Section 56 of the "New Act" [Companies Act 2013], substitutes of old provisions pertaining to transfer and transmission of shares of a company. It is pertinent to note that Section 56 not only provides provisions for transfer of sh ..
Today the word �Wilful defaulter� is the humming word of every Indians, since the bank declared Mr. Vijay Malya as wilful defaulter.Can a bank declare any one as defaulter?No, the bank cannot exercising the same on its own, but they can e ..
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 ..
The reported warning by Securities Exchange Board of India (SEBI) to mutual fund companies against trying to bail out NPA accounts would be a serious dampener to revive companies that have been declared as NPAs. While the RBI dictate is already pre- ..
Having been in this space for almost two decades, I can really see the ..
Section 185 and Section 186 are sections that companies have to deal with on a regular basis. The snapshot of all the compliances required to be undergone for lending a ..
A stable profitability that in absence of fluctuations in business and a constant output growth and low and stable inflation and with the capability of facing recession will be achieved through Merger or de-Merger of two or more companies. The Hon& ..
INTRODUCTION Good rules are always essential to allow businesses to function with ease just as they are required to allow traffic to flow smoothly, but the challenge is to strike the right balance between regulation and relaxation. ..
INTRODUCTION Securities and Exchange Board of India (SEBI) on September 2, 2015 issued the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (�Listing Regulations�) with the aim ..
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 ..
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