The Concept of Limited Liability Partnership
Views : 5 In today’s modern world, nobody prefers to entertain a hovering liability over their heads, rather each and
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Company Law
Article of Association: Legislative and Judicial Interpretation
Views : 22 The Article of Association (hereinafter referred to as AoA) is a document of a company, which regulates
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One Woman Director Mandate & Problems with Indian Corporate Board
Views : 16 The patriarchal outlook that people have is the main reason that women are not seen as equals
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Classification of Companies under Companies Act, 2013
Views : 20 A company is a voluntary association of persons who have come together to conduct business activities and
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Kinds of Meeting and its Procedure
Views : 15 A company is a legal entity consisting of a group of individuals for operating a business. In
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Role of SEBI in Indian Securities Market
Views : 63 In our country the primary legislation that was passed to ensure the orderly and healthy growth of
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Position of an Independent Director: Companies Act, 2013
On 1 March 2021, the Securities and Exchange Board of India (hereinafter referred to as “SEBI”) introduced a consultation paper.[1] The paper suggested amendments to improvise the role and the position of an Independent Director (hereinafter referred to as “IDs”) in corporate governance. It proposed to make changes in the provisions of the Listing Obligation and Disclosure Requirements Regulations with respect to the appointment and re-appointment of IDs, the removal of IDs, nomination, resignation, and remuneration of IDs. These changes, if applied in letter and spirit, will change the future of corporate governance. This paper aims to highlight the position of IDs under current provisions and the changes suggested by the SEBI in order to analyze their effect on the role and functioning of IDs in a company.
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Prevention Of Oppression & Mismanagement under Companies Act,2013
Views : 71 According to the Black Law Dictionary, “oppression means an act of unjustly exercising power”. Whereas, mismanagement entails
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Corporate Criminal Liability: Tracings Its Origin And Development
Views : 18 Owing to globalization, the world is one big village and corporations are an integral part of it.
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Companies Act and Its Amendments
Views : 22 Companies are defined as the business organisation formed by a group of individuals for the purpose to
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Deloitte Haskins and Sells LLP v. Union Of India: Case analysis
Views : 62 Infrastructure Leasing and Financial Services Ltd. (IL&FS) is a shadow bank, that means it does not receive
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Promoter of a Company: Legal Position
Promoter is someone who brings about the incorporation and organization of a corporation. He brings together the persons who become interested in the enterprise, aids in procuring subscriptions, and sets in motion the machinery which leads to the formation itself.
Section 2(69) of The Companies Act, 2013 defines the term “promoter” as a person who has been named in the prospectus or is identified by the company in the annual return referred to in section 92, a person who has control over the affairs of the company, directly or indirectly whether as a shareholder, director and a person in accordance with whose advice, directions or instructions the Board of Directors of the company is accustomed to the act.
NEED OF MEMORANDUM OF ASSOCIATION
Views : 36 Memorandum of association is the fundamental document for the incorporation of the company. [1] “Charter” is the
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FUNDAMENTALS OF COMPANIES ACT, 2013
Views : 62 With the ever-changing global market scenarios, the terms corporate governance and corporate democracy have become the new
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What Is Insider Trading and How does SEBI Deals with It?
Insider trading includes trading in a public company by someone who has confidential, price sensitive information, and who uses and deals with such information. Insider trading can either be illegal or legal depending on the knowledge, based on which the individual is trading. According to section 2(h)(ha) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992[i] ‘price sensitive information’ means any information relating to present, future or even past, that has the potential to affect the prices of securities and value of the company.
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Impact of Capital Market on India
The Indian capital market played a vital role in saving mobilization in the year 1950. During the period of 1960-1980, the importance of the capital market was diminished and during the same time as a proportion of national income, the domestic savings were increased from 13%- 22%. From the capital market amount fund was raised up to 13% of net domestic saving.
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Regulation of Companies: Raising of Capital Issue of Prospectus
Raising of capital refers to the process of procuring capital funds that are undertaken by companies, governments, etc. Companies may raise capital either by means of a debt instrument or through the issuance of shares. Depending upon the structure of a company, the method of raising capital generally varies. Factors that affect the raising of capital by a corporate include management structure, governance and quality, strategies, and the purpose and funding requirements of the company.
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