Corporate Law Articles

Direct Investment by Residents in JV & WOS Abroad - (FEMA)

Posted by CS Usha 19 October 2011 12466 Views

Adit 12.00 The Date of 24th July of 1991 is taken as a turning point in the history of the Industrial Develop

Appointment of Company Secretary in listed company

Posted by cs A Rengarajan 17 October 2011 22006 Views

Chennai based listed company having paid up capital less than Rs.5 crores taken a view that it does not require whole time company secretary in employment. As per Section 383A, of Companies Act, 1956, there is no mandatory requirement of appointm

Insider Trading - An Overview (Part II)

Posted by CMA. CS. Sanjay Gupta 17 October 2011 15455 Views

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

Posted by CS Usha 11 October 2011 38008 Views

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

XBRL An effective tool

Posted by CS Pankaj Khanna 04 October 2011 7046 Views

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?

Posted by CS Advocate Abhishek Goyal 29 September 2011 32766 Views

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?

Posted by Durga Rao 21 September 2011 15702 Views

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

Posted by CS Pankaj Khanna 20 September 2011 6320 Views

INDEPENDENT DIRECTORS A Snapshot. The new legislation may require an independent director to have understan

Forfeiture of Shares

Posted by CS Ankur Srivastava 19 September 2011 99739 Views

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

All about rights, duties and liabilities of a Director

Posted by G S Rao 12 September 2011 319741 Views

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