Blogs

Payment of MCA Fees

May 31, 2011

Electronic mode : The MCA has in partial modification of its circular dated 9th March, 2011 regarding acceptance of payment of value...

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Tax issues might stand as an impediment in sanctioning of amalgamation under Sections 391 to 394 of the Companies Act, 1956, if not properly addressed

May 31, 2011

Case Law : Scheme of Arrangement between: M/s. Vodafone Essar Limited, Non-petitioner/Transferor [Company No.1], M/s. Vodafone Essar Mobile Services Limited, petitioner/Transferor [Company...

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No criminal prosecution can be maintained against the company in the absence of basic ingredient of offence (mens rea) – [section 209(a), 211(1) (2), 217(1) (a) & 633(2) of the Companies Act, 1956]

May 31, 2011

Case Law : SOUTH ASIAN PETROCHEM LIMITED & ORS v.THE REGISTRAR OF COMPANIES [CAL] Decided on – 05.04.2011 After inspection of books...

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Date of approval/effecting for transfer of shares cannot be kept hold if the consideration for transfer of shares is paid as per the time lines mentioned in the Share Purchase Agreement

May 31, 2011

BHUSHAN ENERGY LTD & ORS v. SECURITIES AND EXCHANGE BOARD OF INDIA & ANR [SAT] Decided on 28.12.2010 The Appellant (Bhushan Group)...

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Suit is maintainable even if it is filed by unregistered firm for grant of injunction against infringement of its trade mark

May 31, 2011

Case Law : M/s. BADEMIYA, MUMBAI & ORS v. MUBIN AHMED ZAHURISLAM [BOM] Decided on 25.03.2011 M/s. BADEMIYA, MUMBAI & ORS, the...

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Coming together is a beginning..

April 29, 2011

Dear All, The year 2011 has been quiet an eventful year so far, with some ecstatic and some unnerving moments. After 28...

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Listed below are the Compliances for the period 25th April to 25th May

April 25, 2011

  S. No. Compliance Form to be filed Relevant Law Due date 1. Payment of Service tax TR-6 Service Tax Rules, 1994...

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Industrial Development Bank Of India V. Thapar Agro Mills Ltd (2011)

April 24, 2011

1. No decree can create a charge on the assets of the Company unless it is registered  under Section 125 of the Companies...

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The latin legal terms ‘pro tempore’ and ‘Non est factum

April 24, 2011

The  latin legal terms 'pro tempore' and 'Non est factum'  are discussed below: Word : Pro tempore Meaning: "for the time being"....

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Role of Corporate Sector in Agribusiness

April 24, 2011

Introduction Agriculture Sector plays a very vital role in India's economic, social and political growth.  The growing momentum in the agri-business and...

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Trends in Different Sectors of Agri Industry

April 24, 2011

Food Processing industry The food processing sector is highly fragmented industry, it widely comprises of the following subsegments: fruits and vegetables, milk...

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Government Initiatives in Agri Sector

April 24, 2011

Shri Pranab Mukherjee,  Union Finance Minister announced in the budget for 2011-12, to set up 15 more mega food parks (MFPs) and also...

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Foreign Direct Investment in Agriculture Sector

April 24, 2011

The global expertise and knowledge are also much needed to develop this growing sector. 100 per cent foreign direct investment (FDI) is...

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Role of Corporate Sector in Agri

April 24, 2011

[vc_row][vc_column][vc_column_text]The corporate sector has an important role to play in generation and diffusion of technology in the years to come. This can be...

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The foreign trade(development and regulation) AMENDMENTACT, 2010

April 24, 2011

In 1992, the Government enacted the Foreign Trade (Development and Regulation)  Act, 1992 (‘the principal Act’) to enable development and regulation of foreign...

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Seminar on ‘IPO & Private Equity Conclave

April 24, 2011

A seminar was organised by Achromic Point Consulting an International consulting firm on ‘IPO & Private Equity Conclave’ on 15th April, 2011...

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Clarification in respect of Circular No. 02/2011

April 22, 2011

Companies have been seeking clarification from MCA about the exemption granted under Section 212 (8) of the Companies Act, 1956, vide its Circular No....

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Approved agency to provide electronic platplatform for electronic voting for postal ballot

April 22, 2011

Another Circular on the path of Green Initiative. MCA has clarified  vide circular No. 21/2011 dated 2nd May, 2011 that only a duly approved...

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