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Khurana and Khurana
We are aware that the corporations do not require shareholders to pay the whole share price in a single payment. It calls them when the money is needed.
Obhan & Associates
The legal landscape surrounding corporate disputes in India underwent a significant transformation with the enactment of the Companies Act, 2013 ("Act").
Metalegal Advocates
In the case of Biman Bangladesh Airlines Limited v. Kuka Travels Private Ltd., the High Court of Calcutta ('HC') addressed the issue of accountability of directors of a struck-off company...
AK & Partners
The Ministry of Corporate Affairs ("MCA"), vide its adjudication order dated April 03, 2024 ("Order"), has levied a penalty amounting to INR 7,00,00,000...
YNZ Group
Tweaking the language in contracts is often considered a timeconsuming process and sometimes contracts are executed on dotted lines to avoid negotiations.
YNZ Group
In simple words , reduction of capital occurs where a company reduces the amount of its share capital. Capital reduct ion involves strategic reshaping of a company's...
YNZ Group
As per the annual report published by the Ministry of Road Transport and Highways on "Road Accidents in the year 2022" a total of 4,61,312 road accidents...
YNZ Group
Contract risks are shadows, mitigation is the light that illuminates businesses!...
Argus Partners
On January 24, 2024, the Ministry of Finance ("MoF") in exercise of the powers conferred under Section 46(2)(aa) and Section 46(2)(ab) of the Foreign Exchange Management Act...
Argus Partners
The SEBI recently notified amendment to the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 ...
Argus Partners
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code, 2016 ...
Alaya Legal
Louis Ortho Kelso, a political economist and lawyer, back in 1956, created the first employee stock ownership scheme based on his belief that the ownership of a company...
Nishith Desai Associates
2023 was a year of unexpected headwinds, such as the hiking of interest rates by governments across the world, the banking sector instability in the US and Europe, the Russia-Ukraine and Israel-Hamas conflict, to name a few.
Argus Partners
The National Company Law Appellate Tribunal,PrincipalBench ("NCLAT") on December 21, 2023, in the case ofJaipur Trade Expocentre Private Limited("Appellant") v.Metro Jet Airways Training Private Limited...
IndusLaw
With the success of the initial phase of the Startup India Initiative and the emergence of tech focused startups, the attention of the Government...
Resolut Partners
A lot has been written about SEBI's recent consultation paper on voluntary delisting norms ("Consultation Paper") on the SEBI (Delisting of Equity Shares) Regulations, 2021 ("Delisting Regulations").
Kroll HK Ltd
Kroll's Corporate Simplification Advisory team has seen elevated activity in supporting enterprises with their entity rationalization programmes
Argus Partners
The Supreme Court recently in Shakti Yezdani v. Jayanand Jayant Salgaonkar, (Judgment dated December 14, 2023 in Civil Appeal No. 7107 of 2017) held that the Bombay High Court took the correct view in Shakti Yezdani v. Jayanand Jayant Salgaonkar.
Argus Partners
The Securities Exchange Board of India ("SEBI") on June 21, 2023 issued a circular no. SEBI/HO/AFD/PoD1/CIR/2023/96 on ‘Issuance of units of AIFs in dematerialized form'...
WTW
A review of directors and officers responses in India from our Global Directors' and Officers' Survey Report 2024.
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