In order to address the issue of delay before Traditional Courts and in order to decrease the burden of courts, Alternative Dispute Resolution Mechanism was mooted and now everybody is aware of Arbitration proceedings. As everyb..
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In order to reduce the delay in courts and in the process of traditional adjudication mechanism, the Alternative Disposal Mechanism (ADR) was mooted. The dispute resolution through Conciliation, Arbitration and Mediation etc., is regarded as alternative mech..
In day-to-day commercial transactions, we will enter into many agreements or contracts. While certain agreements are prepared mechanically and get e..
Insider Trading in Securities - Need for Stricter Enforcement D.K. Prahlada Rao*, FCS, Advocate and Director (Training), Fox Mandal Little, Solicitors, Bangalore. In order to ensure a level playing field to the company employees and the outside investors in securities, the SEBI has p..
Insider Trading Regulations – At a Glance P. R. Raamaanathan, FCS, Company Secretary, Kothari Sugars and Chemicals Ltd., Chennai. * SEBI(Prohibition of Insider Trading)(Amendment) Act, 1992 dated 19-November-2008 INTRODUCTION To protect the common investors in securities and to stop the misuse of price sensitive..
Refund of Loan Obtained Through Fraud or Payment of Penalty Imposed by Revenue does not Grant Immunity from Criminal Prosecution Delep Goswami, FCS, Advocate, Supreme Court of India, New Delhi. How to avoid facing criminal prosecution for offences which are otherwise non-compoundable and which offences go b..
The Journey to and the Glimpses of MSMED Act Dr. K.S. Ravichandran, FCS, Partner, KSR & Co., Company Secretaries, Coimbatore. The Micro, Small and Medium Enterprises Development Act, 2006 aims to facilitate the promotion, development as well as enhancing the competiti..
‘Proof of Loss or Damage’ under Section 74 of the Contract Act, 1872 T. Ramappa, Advocate, Chennai. A person complaining of breach of contract is entitled to reasonable compensation within the limits of the sum named or the penalty without having to prove actual loss or/..
Comprehensive Compliance Management* Kiran M. Chitale, FCS, Company Secretary, Pune. *Views expressed in the article are personal views of the author. Companies should not look at compliance as a mere statutory formality but consider it as a social obligation in terms of maintaining ..
Shareholders Activism – Healthy Trend for Corporate Governance Naresh Kumar*, FCS, Advocate (Business Laws), New Delhi. Shareholders activism is very much essential for good governance of companies. The proposal in the Companies Bill 2008 to grant recognition to shareholders as..
Most of us and the companies approach Banks and Financial Institutions for loans. The reason for the loan may differ from person to person and company to company. All Banks should function i..
Though there is so much opposition to allow foreign investment in retail sector, as we have liberalized our economy to a great extent even bothering the nations like America, franchise occupied its ..
Section 390 to 395 of Companies Act, 1956 deal with arrangements, amalgamations, mergers and the procedure to be followed for getting the arrangement, compromise or the scheme of amalgamation approved. The business people or the MBA students look at the issue of mergers in a different angle to ..
ARBITRATION IN INDIA – LOST IN JUDICIAL TRANSLATION Om Prakash Pandey strong..
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