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corporate law


Opening of an Escrow Account for FDI Transaction

Introduction:   Escrow is derived from the old French term escroue, which refers to a roll of parchment paper or a small scrap of paper held by a third party until the tran..

Posted in articles |   1 comments |   4693 Views


LML-PIAGGIO Case Study

INTRODUCTION   The case study focuses on the breakup of the joint venture agreement between LML Ltd., and the Italian automobile major, Piaggio. The case deals with the various developments that led to the break-up, and claims and counter-claims made by LML and Piaggio. After a year long bitter dispu..

Posted in articles |   6504 Views


Recovery of Dues from the State under DRT proceedings

  An important issue came up before Hon’ble Guwahati High Court in the matter of State of Nagaland and others v/s. UCO Bank & others [AIR 2004 Guwahati 150]. In this case the main iss..

Posted in articles |   2518 Views


Anti Dilution Protection

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Posted in articles |   5018 Views


LML-Piaggio Case Study

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Posted in articles |   4002 Views


Beg to Differ – SC Judgment in Sita Ram Gupta Vs Punjab National Bank and Ors

1. Introduction Recently, a 2 judge bench of hon’blespan style="m..

Posted in articles |   2 comments |   4907 Views


Arbitration Clause in General Insurance Policies – A Legal Gimmick to Avoid Liability

“If parties to a contract have agreed to something unreasonable, they should be treated as if they have not agreed at all and be released. This happens in the case of general insurance contracts and is dealt with here in the light of a recent decision.” span sty..

Posted in articles |   4 comments |   5522 Views


Beg to Differ – SC Judgment in Sita Ram Gupta Vs Punjab National Bank and Ors

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Posted in articles |   2 comments |   2390 Views


Optimal Balance of Financial Instruments: Long-Term Management, Market Volatility & Proposed Changes

An optimal mix of financial instrument can be structured to incentivize the management to focus on the long-term management. However there is not a single unique optimal mix available for all firms. It will vary..

Posted in articles |   1 comments |   9669 Views


Lies Vs Truth Regarding Recovery Of ‘Industrial Loan’

1. The ‘Industrial Loan’ is required for ..

Posted in articles |   4 comments |   3347 Views


Whether Mens Rea Necessary For Crimes by Corporate Houses

Mens Rea means “Guilty Mind”, can a Company, which is an artificial person, have a guilty mind? Can corporate houses claim immunity from criminal prosecution because they cannot be physi..

Posted in articles |   2 comments |   4129 Views


Applicability of Caveat Application in DRT proceedings

Hon'ble High Court, Andhra Pradesh vide order dated span style="fontt-size: ..

Posted in articles |   4 comments |   8246 Views


Third party rights in SARFASI Act problems & suggestions

The present situation of third party rights in the SARFASI Act is that, possession of third parties cannot be taken by adopting measure under Section13(4). Third party is not given notice under 13(2), taking possession from a third party in such a manner is not contemplated in SARFASI. Here the Supreme Courts have played an impor..

Posted in articles |   5 comments |   3454 Views


Requirement of transfer in case of conversion of a firm into a private limited company

.auto-style2 { font-weight: bold; } Requirement of transfer in case of conversion of a firm into a private limited company under Part IX of the Companies Act, 1956 p class..

Posted in articles |   4326 Views


Jurisdiction in SARFASI and DRT

Jurisdiction of DRT under the SARFASI Act, 2002:- p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;lin..

Posted in articles |   4 comments |   3413 Views


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