Author name: ithelp

POSTAL BALLOT

Introduction: In the Indian scenario, postal ballot is relatively a new concept which was introduced in the Companies Act, 1956 by insertion of a new section, namely Section 192A through an amendment made to the said Act in year 2001. Section 192A of the Companies Act, 1956 states that for the purpose of this section, …

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Mauritius Corporate Governance Code on Risk Management – Financial Institutions

I. Introduction: Corporate Governance relates to the processes and structures that should be put in place in order to direct and manage the business and affairs of an institution with the objective of ensuring its safety and soundness while enhancing shareholder value. It defines the division of power and establishes mechanisms for achieving accountability between …

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Compliance Calendar as per Listing Agreement for the Quarter ended on 30th June, 2015

S. No Activities Sections /Rules /Clauses, etc. Acts / Regulations, etc. Compliance Due Date 1. Compliance Certificate on Corporate Governance Clause 49 Listing Agreement 15th July, 2015 2. Shareholding Pattern[BSE Ltd has launched a facility of XBRL based reporting for Shareholding Pattern w.e.f June 12, 2015. To facilitate the reporting of shareholding pattern in XBRL format, …

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BlueOrchard Microfinance Fund (Appellants) Versus Share Microfin Limited (Respondent)

Case decided on 01.06.2015 C.V. Nagarjuna Reddy, J. (decided on 01.06.2015) Three petitions are filed under Sections 433, 434(1) (c) and 439(1)(b) of the Companies Act,1956 (for short, ‘the Act’) for an order to wind up the respondents for non-payment of the alleged debts due to the petitioner Brief Facts: The petitioner is an investment …

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Legal Jargons

Word: sui juris Origin: Latin word Meaning: of his own right Example:A person sui juris is one who possesses full civil rights and is not under any legal incapacity Refers to one legally competent to manage his own affairs Word: res ipsa loquitur Origin: Latin word Meaning: the thing speaks for itself Example: used in …

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