Entities proposing to undertake a rights issue (Issuer) are required to adhere to certain requirements specified by the Securities and Exchange Board of India (SEBI)
Shardul Amarchand Mangaldas & Co
The Bombay High Court has recently rejected the objections to the enforcement of a foreign award on the ground of the award being in violation of the public policy of India,...
Khurana and Khurana
In the past four months Covid-19 is the primary reason for economic instability and uncertainty for business and companies globally, Indian companies are no exception
BDO India LLP
Vide its order dated 13 April 2020 Ministry of Finance has notified Mauritius as an eligible country for the purpose of granting Category I license.
Chandhiok & Mahajan
Restructuring & Insolvency Comparative Guide for the jurisdiction of India, check out our comparative guides section to compare across multiple countries
Khaitan & Co
The Covid-19 pandemic has resulted in a near extinction of primary market fundraising by companies in India.
On March 24th, 20201, the Government of India initiated a nationwide lockdown for a period of 21 (twentyone) days, limiting movement of the general public as a preventive measure to contain the spread of COVID-19 pandemic in India.
The Companies Act, 2013 ("Companies Act") has afforded to the majority shareholders of a company, various options to buy out, or squeeze-out, the minority in a reasonable manner.
Hon'ble Finance Minister, in her budget speech had proposed to abolish the much-abhorred dividend distribution tax "DDT" on companies/mutual fund.
GameChanger Law Advisors
General meetings are a practical expression of corporate democracy and allow members to have a constructive dialogue with the company's management.
Khaitan & Co
The proposed amendments mark the first step towards greatly expanding the capital-raising avenues open to Indian companies.
In our earlier news alert , we had discussed the dispensations granted by SEBI from certain crucial regulatory compliances applicable to public offerings and rights issues in India, in an effort to hot-wire fund raising activity ...
Set out below are certain considerations which are relevant for listed Indian companies in the current COVID -19 scenario.
Obhan & Associates
In the wake of the prevailing Covid – 19 pandemic and subsequent government lockdown in India, the Ministry of Corporate Affairs ("MCA") has been playing a vital role in implementing...
Kochhar & Co.
Due to the current lockdown, companies were not able to hold shareholders meetings and pass resolutions on certain matters requiring urgent attention/approval of the shareholders.
Link Legal India Law Services
Obhan & Associates
Directors of a company hold a fiduciary position and are expected to manage the affairs of the company in a manner beneficial to the company's interests.
The Indian securities law mandates a person (Acquirer), that is directly or indirectly (i) acquiring shares or voting rights beyond a prescribed limit in; or (ii) control over; a listed company (Target), to make an open offer ...
Following the outbreak of COVID-19 pandemic, the role of directors and senior management in taking appropriate measures, addressing concerns of various stakeholders and ensuring business continuity has become more important than ever.
Dezan Shira & Associates
The purpose of the statutory audit is to determine whether a company is providing an accurate representation of its financial situation by examining the information, such as books of account, bank balance, and financial statements.