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  • Article

    Qualifications Of Independent Director

    The Amendment Rules provides for additional criteria for appointment of independent director.
    IndiaCorporate/Commercial Law
    S.S. Rana & Co.
    S.S. Rana & Co.
  • Article

    Interested Shareholders May Lose Vote

    The Securities and Exchange Board of India (Sebi) has proposed to suitably amend a portion of Clause 166 of the Companies Bill, 2009, disallowing interested shareholders from voting on special resolutions required for related-party transaction.
    IndiaCorporate/Commercial Law
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
Article

SEBI Decision On Liability Of Independent Directors

The Company had declared a dividend, that was approved at its Annual General Meeting held on 25 August, 2012.
IndiaCorporate/Commercial Law
Mansukhlal Hiralal & Company
Mansukhlal Hiralal & Company
  • Article

    Covid - 19 – How Does It Impact The Conduct Of Board Meetings?

    The ongoing Covid-19 pandemic has caused substantial business disruption across all walks of life.
    IndiaCorporate/Commercial Law
    GameChanger Law Advisors
    GameChanger Law Advisors
  • Article

    Delhi High Court's Decision On Disqualification Of Directors

    Delhi High Courts decision on disqualification of Directors.
    IndiaCorporate/Commercial Law
    DSK Legal
    DSK Legal
  • Video

    Leaning Out Of Group Consolidation & Simplification Of Group Structure (Video)

    Almost all corporate houses have a number of legal entities under their umbrella for various purposes. However, over a period of time, some of these entities become redundant...
    IndiaCorporate/Commercial Law
    Corporate Professionals - Advisors & Advocates
    Corporate Professionals - Advisors & Advocates
  • Article

    MCA Allows Multiple KYC Updates Throughout The Year For Directors By Paying Fees

    The Ministry of The Ministry of Corporate Affairs vide its notification has inserted a proviso in Rule 12A of Companies Rules, 2014, by inserting Companies Rules, 2024 with effect from 1 August 2024.
    IndiaCorporate/Commercial Law
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Director Of Company Cannot Be 'Party' To Arbitration Against The Company

    The Delhi High Court in its recent decision has held that Directors of a company cannot be made parties to the arbitration proceedings initiated against the company.
    IndiaLitigation, Mediation & Arbitration
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Foreign Directors In Indian Company – Obtaining PAN Card Made Mandatory:

    Section 139A of The Indian Income Tax Act specifies the list of persons who are required to obtain Permanent Account Number (PAN card) within the prescribed time limits.
    IndiaCorporate/Commercial Law
    DNV & Co
    DNV & Co
  • Article

    MCA Issues Update For Directors On New DIR-3 KYC Web Form

    MCA had introduced significant amendments to the DIR-3 KYC (a form for periodic KYC compliances for directors) compliance framework vide notification dated 31.12.2025 ("Amendment").
    IndiaCorporate/Commercial Law
    Sagus Legal
    Sagus Legal
  • Article

    Shareholders Cannot Step Into Director's Shoes: Held NCLAT

    In a significant ruling, the National Company Law Appellate Tribunal (NCLAT), Chennai Bench while deciding IA Nos. 1293 and 1295 of 2024 in Company Appeal (AT) (CH) (Ins) No. 129/2024 vide order dated March 7, 2025 held that the shareholders cannot be substituted in place of the suspended director.
    IndiaCorporate/Commercial Law
    AJA Legal
    AJA Legal
  • Article

    High Court Of Punjab & Haryana Holds That Moratorium Under The IBC Does Not Bar The Criminal Proceedings Against The Directors Under The NI Act

    The High Court of Punjab and Haryana through its judgment dated 20.07.2026 in Ajay Gupta and Another v. Can Bank Factors Limited dismissed a Petition filed under Section 482 of the Code of Criminal Procedure, 1973 seeking quashing of criminal proceedings under Sections 138 and 141 of the Negotiable Instruments Act, 1881 on the ground that insolvency proceedings had been initiated against the company under the IBC.
    IndiaCriminal Law
    Sagus Legal
    Sagus Legal
  • Article

    FAQs on Companies Fresh Start Scheme, 2020 and LLP Modified Settlement Scheme, 2020

    Vide its circular dated March 30, 2020, the Ministry of Corporate Affairs ("MCA") had introduced the Companies Fresh Start Scheme, 2020...
    IndiaCoronavirus (COVID-19)
    LexCounsel
    LexCounsel
  • Article

    Personal Hearing Prior To Disqualification Of Directors

    The Madras High Court in the case of Bhagavan Das Dhananjaya Das versus Union of India and Anr. [2018] has ruled that a director ought to be given an opportunity of personal hearing, before...
    IndiaCorporate/Commercial Law
    AZB & Partners
    AZB & Partners
  • Article

    SEBI Proposes To Revise Preferential Issue Guidelines

    Vide it's Consultation Paper dated 26 November 2021, the Securities Exchange Board of India/SEBI has recommended changes in pricing norms, lock-in requirements, pledge, etc...
    IndiaCorporate/Commercial Law
    Alpha Partners
    Alpha Partners
  • Article

    Verification Of Registered Office Address

    On 21st February, 2019, the Ministry of Corporate Affairs (MCA) notified the Companies (Incorporation) Amendment Rules, 2019 ("Amendment Rules")
    IndiaCorporate/Commercial Law
    Obhan Mason
    Obhan Mason
  • Article

    Alternative Investment Funds And Venture Capital Funds

    SEBI, vide SEBI (AIF) (Amendment) Regulations, 2024 dated January 5, 2024, amended the principal regulations, to mandate AIFs to hold their investments in dematerialised form.
    IndiaFinance and Banking
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    RBI Notifies Master Directions On Authorisation To Operate A Payment System

    1. Applicability – Under the Payment and Settlement Systems Act, 2007 (“PSS Act”), no person can operate a payment system without an authorisation issued by RBI in accordance with the PSS Act. PS directions are applicable only on entities applying for authorisation or authorised to operate a payment system under the PSS Act. Such authorisation is based on an ‘on-tap basis’
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    Supersession Of The Board Of Directors And Appointment Of Administrator – Reliance Capital Limited ("RCAP")

    The Reserve Bank of India ("RBI") has, in its capacity as the regulator of non-banking financial companies and under the powers conferred to it pursuant to Section 45-IE (1)...
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Juris Corp
    Juris Corp
  • Article

    MCA Grants Extension For Filing Cost Audit Report Under Rule 6(5) Of The Companies (Cost Records And Audit) Rules, 2014

    Taking into consideration, the various representations received from the stakeholders for the extension in the last date of filing, the Ministry of Corporate Affairs (MCA) vide its General Circular No.15/2021...
    IndiaAccounting and Audit
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Showing 41–60 of 645 results

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