397/398 – Powers of CLB to set-aside agreements and charges etc. – Indian Company Law

I have been writing articles continuously on section 397/398 of the Companies Act, 1956 touching complicated and interesting areas as I feel. I am of the strong opinion that for good corporate growth, the law governing corporates or the companies should be clear and there should be an “effective redressel mechanism”. A lot actually has [...]

Ipl Controversy – An Example Of Complications In Dealing With Corporate Disputes?

Many in this country including the corporates are closely watching the IPL controversy and it had led Mr.Shari Tharoor to submit his resignation. There are many interesting issues in the entire episode and I want to highlight few issues as a classic example of complications in dealing with corporate issues.
Any irregularity in a company may [...]

An Insight Into the Takeover Code and Substantial Acquisition of Shares

The Takeover Code or substantial acquisition of shares.

Name: Sukant Vikram
Class: 5th year BBA LLB
Symbiosis Law School

Introduction —-
With the announcement of the policy of globalization, the doors of Indian economy were opened for the overseas investors. But to compete at the world platform, the scale of business was needed to [...]

ROLE OF AUDIT COMMITTEE ON CORPORATE GOVERNANCE

INTRODUCTION
The concept of CG is no longer a fashion statement as it has been embedded in the statutes of many countries including India. The factors that gave rise to CG are:
Business corporations are no longer small in size.
Multinational as their boundaries are not restricted
Resources tapped from large number of investors across the world.
Companies are [...]

Buy-back of Securities

BUY-BACK OF SECURITIES
By:Suneera Nerissa Madhok
INTRODUCTION:
The provisions  concerning buy-back of securities by an Indian company are provided in the Companies Act, 1956 of India (“Act”) namely Section 77A and if a company is listed in any registered stock exchange in the country then the SEBI (Buy Back of Securities) Regulations, 1998 are applicable.
OBJECTIVE:
This article endeavours to [...]

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