WARNING BELL: 2017 saw some stringent action by MCA against erring companies and as a result RoCs removed approximately 2,30,000 companies from the register of companies. Since then, the media has been reporting of an extensive crack down on non-compliant, dormant, shell companies. p style="text-align: ..
Introduction In exercise of its powers conferred on it under the SEBI Act, 1992, in terms of its Notification No.SEBI/LAD-NRO/GN/2018/10 dated May, 9, 2018 , SEBI has put through a slew of amendments to the SEBI(Listing Obligations and Disclosure Requirements )(LODR) Regulations, 2015 (hereinafter 'the Li..
Entry of Jio took the oligopoly telecom market by storm. It was something that was no other players in the market were expecting. Is the effect of transformation of technology where life has become digital and internet on phone is a sine qua non. Freebies like free voice call for lifetime; data pack at such a nominal rate is certainly a game changing strategy. But is ..
Summary of updated/ amended Rules under the Companies Act, 2013, in year 2018 from the Month of January to July 2018 at glance with respective notification dates and effective's dates td style="width:9.1..
Mergers and Amalgamations have become the symbol of new economic world and with the passage of time more and more enterprises are opting for mergers and acquisitions with an intent to produce on a massive scale, to reduce the cost of production and to make prices internationally competitive. Mergers, however, play a very important role in the external growth and exp..
It is verifiable that to represent the whole domain of corporate affairs of India in a foolproof way, the Companies Act 2013 should be consistently corrected and changed. The arrangements of the Companies Act are should have been changed by the changing existing conditions. The assignment of adjustment and refreshing the arra..
One of the innovations in the Companies Act,2013 (hereinafter referred to as “The Act”) is that it has given rise to a new genre of corporate personnel who are collectively referred to as “key managerial personnel”(KMP). The KMP is collectively defined under Section 2(51) of the Act to mean in relation to a company the following personnel..
Limitation law in India provides for a three years’ limitation period to initiate/ commence a legal action from the date of breach of the contract or the date on which the continuing breach came to an end (Article 55 of the Limitation Act). It is the duty of the arbitrator or the court to determine if the claims of the claimant are time-barred or not before gran..
Arbitrations arising out of construction and Infrastructure contracts normally have a claim relating to delay and disruptions that caused consequential loss to the contractor. Delays in construction projects can result in delayed completion of the project, lost productivity, additional costs due to acceleration of the project, increased costs due to prolongation, cont..
Introduction The law governing Companies globally and in India recognizes a company to be a personality, distinct from its shareholders. In the celebrated case of Salomon v. Salomon & Co. Ltd. [1] Lord Halsbury LC, stated: &l..
Summary of Changes to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-Implications of Changes. Vide Circular dated May 10, 2018, SEBI have notified changes to the above Regulations, in partial acceptance of the some of the recommendations made by the Uday Kotak Committee on ..
1. What is LLP Annual Filing? Limited liability partnership is a partnership with limited liability. Every LLP which are registered with the Ministry of Corporate Affairs have to file the Annual Returns and Statement of Accounts every year. 2. What are the mandatory comp..
Arbitration and Conciliation (Amendment) Bill 2018: Union cabinet approved the Arbitration and Conciliation (Amendment) Act bill, 2018 proposing certain amendments to the existing Arbitration and Conciliation Act,1996 (hereinafter The Act), which is declared as an important effort of the Government of India to encourage Institutional Arbitration and t..
Do you want to change your limited company to private limited company? There are many companies looking for such conversion. The main reasons are the relaxations available to a private company. However, there are some legal bindings related to the conversion of a public limited into a private limited. This post..
Japan is one of the major investor countries in India and the commercial relationship between India and Japan are fast increasing, hence it is important to understand the fundamentals of Arbitration in Japan. In Japan, arbitration is not a preferred method of dispute resolution and companies from Japan prefer court proceedings than going for an Arbitration. One of t..
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