person resident outside India, the issuing company must note the following points: 1. Whether, the issuing company is eligible to raise funds in foreign exchange in accordance with For

Pay Later Option in MCA Portal

CS MOHIT SALUJA 31 March 2012 at 14:52

Pay later option The Ministry started the Pay Later Option on the MCA Portal which got effective from March 20, 2012. What Pay Later option is and what is its benefit will be discussed here. What is Pay Later Facility Currently, payment for MCA21 se

Short Note on Issue of Foreign Currency Exchangeable Bonds (FCEBs)

Ajay Mishra 27 March 2012 at 15:09

INTRODUCTIONS Traditionally, overseas acquisitions were being funded through a verity of sources such as drawl of Foreign Exchange in India, Capitalization of Exp