Ramaswami Kalidas

Articles by Ramaswami Kalidas


08 August 2017 at 12:56

Appointment of small share holder director

  POSTED BY Ramaswami Kalidas

Section 151 of the Companies Act, 2013-Small shareholders� rights to appoint Nominee on the Board-Whether their rights have been scuttled by Alembic Pharma Section 151 of the Companies Act, 2013 (hereinafter referred to as �The Act&rd

  0 comments |   157 Views


03 July 2017 at 12:48

Appointment of KMPs u/s 203 of the Companies Act 2013 - Issues

  POSTED BY Ramaswami Kalidas

IntroductionThe Companies Act, 2013 (hereinafter referred to as �The Act�) has ushered in a number of innovative changes as compared to its predecessor Act and one such novel feature relates to the mandatory appointment of �key

  2 comments |   667 Views


01 March 2017 at 12:06

Resignation of a Director - When does it take effect - Confusion caused by the Companies Act, 2013

  POSTED BY Ramaswami Kalidas

Section 168 of the Companies Act, 2013 (hereinafter referred to as "The Act") lays down the provisions relating to resignation of a director from his office. Section 165 of the Act,

  0 comments |   617 Views


30 January 2017 at 10:31

Strong arm tactics of the MCA-Non-compliances under Section 135 - Whether justified

  POSTED BY Ramaswami Kalidas

IntroductionIt is a matter of great consternation that the Department of Company Affairs is working overtime to book companies for alleged violations of the provisions of Section 135 of the Companies Act, 2013(hereinafter the “Act”).Show cause Notice

  0 comments |   319 Views


06 April 2016 at 17:09

The Companies (Amendment) Bill, 2016-Finally some breath of fresh air

  POSTED BY Ramaswami Kalidas

IntroductionIt is an admitted fact that ever since the companies Act, 2013 (hereinafter called �The Act�) and the slew of Rules there under notified by the MCA from time to time, have been set in motion, it has been an uphill task for cor

  0 comments |   960 Views


02 January 2016 at 10:51

Secretarial Standard-2(SS-2) relating to General Meetings - Some perspectives

  POSTED BY Ramaswami Kalidas

Introduction Pursuant to the provisions of Section 118(10) of the Companies Act, 2013(hereinafter �The Act�), it is incumbent upon every company to observe secretarial standards with respect to general and Board meetings as specified by

  0 comments |   886 Views


25 November 2015 at 11:17

SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015 - Regulation 30 Examined

  POSTED BY Ramaswami Kalidas

IntroductionIn exercise of the powers conferred under the relevant provisions of the SEBI Act,1992 read with Section 31 of the Securities Contracts(Regulation)Act,1956,the above Regulations have been notified by SEBI on September 2, 2015 and shall be

  0 comments |   951 Views


07 September 2015 at 13:46

Appointment of independent directors

  POSTED BY Ramaswami Kalidas

Appointment of Independent Directors under the Companies Act, 2013 � Can it be through Board Process or through General Meeting - Some grey areas visited. Introduction Recognizing the need to elevate the levels of corporate governance not onl

  0 comments |   2618 Views


22 July 2015 at 11:58

MCA's olive branch to Private Companies - Notification dated June,5,2015 – A Commentary

  POSTED BY Ramaswami Kalidas

Introduction It is an admitted fact that small and marginal companies have been up in armsfrom the time the Companies Act,2013 (hereinafter referred to as the �Act�) was unleashed in the year 2013 partiallyto substitute what was considere

  0 comments |   1477 Views


15 June 2015 at 11:06

Secretarial Standard-1(SS-1)-relating to Board and Committee Meetings: A critical Analysis

  POSTED BY Ramaswami Kalidas

Introduction Section 205 of the companies Act,2013, (herein after referred to as �The Act�)inter alia, enjoins upon the Company Secretary to ensure that the company complies with the applicable Secretarial Standards. The Explanation unde

  0 comments |   1872 Views








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