BASIC UNDERSTANDING AND DEFINITION OF MANAGING DIRECTOR, MANAGER AND WHOLE TIME DIRECTOR 1. Managing Director [Refer Section 2(26)]In terms of section 2(26), a managing director means a director who, by virtue of an agreement with the company o ..
Appointment of a person as a MD who is already MD or Manager of another company If the appointment is made or approved by a resolution passed at a meeting of the Board with the unanimous consent of all the directors present at the meeting, a public c ..
Simple Exam Preparation Tips--November 2009 Figure out your mistake committed in the previous Examination and promise yourself to avoid them in your next exam. Focus on your Study and Goal. Try and complete your Scanner with the help of sugges ..
As emerging markets continue to vie for long term investor interest, India has yet another milestone to be proud of. The FDI inflows into the country from the year 2000 upto July 2009 has crossed the US$ 100 bn mark. The positive that can be drawn fr ..
BANK FRAUDS: RECENT DEVELOPMENTS 1. INTRODUCTION A sound banking system should possess three basic characteristics to protect depositor's interest and public faith namely a fraud free culture, a time tested Best Practice Code, and an in house immedi ..
Sensex 21,000. By July 2010.Get this Free & Exclusive Presentation NOWThe last time we heard China's banking regulator, he was very sanguine about the 'moderate' pace at which the economy's bank credit is growing. Moderation in the Chinese langua ..
IN THE SUPREME COURT OF INDIA CRIMINAL APPELLATE JURISDICTION CRIMINAL APPEAL NO. 67 OF 2003 Arun Kumar Sharma .... Appellant Versus State of Bihar .... Respondent JUDGMENT V.S. SIRPURKAR, J. 1. The sole accused appellant challenges the High Court ju ..
TDSAT: A JURISDICTION PROSPECTIVE Until 1997 there was no specific system developed for the telecom disputes in India. Telecom disputes were subject to the same legal system as of any other disputes. However due to increasing teledensity and entranc ..
Whether mere non-compliance of the provisions be construed as “Oppression” and “Mismanagement” under Company Law? It is known that section 397/398 of the Companies Act, 1956 enables the members to question the “o ..
Dear Members,On interesting thing about the knowledge of the judges I I want to share it.Suit in REm and Suit In persona;Suit in Rem means suit filed against whole world, there will not be any defendant. Suit in persona means suit against a partiucla ..
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