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The roles of various gatekeepers of corporate governance, such as auditors, independent directors and credit rating agencies, has increasingly come under scrutiny as a response to the various financial scandals that shook corporate India –

After putting up a Director tag on a member of the Company, he plays the role of the same and is obliged to take up certain responsibilities for the well-being of the Company.

Had this column been written before December 2000, a clear conclusion would have been that a public limited company cannot issue equity shares of different classes while it could issue preference shares of different classes.

The Ministry of Corporate Affairs (hereinafter referred to as the 'MCA') issued a press release1 on November 5, 2017, wherein it stated that it has struck down around 2.24 lakh companies...

MCA, through notification dated 31.12.2025, notified the Companies (Appointment and Qualification of Directors) Amendment Rules, 2025 ("Appointment Amendment Rules") to amend the Companies...

In light of the unprecedented times faced by the companies in India, the Ministry of Corporate Affairs (MCA) vide notification dated 19th March, 2020 has relaxed certain provisions ...

The Central Government has given the SFIO the green signal to make arrests of Key Managerial Personnel (KMPs), directors or any other person reasonably believed to be guilty of an offence under the Companies Act, 2013.

Transmission of shares takes place when registered member dies or is adjudicated insolvent or lunatic by competent court.

The Reserve Bank of India ("RBI") has released its Draft Directions on Lending to Related Parties for Non-Banking Financial Companies (NBFCs)...

The Central Board of Indirect Taxes and Customs (hereinafter referred to as 'CBIC'), GST (Goods and services Tax) wing, vide its Notification dated June 10, 2020 has clarified the position on...

Bail is decided at speed and on incomplete information, and the system has long struggled with a recurring problem: an applicant who does not disclose, or who actively suppresses, facts that bear on whether bail should be granted, from a string of earlier rejected bail pleas to a history of antecedents. The Supreme Court’s recent intervention addresses that problem directly, by requiring the material particulars to be placed before the court on oath.

On April 18, 2023, the National Company Law Appellate Tribunal, New Delhi ("NCLAT") gave its decision in the case of Ashvinkumar Jayantilal Patel v. Shri Sanjay Jitendralal Shah...

Directors of a company hold a fiduciary position and are expected to manage the affairs of the company in a manner beneficial to the company's interests.

Compensation Agreement or Upside Sharing Agreement or Reward Agreement is entered into by private equity firms quite often in the form of a side agreement with top personnel...

SEBI has issued the 2023 Amendments to the REIT and InvIT Regulations on February 14, 2023, which outline governance norms for REITs and InvITs.

The Securities and Exchange Board of India ("SEBI") has recently amended the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 ("InvIT Regulations")...

The Registrar of Companies (‘RoC') recently penalised LinkedIn India for non-compliance with Companies (Significant Beneficial Ownership) Rules, 2014 ("SBO Rules"), which caused a stir in the Indian corporate world.