Corporate Law Articles

Insider Trading - An Overview (Part II)

CMA. CS. Sanjay Gupta 17 October 2011 at 12:13

Insider Tading An Overviw (Part II) Disclosure requirements Initial Disclosure by member Any person who holds more than 5% shares or voting rights in any listed company shall disclose to the company/Compliance Officer in Form A, the

An introduction to FEMA 1999

CS Usha 11 October 2011 at 11:08

The Foreign Exchange Management Act 1999(FEMA) was an act passed in the winter session of Parliament in 1999

XBRL An effective tool

CS Pankaj Khanna 04 October 2011 at 15:41

XBRL- Providing A Big Leap In Financial World With the advent of XBRL the process can be expected to be smooth and will be beneficial in the long run. The management of the company,

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