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Articles by Ramaswami Kalidas

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

  Ramaswami Kalidas   06 April 2016 at 17:09

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 ..

Posted in Corporate Law |   1187 Views

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

  Ramaswami Kalidas   02 January 2016 at 10:51

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 ..

Posted in Corporate Law |   1140 Views

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

  Ramaswami Kalidas   25 November 2015 at 11:17

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 ..

Posted in Others |   1324 Views

Appointment of independent directors

  Ramaswami Kalidas   07 September 2015 at 13:46

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 ..

Posted in Corporate Law |   4754 Views

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

  Ramaswami Kalidas   22 July 2015 at 11:58

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 ..

Posted in Corporate Law |   1821 Views

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

  Ramaswami Kalidas   15 June 2015 at 11:06

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 ..

Posted in Others |   5333 Views

Related Party Transactions: Some perspectives

  Ramaswami Kalidas   17 March 2015 at 13:48

The Companies Act, 2013 (hereinafter referred to as �the Act�) provides a composite code for regulating transactions with related parties through the insert of provisions under Section 177 and 188 and Rules prescribed under the Companies ..

Posted in Others |   2247 Views

Sprucing up the Companies Act, 2013 and the rules thereunder: A long journey ahead

  Ramaswami Kalidas   06 January 2015 at 11:46

Readers are aware that endeavours to bring in a new law to replace the Companies Act of 1956 on the ground that it had become antiquated and outlived its usefulness were on for quite some years. Despite the prolonged period of incumbation , one ..

Posted in Others  3 comments |   1962 Views

Legal provisions relating to corporate social responsibility-some unanswered questions still

  Ramaswami Kalidas   02 December 2014 at 15:11

The provisions under Section 135 of the Companies Act, 2013(hereinafter referred to as �The Act�) and the Rules there under, are , in a ..

Posted in Corporate Law |   3738 Views

Appointment of key Managerial personnel under Section 203 of the Companies Act,2013- Some perspectives

  Ramaswami Kalidas   29 October 2014 at 10:35

Appointment of Key Managerial Personnel �Section 203 of the Companies Act, 2013-Some Perspectives Ramaswami Kalidas Much water has flowed down the bridge since the substantive provisions in the Companies Act, 2013 (herein after referred to ..

Posted in Corporate Law  1 comments |   5690 Views