The Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015.1. District level courts, except the places where the High Court has original side jurisdiction (there is commercial division)2. �commercial d ..
Citation: AIR 1997 SC 506, (1997) 1 SCC 579Bench: Supreme Court of India : S.B.Majumdar JIntroduction: A Scheme of Amalgamation of M/s. Mafatlal Industries Limited [MIL] being the Transferee Company and Mafatlal Fine Spinning and Manufacturing Comp ..
The Insolvency and Bankruptcy Code, 2016 This code applicable to any company, Limited Liability Partnership, any other corporate body incorporated under any law, partnership firms and individuals, in relation to their insolvency, liquidation, volunta ..
INSOLVANCY & BANKRUPTCY CODE-2016- An effect will lies in its implementation: The Upper House (Rajya Sabha) passed Insolvency & Bankruptcy Code on 11th May, 2016 that will ensure a time bound insolvency resolution and create a database of ser ..
BACKGROUND The Companies Act, 1956 was the principal legislation governing the company law in India for more than six decades. It was then replaced by a new legislation, Companies Act, 2013 (hereinafter referred to as �Act��) in the ..
INTRODUCTIONForeign Direct Investment (FDI) in India is the major monetary source for economic development in India.Foreign companies invest directly in fast growing private Indian businesses to take the benefits of cheaper wages and changing busines ..
Authority before which application has to be madeAs per the Companies Act 1956, The authority before whom an application has to be made is the �High Court� having jurisdiction in the State in which the registered office of the company is ..
Section 56 of the "New Act" [Companies Act 2013], substitutes of old provisions pertaining to transfer and transmission of shares of a company. It is pertinent to note that Section 56 not only provides provisions for transfer of sh ..
Today the word �Wilful defaulter� is the humming word of every Indians, since the bank declared Mr. Vijay Malya as wilful defaulter.Can a bank declare any one as defaulter?No, the bank cannot exercising the same on its own, but they can e ..
IntroductionIt is an admitted fact that ever since the companies Act, 2013 (hereinafter called �The Act�) and the slew of Rules there under notified by the MCA from time to time, have been set in motion, it has been an uphill task for cor ..
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