Articles by Durga Rao

Understanding "Books of Account" under Company Law

Durga Rao 23 April 2009 at 13:24

Understanding “Book of Accounts” under company law: Clause (a) to (c) of the sub-section (1) of section 209 requires every company to maintain books of accounts in respect of receipts, expenditure, sales, purchase, assets and

Corporate Governance - the consequences of non-adherence

Durga Rao 13 April 2009 at 14:35

We often hear about “Corporate Governance” while referring to some misdeed in some big listed Public Company. We refer the term “Corp..

Evidentiary value of minutes under section 195 - an analysis

Durga Rao 08 April 2009 at 13:11

Section 195 of Companies Act, 1956 says that where minutes of the proceedings of any general meeting of the company or of any meeting of its Board of directors or of a committee of the Board have been kept in accordance with the provisions

Settled Principles of Law Vs. Company Law

Durga Rao 07 April 2009 at 13:30

Understanding settled principles of law is very very important while presenting or pursuing a case before a Court of law, Board or any Tribunal. Keepin..

National Company Law Tribunal - a comment

Durga Rao 01 April 2009 at 17:15

National Company Law Tribunal–comment: With the companies’ law amendments, 2002, by which the National Company Law Tribunal was constituted, puts a specific bar on the Civil Court’s Jurisdiction. The constitution of Nat

Powers of Tribunal/CLB under section 397/398 of the Act.

Durga Rao 27 March 2009 at 15:46

It is really very difficult to codify the powers of the Tribunal under section 397/398 of the Act. Obviously, the Tribunal has wide powers or powers to pass such orders in order to put an end to the matters complained of. While all the se

Is company law complicated?

Durga Rao 26 March 2009 at 17:52

As everybody know, the formation and functioning of companies in India are governed by the Companies Act, 1956, the rules framed by the Central Government, the SEBI regulations and RBI guidelines and regulations on certain issues like inter-country t