Month: February 2014

Insight On Section 186 Of The New Companies Act, 2013

[vc_row][vc_column][vc_column_text]Section 186 of the Companies Act 2013 – Loan and Investment by Company Introduction: The Companies Act, 2013 (Act) has come up with a change in the concept of ‘Loan and Investment by Company. The new Act provides that inter-corporate investments not to be made through more than two layers of investment companies. There is …

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Lets Analyze

In the earlier issue we discussed from Sections 26 to 36 of the Companies Act, 1956 which deals with the Articles of Association and in the present issue we shall proceed with Section 41 of the Companies Act, 1956 which deals with the definition of a member. Query # 1: If the subscribers to memorandum …

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RESERVE BANK OF INDIA

Conversion of External Commercial Borrowing and Lumpsum Fee/Royalty into Equity: RBI had vide its circular A.P. (DIR Series) Circular No. 15 dated October 1, 2004, informed that an Indian company can issue equity shares against External Commercial Borrowings (ECB) subject to conditions mentioned therein and pricing guidelines as prescribed by the Reserve Bank from time …

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The Swedish Corporate Governance Practices – A brief understanding

The Swedish model of corporate governance is fundamentally the same as in most other countries. The essence of Swedish corporate governance is that the ultimate power should rest with the shareholders. Source of Swedish Legislation: The main source of corporate legislation is the Swedish Companies Act (‘the Companies Act’). The Companies Act contains general provisions …

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Revitalzing Era: Breaking the doors of silence through the sexual harassment act

INTRODUCTION The doors for empowering women which remained closed for many decades have started budding up to take the full shape of maturity with the passage of the newly passed “The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013”(“SHW Act”), PRECURSOR& BACKGROUND TO THE LAW The era of 90’a has shown …

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