Introduction In case of any disputes between the parties, there are probabilities that parties might compromise and settle the matter during the pendency of the case before the Court. In this blog, we analyse the situation where the application has
Introduction Cross-border mergers and acquisitions have rapidly increased reshaping the industrial structure at the international level. A cross-border merger means any merger, amalgamation or arrangement between an Indian company and a Foreign Company[1] in accordance with the Companies Act, 2013
Introduction While the rights, powers, and duties of Directors defined in the Articles of Association of the Company, a need was felt for legal clarity. Under the Companies Act 1956 (the Erstwhile Act), there were no explicit provisions regulating the
The role of Independent Director features prominently in Corporate Governance Codes. In India, the Companies Act 2013 (the Act) and SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 have completely revamped the country’s corporate governance code. Corporate governance generally places
Under the Insolvency and Bankruptcy Code, 2016 (the Code), a financial creditor can initiate a Corporate Insolvency Resolution Process (CIRP) by filing an application before the jurisdictional National Company Law Tribunal (the NCLT) upon the occurrence of a default in
Initial Coin Offerings (“ICOs”) has gained prominence in the world of crypto-currencies and startups as a relatively-easy fundraising mechanism. News about raising millions of dollars in a few seconds upon opening of the ICO is adding to the frenzy. Many
Compulsorily Convertible Debentures (CCDs) are considered to be hybrid instruments / and equity linked instrument, i.e. they are treated as debt till the time they are converted into equity. When they are issued it is a debt, after a period
Independent Directors (ID) bring objectivity and an independent opinion to the decisions made by the directors of the company. IDs play a supervisory role and take into account the interests of shareholders, creditors, employees and other stakeholders in general. While
Employee Stock Option or ESOP is a mechanism through which companies provide options to their employees to purchase equity shares and become stakeholders in the companies, at a pre-determined price, and upon “Exercise”. To read more on the basics of
Junior Partner Ms. Sohini Mandal appeared on the Prathibha Sastry Show talking about the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act 2013 (POSH). She also talks about her experience in conducting Internal Complaints Committee procedures. The
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