S ection 397/398 of the Companies Act, 1956 provides a relief to the minority against the majority if the majority indulges in the oppressive acts and the acts of mismanagement. It is not that every shareholder can avail the remedy available un
Every one knows the object of section 397/398 of the Companies Act, 1956 and it is to bring an end to the matters complained of and to regulate the affairs of the Company in future. A great responsibility is cast on the Company Law Board under se
Introduction : In Indian corporate scenario it is observed that many a time promoters register their companies under the Companies Act, 1956, but could not turn their corporate venture operative due to various reasons. The readers may be aware tha
PROXY PROVISIONS -_A PROCEDURAL ANALYSIS Dear Members, Please find below a useful article covering some
Dear Professional colleagues, Please find below some useful sample Main object clauses for the draftin
Easy Exit Scheme, 2011 Dear Friends, Refer my article on 02.08.2010, titled Company Law Settlement Scheme, 2010, Easy Excit Scheme,2010 (http://www.caclubindia.com/articles/company-law-settlement-scheme-easy-exit-scheme-2010--6421.asp ), wherein fin
I have been continuously focusing at the complications in the corporate world and especially about the protection to the shareholders in a Company. I have seen cases where the majority does everything in order to deny the rightful share of the mino
Directors Identification Number (concept) The concept of a Director Identification Number (DIN) has been introduced for the first time with the insertion of Sections 266A to 266G of Companies (Amendment) Act, 2006. As such, all the existing a
Leading Cases on Company Law As the trend of asking questions have been changed by ICAI, I thought this might be useful. I compiled these decided case laws from various sources like RTP, study module, compilation o
Criminal Liability of Independent Directors Until now, 'Samaritans' is not how the Independent Directors are purported by Clause 49 in the Listing agreement. An Independent Director is somebody who receives the normal remuneration w
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