I. Introduction: Israel Securities Authority had decided to adopt the Goshen Committee recommendations on 17th December, 2006. The Goshen committee recommendations focus on improvement of director independence, particularly regarding approval of related party transactions, improvement in the workings of auditing/balance committees, pertaining to approval of company’s financial statements, improvement of corporate disclosure and accountability and …
Parties: Appellant: Shri Vimal Kishor Shah & Ors. Vs. Respondent: Mr. Jayesh Dinesh Shah & Ors. Citation: CIVIL APPEAL NO.8164 OF 2016. (ARISING OUT OF SLP(C) No. 13369 of 2013) Court: Supreme Court of India Bench: Abhay Manohar Sapre, J. I. Facts: One Shri Dwarkadas Laxmichand Modi executed a family Trust Deed on 06.04.1983 forming …
Shri Vimal Kishor Shah & Ors. Vs. Mr. Jayesh Dinesh Shah & Ors. Read More »
What is GST? How does it work? GST is one of the biggest Indirect Tax Reforms in India. GST is a simpler, efficient and effective tax system in the country, which subsumes the total indirect tax structure into one single payable tax. GST is one indirect tax for the whole nation, which will make India …
Regulation under SEBI (LODR) Regulations, 2015 Particulars Provision under SEBI (LODR) Regulations, 2015 Provision under Equity Listing Agreement Change Reg 7 (3) Compliance Certificate Compliance Certificate signed by both Compliance Officer and authorised representative of share transfer agent, has to be submitted to the stock exchange within one month of closure of each half of …
Imagine paying for everyday purchases directly from your bank, without the need for carrying cash. The RBI’s new interface helps you do just that Reserve Bank of India Governor Raghuram Rajan launched the much awaited Unified Payments Interface (UPI) system, as its latest offering in boosting digital money transfers. The interface has been developed by National …
Congratulations to P. V. Sindhu, Sakshi Malik and Dipa Karmakar for their excellent performance at the Rio Olympics 2016. While it indeed is a matter of pride for having won the medals but it is also a time introspect on how we can further improve our training facilities as well as coaching so that Indian …
Manner of achieving minimum public shareholding requirements in terms of SCRR, 1957With a view to facilitate listed entities to comply with the minimum public shareholding requirements within the time specified in Securities Contracts (Regulation) Rules, 1957 (“SCRR, 1957”), the following additional methods shall be available: – Rights Issues to public shareholders, with promoters/promoter group shareholders …
It was time for the annual team outing for R&A Family. This year we had this lovely family event of R&A on 19th & 20th of August 2016, at Palm Exotica Resort, Shankarpally, Hyderabad. It was a one night and two days’ trip. Our initial apprehensions about many of our team members not being able …
Order pronounced on 22nd June, 2016 by New Delhi Bench of National Company Law Tribunal (NCLT) In the matter of Mr. Rupak Gupta & Another….. (Applicant) Vs. U.P. Hotels Limited ………….(Respondent Company) & Others…………………………..(Respondent Director) Facts of the Case: Applicant and his mother were Directors of the Respondent Company. On 28th May, 2016, applicant received …
DIRECTOR’S RIGHT OF DIGITAL PRESENCE IN BOARD MEETINGS: Read More »
1. Word:Locus Standi Origin: Latin word Meaning: a right to appear in a court or before anybody on a given question; a right to be heard. Example: A foreign government which has not been recognized by the UK government has no locus standi in the English courts. 2. Word: Sub judice Origin: Latin word Meaning: before a court of law or a judge; under judicial consideration Example: Often a commissioner had to leave the bench because he was himself aparty to the suit that was sub judice.
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