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Public Comments sought on Draft of Forward Contracts (Regulation) (Intermediaries) Rules, 2014

The Ministry of Finance is in the process of strengthening the regulatory framework of the commodity derivative markets for some time. As part of this process, greater empowerment of Forward Markets Commission (FMC), the market regulator is also bei

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Casting vote of chairman

Posted by Anuraag Radhakrishna

The Articles of association of the company allow the Chairman to have a casting vote in case of a deadlock. At the beginning of a general meeting the chairman is appointed by show of hands pursuant to Section 104 of the Companies Act 2013. When a poll on the same is called it leads to a deadlock due to which the Chairman uses his casting vote to appoint himself Chairman for the rest of the meeting. Would he be allowed to do so??

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Checklist for action under SARFAESI Act

Authorised Officer who is clothed with statutory power has to exercise higher degree of caution and care in following the prescription law while ta

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Minority shareholder's rights upgraded

The majority rule has been applicable to the management of the affairs of the companies always. Democratic decisions are made in line with the majo

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Responsibility of States for acts of Transnational Corporations: A dwelve upon the Jurisprudence of Liability

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Updated on : 01/10/2014 18:56:01

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