Mondaq All Regions - India: Corporate/Commercial Law
Khaitan & Co
The Specific Relief Act 1963 (Act) sets out the remedies available to parties whose contractual or civil rights have been violated.
S.S. Rana & Co. Advocates
The Ministry of Corporate Affairs has issued the Companies (Removal of Difficulties) Order, 2018 (hereinafter referred to as the "Order") which makes amendment in the provision for reappointment...
Dua Associates
Being designated as a director in a company has a cascading effect with respect to exposure to liabilities under various legislations (including tax legislations like the Central Goods and Services Tax Act, 2017).
NovoJuris Legal
While the rights, powers, and duties of Directors defined in the Articles of Association of the Company, a need was felt for legal clarity.
NovoJuris Legal
The Department of Industrial Policy and Promotion (DIPP) vide its notification dated 11 April 2018 has amended its previous notification dated 23 May 2017 on the eligibility guidelines for ‘start-ups'.
NovoJuris Legal
Cross-border mergers and acquisitions have rapidly increased reshaping the industrial structure at the international level.
TMF Group
Many of the top IT companies in India are American, and other growth areas include manufacturing, agriculture, and retail.
Shardul Amarchand Mangaldas & Co
In the view of the author, the resultant imbroglio is capable of resolution by making certain timely amendments in the 2015 Act.
S.S. Rana & Co. Advocates
In reference to the biotechnology sector including medical device, the period shall be up to ten years from the date of its incorporation/ registration.
TMF Group
For the first time ever, India has jumped 30 positions to 100th in terms of ease of doing business ranking this year, as monitored by the World Bank. But despite the progress, there are still challenges along the way.
Nishith Desai Associates
Considering the infamous standards of corporate governance witnessed lately, the Securities and Exchange Board of India ("SEBI") constituted a committee on corporate governance as on June 2...
Asit Mehta & Associates
Valuations of companies or equity in India are required for a variety of reasons, usually triggered by mergers, acquisitions or share purchase/sale.
NovoJuris Legal
Compulsorily Convertible Debentures (CCDs) are considered to be hybrid instruments / and equity linked instrument, i.e. they are treated as debt till the time they are converted into equity.
NovoJuris Legal
The role of Independent Director features prominently in Corporate Governance Codes.
SKP Business Consulting LLP
The Reserve Bank of India (RBI) has notified regulations facilitating cross-border mergers with effect from 20 March 2018, called the Foreign Exchange Management (Cross Border Merger)...
SKP Business Consulting LLP
The enactment of the Companies Act, 2013 (the ‘Companies Act, 2013' or the ‘Act') was one of the most significant legal reforms in India in the recent past, that aimed at bringing the Indian company...
Nishith Desai Associates
Namaste Credit received an investment of approximately USD 3.8 million from Nexus Venture Partners.
Singh & Associates
However, under a contract the compensation awarded are liquidated or unliquidated damages awarded as per the terms governing the contract.
S.S. Rana & Co. Advocates
The MCA has invited suggestions and comments to the said draft rules vide notice dated March 20, 2018.
Khaitan & Co
The Securities and Exchange Board of India (SEBI) in its board meeting dated 28 March 2018 (Board Meeting), accepted several recommendations (a few with modifications) of the Committee on Corporate Governance, headed by Mr. Uday Kotak.
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Singh & Associates
The Ministry of Corporate Affairs ("MCA") vide Notification1 dated 26.12.2016 notified Section 248 to 252 of the Companies Act, 2013 ("Act") and revised the process of striking off the name of the company...
Khurana and Khurana
The Corporate Debtor/Respondent (Uttam Galva Metallics) defaulted in the payment to the Operational Creditor/Appellant (Macquarie Bank) amounting to USD 6,321,337 equivalent to Rs. 43,11,15,190.
The Companies Act, 2017 introduces several amendments to the Companies Act 2013, realigning provisions to improve corporate governance and ease of doing business in India while continuing to strengthen compliance...
Kochhar & Co.
The President of India accorded his assent to the Companies (Amendment) Act, 2017 (the "Amendment Act") on 3 January 2018. The Central Government notified the Amendment Act on the same day.
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.
LexCounsel Law Offices
Under common law rules and equitable principles, director's duties are largely derived from the law of agency and trusts. Under the law of agency, duties of skill, care and diligence are imposed...
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 164 of the Companies Act, 2013 (herewith referred to as the ‘Act') states various disqualifications for appointment of Director in a company.
Khaitan & Co
On 2 February 2018, the Government of Maharashtra notified draft Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Rules, 2018 ...
Corp Comm Legal
Let us do an exercise. You may not have bothered so far, so you could do it today. Have a look at the backside of your Drycleaner's slip for the garments you have given him for laundry or dry cleaning.
SNG & Partners
Comparison between certain salient features of the Companies Act 2013 with the Companies Act 1956 .
2017 witnessed the passing of the Companies (Amendment) Act, 2017 and various initiatives towards regulatory liberalisation to attract foreign investment.
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