Articles by Durga Rao

How to look at the issue of 'membership' under section 399?

Durga Rao 17 January 2011 at 10:18

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

Petition under Section 397/398 - Importance of Prayer?

Durga Rao 15 January 2011 at 10:47

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

Acquire legal knowledge and it will help you

Durga Rao 15 January 2011 at 10:44

Students pursuing CA and CS will study the subject of law too as part of their syllabus and the ICAI and ICSI do lay due emphasis on conceptual issues and many fundamental legal concepts. But, what I observe is that the students pursuing CA and C

Can a borrower dispute the outstanding due under section 17

Durga Rao 20 December 2010 at 13:54

We all aware of the object behind SARFAESI Act, 2002 and it is to enable the banks to recover the debts speedily and to enable the banks to reduce NPAs. Despite lot of criticism that SARFAESI Act, 2002 is draconian law and it enables the Banks to ha

Minority Shareholders In A Company - the protection?

Durga Rao 15 December 2010 at 17:01

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

Law of Arbitration - section 397/398 of Companies Act?

Durga Rao 23 November 2010 at 12:41

A brief: Alternative Dispute Resolution Mechanism (ADR) is encouraged in view of the fact that there exists an unreasonable delay in the Courts. Among the other modes of Alternative Dispute Resolution (ADR), dispute resolution through Arbitration

Is it correct to blame Advocates and Courts for delay?

Durga Rao 13 November 2010 at 15:59

Note: I have thought many times before posting the following brief as it is not directly connected to the CA and CS students or the professionals, however, finally I thought that there is nothing in posting article dealing with an important issue in

Conceptual understanding takes you to success?

Durga Rao 12 November 2010 at 12:12

I am writing this brief with lot of expectation from student community and also from the young professionals servicing the corporate world or the society. Whenever I get an opportunity, I would like to talk to students and listen to them as there ar

Removal of Directors and the litigation?

Durga Rao 02 November 2010 at 12:24

We all know the role of the Directors in any Company and Board is collectively involved in the day-to-day affairs of the Company.

Role of Directors or Board of Directors (BoD) in a Company?

Durga Rao 01 November 2010 at 12:22

There were many judgements on the role of directors and the responsibility of directors/Board of Directors in any Company. In Private Limited Companies or the Public Companies, the role and responsibility of the Directors or the Board of Directors