Articles

The Ministry of Finance (“MoF“) through a press release dated September 27, 2013 (“Press Release“)1, has permitted unlisted Indian companies to list directly on offshore stock exchanges without prior or simultaneous or subsequent listing in India, which was not permitted earlier. The main features of Press Release are: Unlisted companies allowed to issue ADRs/ GDRs […]

Introduction: As the cities are rapidly growing there is a need to create the required infrastructure for smooth flow of traffic and to provide all the requisite amenities such as electricity, water, education etc. Rapid urbanization and growth has forced government to acquire land for executing the infrastructure projects. Due to inadequacy of proper legal

INTRODUCTION The change in the 57 years old legislation has shown a very illuminating light towards corporate development as it has brought about a more realistic approach to the present increasing corporate frauds and discrepancies. One of the major steps taken by the Indian legislature in order to do away with such problems is inclusion

The Union Cabinet approved liberalisation of FDI norms in a dozen sectors including PSU oil refineries, commodity bourses, power exchanges, stock exchanges, clearing corporations, asset reconstruction companies, tea plantations and courier services . The following amendments have been made to the Consolidated Foreign Direct Investment Policy (Circular 1 of 2013) (the “FDI Policy”) which have

(As passed by the Lok Sabha on 18.12.12, by the Rajya Sabha on 08.08.13 and received assent from the President on August 29, 2013) Reason behind new law? The promulgation of the new law is a step towards globalization and is a successful attempt to meet the changing environment and is progressive and futuristic duly

INTRODUCTION Under the wider ambit of the Contractual law which gives perseverance to different clauses in anAgreement, the non-compete clause stands erect neither leaning nor bending with perpetual sanctity. But enhancing its validity especially in Employment Agreement is a matter of minute scrutinisation.By virtue of this non-compete clause, the employee undertakes and gives his acceptance

INTRODUCTION Liberalization is sparkling in India like a rising star as evidenced from many of the foreign investment deals which are on the verge of finalization. As per the circular issued by the government of India in the year 2012, a total 49% equity investment could be made by a foreign investor in aviation industry

This article is an attempt at analyzing the issue of shares by companies with differential rights as to voting, dividend etc., Introduction: The Companies Act, 1956 (hereinafter referred to as the “Act”) was amended in the year 2000, with effect from 13.12.2000, whereby issuance of shares with differential voting rights (“DVR’s”) was introduced by inserting Section

INTRODUCTION In this developing era, development is not cynical but institutionalizing the path for development is arduous, climbing only the first stair is cumbersome because the other stairs will automatically show its way. As an already running company does not have much difficulty to touch the sky of pinnacle but laying down the foundation for

Every type of company, must once in a year hold an annual general meeting as per Section 166 of the Companies Act, 1956. Not more than 15 months must elapse between the date of one annual general meeting and that of the next. However, a company may hold its first annual general meeting within 18