Key takeaways The New Companies Law in Saudi Arabia, which is in accordance with the Kingdom's 2030 Vision, brings about fresh reforms, permits more flexibility, protects corporate interests, strengthens the private sector, and adheres to the glo ..
Key Takeaways FEMA makes sure that foreign trade and payments are in order, as well as that the foreign exchange market in India develops and is maintained in an orderly manner. An authorised dealer under FEMA is an authorised dealer, money changer, ..
Key takeaways The Public Gambling Act of 1867 is the piece of legislation that regulates online gambling in India. An online gaming licence is required for the state of Sikkim and Nagaland, while Andhra Pradesh has a blanket ban on internet gambling, ..
Key takeaways Cross Border merger is a merger of the operations of two or more companies that are formed in one or more foreign jurisdictions. Both inbound and outbound mergers are considered cross-border mergers. An inward merger is a cross-border m ..
Key takeaways The Central Vigilance Committee's was created primarily to ensure that all forms of corruption in the public sector may be effectively avoided and dealt with in detail. It has the status of an autonomous body, free of control from a ..
Key takeaways Harshad Mehta scam is one of the largest financial and stock market scammers in India. His conduct in misleading people about the stock and financial markets, caused numerous banks to lose money and go bankrupt. Harshad Mehta’s of ..
Key takeaways On November 11, SEBI unveiled the rules governing online bond marketplaces that sell listed debt instruments. The Securities and Exchange Board of India (SEBI)'s regulation on the online bond platform may aid in the growth of the fi ..
Key takeaways In this case, the plaintiffs claimed that the company's property had been misused, wasted, and the wrong kinds of mortgages had been granted on it. They demanded that a receiver be appointed and that the responsible people be made l ..
Key takeaway The urgent necessity is to control banks and financial entities. The behaviour of bank personnel and the desire for financial gain were highlighted in this case. In order to reduce greed and reform the financial system to stop fraud and ..
Key takeaways Section 433 of the Companies Act, 2013 stands out in giving the court or tribunal the authority to wind up a company. The tribunal will grant the petition for winding up based on the shareholders' just and equitable arguments, but o ..