Articles by Ramaswami Kalidas

Companies (Amendment) Act, 2019 - CSR Provisions become more stringent

Ramaswami Kalidas 09 August 2019 at 16:13

The Companies (Amendment)Act, 2019 which has received the nod of both houses of parliament by July,30, 2019 represents a seemingly endless saga of the slew of changes and alterations made to the Companies Act,2013 (hereinafter �The Act�) ..

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Posted in Corporate Law | 725 Views

The Law relating to significant beneficial ownership in Shares - Some perspectives

Ramaswami Kalidas 27 August 2018 at 16:29

IntroductionIt would be a travesty to state that the Companies Act, 2013 (hereinafter �the Act�) has stabilized in its operation since it received the stamp ..

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Posted in Corporate Law | 816 Views

Implications of amendments made by SEBI to Listing Regulations, 2015

Ramaswami Kalidas 16 August 2018 at 10:53

Implications of amendments made by SEBI to Listing Regulations, 2015IntroductionIn exercise of its powers conferred on it under the SEBI Act, 1992, in terms of its Notification No.SEBI/LAD-NRO/GN/2018/10 dated May, 9, 2018 , SEBI has put through a sl ..

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Posted in Corporate Law | 1 comments | 647 Views

The curious case of the "Chief Executive Officer" under the Companies Act,2013

Ramaswami Kalidas 04 June 2018 at 11:12

One of the innovations in the Companies Act,2013 (hereinafter referred to as "The Act") is that it has given rise to a new genre of corporate personnel who are collectively referred to as �key managerial personnel�(KMP).The ..

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Posted in Corporate Law | 1 comments | 7259 Views

SEBI Notification amending some provisions in SEBI (LODR) Regulations, 2015

Ramaswami Kalidas 17 May 2018 at 13:51

Summary of Changes to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-Implications of Changes.Vide Circular dated May 10, 2018, SEBI have notified changes to the above Regulations, in partial acceptance of the some of the r ..

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Posted in Corporate Law | 5432 Views

Companies Amendment Act-2017 - Analysis of provisions relating to Directors

Ramaswami Kalidas 16 March 2018 at 11:03

The Companies Amendment Act,2017(herein after referred to as the �Amendment Act�)has finally seen the light of the day after a period of prolonged hibernation las ..

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Posted in Corporate Law | 1 comments | 4944 Views

Appointment of small share holder director

Ramaswami Kalidas 08 August 2017 at 12:56

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 ..

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Posted in Corporate Law | 732 Views

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

Ramaswami Kalidas 03 July 2017 at 12:48

Companies Act 2013. Key Managerial Personnel. KPM. KPM defined. CEO defined. CEO has no powers of management under the Companies Act 2013. Appointments. Term. Section 203 of Companies Act. ..

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Posted in Corporate Law | 3 comments | 16054 Views

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

Ramaswami Kalidas 01 March 2017 at 12:06

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, ..

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Posted in Corporate Law | 3862 Views

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

Ramaswami Kalidas 30 January 2017 at 10:31

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 ..

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Posted in Corporate Law | 885 Views