Mondaq All Regions - India: Corporate/Commercial Law
S.S. Rana & Co. Advocates
There has always been a binary truss between enforcement of and maintaining sanctity of private contracts and complying with sometimes "overzealous" laws of the country.
Luthra & Luthra Law Offices
In a recent trend in corporate litigation in India, it has been observed that shell foreign companies, controlled by Indians, are floated in tax haven jurisdictions to carry out business activities...
SKP Business Consulting LLP
In the recent judgment of the Formula One World Championship Ltd (FOWC)[1], the Supreme Court held that the fixed place of business in the form of Buddh International Circuit (Circuit) built in...
Dhaval Vussonji & Associates
With a view to streamline and strengthen the settlement process, SEBI has on February 27, 2017 amended several provisions of the SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2014.
Nishith Desai Associates
The interpretation of ‘control' under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations...
S.S. Rana & Co. Advocates
In view of upcoming due date of transfer of shares, i.e., May 31, 2017 in respect of which dividend(s) have not been claimed for last 7 years to IEPF Suspense Account, ...
S.S. Rana & Co. Advocates
Under Section 394 of the erstwhile Companies Act 1956, the merger of a Foreign Company with an Indian Company (Inbound Merger) was allowed but the merger of an Indian Company...
Nishith Desai Associates
Kedaara shall invest approximately USD 100 million into Spandana by subscribing to fresh shares and acquiring existing shares from shareholders.
Khaitan & Co
These provisions prescribe that the approval of RBI is mandatory for cross border mergers. For details, please refer to our previous newsflash dated 18 April 2017.
Nishith Desai Associates
True North (previously known as India Value Fund) has acquired a controlling stake in Home First Finance Company Private Limited ("HFFC")
SKP Business Consulting LLP
The MCA on 13 April 2016 notified Section 234 of the Companies Act, 2013 and the Companies (Compromises, Arrangements and Amalgamation) Amendment Rules, 2017 which allows the merger of a foreign company with an Indian company and vice versa.
S.S. Rana & Co. Advocates
For the purpose of facilitating the filing, BSE has launched excel utility which is available to be downloaded from the listing center portal.
S.S. Rana & Co. Advocates
In the view of this circular, a media release by BSE on March 3, 20172 was made to clarify the application of CAFS.
S.S. Rana & Co. Advocates
Fight against corruption has been a priority for the Government for past few years. Many steps have been taken to fight against it, at all possible levels, whether it relates to Government Officials..
SKP Business Consulting LLP
We are pleased to present the second annual edition of SKP Investment Chronicle – our update that focuses on the deal-making landscape in India, comprising of mergers and acquisitions
Nishith Desai Associates
Indian Ministry of Corporate Affairs notifies provision and relevant rules enabling inbound and outbound cross-border mergers...
Nishith Desai Associates
Unless specifically exempted, the Competition Act requires every 'combination' to be notified to the CCI in the manner set out in the Competition Act read along with the CCI (Procedure in regard to the transaction of business relating to combinations) Regulation, 2011...
Vaish Associates Advocates
Bonds were converted on January 11, 2012 pursuant to the exercise of conversion rights by the Investors.
Khaitan & Co
Closing the loop on corporate liquidation, the Central Government has, on 30 March 2017, notified, inter alia, Section 59 of the Insolvency and Bankruptcy Code, 2016...
Khaitan & Co
The Ministry of Corporate Affairs, Government of India (MCA) has notified Section 234 of the Companies Act 2013 (2013 Act) which permits cross border mergers with effect from 13 April 2017.
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Nishith Desai Associates
The Ministry of Corporate Affairs notified on June 5, 2015 that certain provisions of the Companies Act, 2013 shall not apply to private limited companies or shall apply with such exceptions or modifications as directed in the notification.
Khaitan & Co
The Government of India had received several representations from industry stakeholders for amending various provisions of Companies Act, 2013 to ensure ease of doing business in India.
Phoenix Legal
The (Indian) Companies Act, 2013 (2013 Act) which replaced the (Indian) Companies Act, 1956 (1956 Act) brought significant changes for private limited companies.
Vaish Associates Advocates
Ever since India's biggest-ever corporate fraud and governance failure unearthed at Satyam Computer Services Limited, the concerns about good Corporate Governance have increased phenomenally.
Factum Legal Advocates & Solicitors
The Companies Act 2013 brings a lot of new features, compliances, disclosures for foreign companies operating in India in any mode.
IndusLaw
Deposits have been defined under the Companies Act, 2013 ("2013 Act") to include any receipt of money by way of deposit or loan or in any other form by a company.
Singh & Associates
Section 232 of the Indian Contract Act, 1872 ("Act"), enumerates of three issues, i.e. consideration for the agreement, the object of the agreement and the agreement per se.
LexCounsel Law Offices
The erstwhile Companies Act, 1956 contained no statement of statutory duties of directors, and acts of directors were usually reviewed in the context of their powers in terms of section 291 of the CA 1956 .
Singh & Associates
For more then five and a half decades Companies law in India had been governed by Companies Act, 1956.
Singh & Associates
It is well settled that frustration automatically brings the contract to an end at the time of the frustrating event.
S.S. Rana & Co. Advocates
The constitution of the aforesaid Tribunals is in exercise of the powers conferred by Sections 408 and 410 respectively of the new Companies Act, 2013.
PSA Legal Counsellors
The Ministry of Corporate Affairs notified secretarial standard 2 ("SS-2") on April 23, 2015 which came into effect from July 1, 2015.
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