The start of 2008 sees India’s long-awaited competition regime finally taking shape. Under the Competition Act 2002 as amended by the Competition (Amendment) Act 2007 (the Act), India now has a competition regime which governs mergers, cartels ..
How to persuade clients to negotiate (and that they might enjoy it!)In 1906, Jack B. Yeats wrote an article for The Guardian describing the Flat Iron Market in Manchester:"Here you do not stand sourly while a pale-faced short-tempered shopman wh ..
CHENNAI: Billions of dollars of Indian wealth could be stuck in Swiss bank accounts simply because of the absent-mindedness of their original account holders. Apart from the money that living tax evaders may have stashed away in tax havens, there is ..
Kyoto Protocol sets gas emission targets Q: What is the Kyoto Protocol? A: Over a decade ago, most countries joined an in ..
Chief Justice of India K G Balakrishnan has said that UK law firms could be allowed to operate in India but a final decision in the matter would have to be taken by the Indian Bar Council."I don't think Indian Bar Council can continue to resist ..
As the primary market regulator Securities and Exchange Board of India (SEBI) has realised the need to not only lay down broadbased framework and regulations, but also actually go into the next level of detail in creating an architecture for monitori ..
The Reserve Bank of India (RBI) may de-license or leave it to banks to open branches in rural and semi-urban centres, in a step towards liberalising its branch authorisation policy.If that happens, it will no longer be compulsory for a bank to open b ..
I have earlier written some articles dealing the issue of oppression and mismanagement under section 397/398 of Companies Act, 1956. I am of the opinion that the company law is very very complicated world wide in view of its complicated struct ..
BASIC UNDERSTANDING AND DEFINITION OF MANAGING DIRECTOR, MANAGER AND WHOLE TIME DIRECTOR 1. Managing Director [Refer Section 2(26)]In terms of section 2(26), a managing director means a director who, by virtue of an agreement with the company o ..
Appointment of a person as a MD who is already MD or Manager of another company If the appointment is made or approved by a resolution passed at a meeting of the Board with the unanimous consent of all the directors present at the meeting, a public c ..
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