July 2017

Analysis of SEBI’s Interpretive Letters on Insider Trading Regulations, 2015


Backgrounder – ICSI Capital Markets Week [July 22-28, 2017]

The article is a compilation and analysis of the Interpretive Letters issued by SEBI under Prohibition of Insider Trading Regulations, 2015

Disclaimer

Article has been first published in the Backgrounder – ICSI Capital Markets Week 2017 and Copyright belongs to ICSI. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither ICSI nor Author is responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


July 2017

SEBI eases Takeover Code for buying stresses assets


Taxmann ( [2017] 82 taxmann.com 483 (Article) )

SEBI Board, in its recent meeting held on June 21, 2017, took some significant decisions. The decisions will have an impact on the securities market and listed companies. The article is a compilation and analysis of the significant decisions taken by the SEBI Board in its meeting.

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Article has been first published on Taxmann and Copyright belongs to Taxmann. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor Author is responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


May 2017

Curious Case of open-ended shareholders’ approval for Related Party Transactions


Sanhita [Monthly Newsletter of Pune Chapter of ICSI]

Sanofi India Ltd., in its 61st Annual General Meeting, proposed a resolution for shareholders’ approval. The resolution related to shareholders’ approval for the Related Party Transaction under Cos. Act, 2013 and Reg. 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’). The article is summary of facts, analysis of the provisions relating to ‘related party transactions’, reference of Proxy Advisory Firm’s Report, analysis of the Corporate Governance issues in the said transaction.

Disclaimer

Article has been first published by Pune Chapter of ICSI and Copyright belongs to Pune Chapter of ICSI / ICSI. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Pune Chapter of ICSI nor Author is responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


April 2017

SAT ‘Strictly’ Interprets Takeover Code, Strikes Down Application Of SEBI’s Informal Guidance


Live Law

SAT in Arbutus Consultancy LLP Vs SEBI, decoded the provisions of the Takeover Code in light of the exemptions under the Code read with SEBI’s Informal Guidance Scheme, 2003. This article is an analysis of the SAT judgment.
Article is an analysis of the Apex Court’s judgment in NSDL Vs SEBI.”

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Article has been first published on the LiveLaw and Copyright belongs to LiveLaw. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither LiveLaw nor Author is responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


April 2017

SC: SAT has no jurisdiction to adjudicate on SEBI’s ‘Administrative Circulars’


Personal Blog [ https://satisfyyouriptite.wordpress.com ] In a very interesting decision, the Apex Court interpreted the provisions of SEBI Act, and ruled on a contentious question – Whether administrative circular that is issued by SEBI under the Act can be the subject matter of appeal u/s 15T of the Act?
Article is an analysis of the Apex Court’s judgment in NSDL Vs SEBI.”

Disclaimer

Article has been first published on the Blog [https://satisfyyouriptite.wordpress.com] and Copyright belongs to Mr. Ritvik. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Mr. Ritvik nor Author is responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


March 2017

SEBI’s New Initiative – SEBI proposes to reduce listing time, strengthen settlement process


Taxmann [2017] 79 taxmann.com 163 (Article)

The article analyses the impact of the crucial decisions taken by the SEBI, in its Board at its meeting held on Feb. 11, 2017.

Disclaimer

Article has been first published by Taxmann and Copyright belongs to Taxmann. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor Author is responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


March 2017

Can company pay commission on monthly basis to Independent Directors?


Corporate Law Adviser [[2017] 137 CLA (Mag.) 19 ]

SEBI, in its Board Meeting held on January 14, The article analyses the provisions relating to payment of remuneration to non-executive directors under the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015. The article ultimately deliberates on the provisions (and permissibility) of payment of commission on monthly basis to the independent directors.

Disclaimer

Article has been first published by CLA and Copyright belongs to CLA. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither CLA nor Author is responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 

 


February 2017

SEBI’s New Initiative – SEBI tightens Merger & Amalgamation norms for listed cosmpanies


Taxmann [[2017] 78 taxmann.com 131 (Article)]

SEBI, in its Board Meeting held on January 14, 2017, deliberated and concluded on some crucial aspects of securities laws which included corporate restructuring strategies, investment and marketing strategies by Asset Management Cos. under SEBI (MF) Regulations, empowerment of Stock Exchanges for effective regulation of Listed Entities, etc. This article is a summary of the important and crucial decisions taken by the SEBI Board at its recently convened meeting.

Disclaimer

Article has been first published by Taxmann and Copyright belongs to Taxmann. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor Author is responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


December 2016

SEBI’s New Initiative – SEBI eases norms for start-up funding, increases investment avenues for FPIs


Taxmann [[2016] 76 taxmann.com 182 (Article)]

This article is a summary of the key decisions taken by the SEBI Board (at its Board Meeting held November 23, 2016) and its impact on the concerned market intermediary or market.

Disclaimer

Article has been first published by Taxmann and Copyright belongs to Taxmann. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor Author is responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


October 2016

SEBI’s New Initiative – SEBI to tighten noose on side deals between PE Investors and Promoters


Taxmann [[2016] 74 taxmann.com 125 (Article)]

This article is a summary of the key decisions taken by the SEBI Board (at its Board Meeting held September 23, 2016) and its impact on the concerned market intermediary or market.

Disclaimer

Article has been first published by Taxmann and Copyright belongs to Taxmann. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor Author is responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


September 2016

Deliberation on the legal sanctity of SEBI’s Informal Guidance Scheme


Sanhita (Monthly Newsletter of Pune Chapter of ICSI)

Article as an analysis of: (i) SEBI’s Informal Guidance Scheme, (ii) Recent Interpretive letters issued by SEBI under the Scheme.

Disclaimer

Article has been first published by Pune Chapter of ICSI and Copyright belongs to Pune Chapter of ICSI or ICSI. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Pune Chapter of ICSI / ICSI nor Author is responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


June 2016

Curious case of unwarranted shareholders’ activism in re-appointment of Independent Director by Infosys


Sanhita

Article is an analysis of the facts, details of independent director’s re-appointment by Infosys Ltd., study of the Proxy Advisory Firm’s Report and Voting Policy, elaborate discussion on the provisions of the Act and the subsequent clarification provided by MCA and SEBI.

Disclaimer

Article has been first published by Pune Chapter of ICSI and Copyright belongs to Pune Chapter of ICSI / ICSI. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Pune Chapter of ICSI nor Author is responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


June 2016

SEBI’s New Initiative – SEBI proposes to liberalize Fund Managers’ Regulations & boost REITs


Taxmann.com

SEBI Board, in its meeting held on June 17, 2016, took some crucial and important decisions which includes amendments to the SEBI (Portfolio Managers) Regulations, 1993 pursuant to introduction of Section 9A in the Income Tax Act, 1961 and amendments to the SEBI (Real Estate Investment Trusts) Regulations, 2014. Article is a compilation and analysis of the SEBI decisions and consultation paper floated after the Board Meeting along with its impact on the securities market and market participants.

Disclaimer

The article has been first published by Taxmann and the copyright belongs to the Taxmann, the same has been published on this portal for the benefit of the visitors. The material contained in the article is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor the Author is responsible for in respect of anything done/omitted to be done by the person in reliance upon the contents of the published article.

 


June 2016

SEBI’s New Initiative -Stringent norms for P-Notes & Dividend Distribution Policy for Listed Companies


Taxmann’s Corporate Professionals Today [June 2016 (Vol. – 36, Issue – 3)]

SEBI Board, in its meeting held on May 19, 2016, took several crucial and important decisions, which include tightening of provisions relating to P–Notes, mandatory formulation of Dividend Distribution Policy for top 500 listed cos., proposed amendments to securities laws, etc. Article is a compilation and analysis of the prominent decisions taken by SEBI along with its impact on securities market and market participants.

Disclaimer

The article has been first published by Taxmann and the copyright belongs to the Taxmann, the same has been published on this portal for the benefit of the visitors. The material contained in the article is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor the Author is responsible for in respect of anything done/omitted to be done by the person in reliance upon the contents of the published article.

 


March 2016

SEBI’s New Initiative to bar wilful defaulters from fund-raising


Taxmann’s Corporate Professionals Today [March 2016 (Volume – 35, Issue – 6)]

SEBI, in its Board Meeting held on March 12, 2016, approved of certain new initiatives which include imposing restrictions on wilful defaulters, proposing brightline tests for acquisition of ‘control’ under Takeover Code, reviewing manner of dealing with Audit Reports containing qualifications. Article is compilation of decisions taken by SEBI Board along its impacts and analysis.

Disclaimer

The article has been first published by Taxmann and the copyright belongs to the Taxmann, the same has been published on this portal for the benefit of the visitors. The material contained in the journal is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor the Author is responsible for in respect of anything done/omitted to be done by the person in reliance upon the contents of the published article.

 


January 2016

SEBI’s new initiative: Eases exiting route for dissenting shareholders


Taxmann’s Corporate Professionals Today [Jan. 2016 (Volume 35, Issue – 2)]

SEBI, in its Board Meeting held on January 11, 2016, approved certain new initiatives which includes providing of exit opportunity to dissenting shareholders under section 27 of Cos. Act, 2013, disclosure requirements for issuance & listing of Green Bonds, introduction of “Primary Market Debt Offering through private placement on electronic book” and review of prudential limits on investments by Mutual Funds. Article provides analysis and impact of the key decisions taken by the SEBI Board.

Disclaimer

The article has been first published by Taxmann and the copyright belongs to the Taxmann, the same has been published on this portal for the benefit of the visitors. The material contained in the journal is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor the Author is responsible for in respect of anything done/omitted to be done by the person in reliance upon the contents of the published article.

 


December 2015

SEBI’s New Initiative: Listing of Stock Exchanges, Green Bonds’ issuance & Amendment to Takeover Code


Taxmann’s Corporate Professionals Today (Volume 34, Issue – 8)]

SEBI, in its Board Meeting held on Nov. 30, 2015, approved certain new initiatives and amendment in its Regulations. Some key decisions include listing of stock exchanges, introduction of public consultation process for disclosure requirements for Green Bonds’ issuance and listing, Takeover Code amendment, exit opportunity to dissenting shareholders. Article is an analysis of SEBI’s key decisions, along with in-depth discussion on concept papers floated after the meeting.

Disclaimer

The article has been first published by Taxmann and the copyright belongs to the Taxmann, the same has been published on this portal for the benefit of the visitors. The material contained in the journal is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor the Author is responsible for in respect of anything done/omitted to be done by the person in reliance upon the contents of the published article.

 


December 2015

Analysis of SEBI Discussion Paper amending the Takeover Code


Published by – Sanhita (Monthly Newsletter of Pune Chapter of ICSI)

On August 26, 2015, SEBI floated a Discussion paper for reviewing the policy relating to forfeiture of partly paid-up shares, requiring an amendments to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (‘Takeover Code, 2011’). SEBI in its Board meeting held on November 30, 2015, approved the proposal to amend the Takeover Code for providing general exemption from open offer obligations arising due to ‘passive increase’ in voting rights as a result of expiry of call notice period and forfeiture of shares.

Disclaimer

Article has been first published by Pune Chapter of ICSI and Copyright belongs to Pune Chapter of ICSI / ICSI. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Pune Chapter of ICSI nor Author is responsible in responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


October 2015

Pricing of RPTs under Cos. Act, 2013 & Listing Regulations


Published by – ICSI Mysore eMagazine

The article is an analysis of the provisions of the Cos. Act, 2013 and Listing Agreement with respect to pricing of Related Party contracts / arrangements, considering the varied provisions in both legislations.

Disclaimer

Article has been first published by Mysore Chapter of ICSI and Copyright belongs to Mysore Chapter of ICSI / ICSI. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Mysore Chapter of ICSI nor Author is responsible in responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


October 2015

Related Party Transactions – Approval, Disclosures & Reporting under SEBI’s Listing Regulations


Published by – Chartered Secretary

Vide the SEBI notified Listing Obligations and Disclosure Requirements, Regulations, 2015, there has been a change in the mode of obtaining shareholder’s approval, making disclosures and reporting of certain Related Party Transactions (‘RPTs’). The article contains the analysis and impact of the Regulations on the corporates and practicing professionals with respect to the basic provisions, disclosures, reporting and approval requirements of RPTs by listed entities.

Disclaimer

Article has been first published by ICSI, New Delhi and Copyright belongs to ICSI, New Delhi. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither ICSI nor Author is responsible in responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


September 2015

NSE Vs MoneyLife: Bombay HC slams NSE for arrogance, appreciates media’s ‘watchdog’ role


Published by – Sanhita (Monthly Newsletter of Pune Chapter of ICSI)

Article is an analysis of Bombay HC order in defamation suit filed by NSE against online news and analysis journal / website – www.moneylife.in and its Managing Editor and Executive Editor. The HC has slammed NSE for its ‘arrogance’ and has appreciated the media’s role as ‘watchdog’. Article includes: (i) Chronology of events, (ii) Analysis of the Bombay HC ruling with unique observations of Justice G.S. Patel.

Disclaimer

Article has been first published by Pune Chapter of ICSI and Copyright belongs to Pune Chapter of ICSI / ICSI. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Pune Chapter of ICSI nor Author is responsible in responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


August 2015

Tools Of Corporate Governance Under The Companies Act, 2013


Published by – National PCS Conference Kochi

Under Cos. Act, 2013, various provisions makes the cos. and management more accountable, transparent and ensure that stakeholders are provided with adequate disclosures for the purpose of decision-making. The article is compilation of such select provisions which provides a ‘tool for corporate governance’. Few of these tools have been incorporated for the first time in the Indian Company Law, while few of the provisions existed under Cos. Act, 1956 but were not mandatory, but were adopted as a good corporate practice and few of the tools were mandatory under the Listing Agreement.

Disclaimer

Article has been first published by ICSI in the Souvenir / Backgrounder of a conference, and the Copyright belongs to ICSI. The article has been published on this portal for the benefit of the visitors. Material contained in the journal is not intended to replace appropriate professional advice required before acting on any matter. Neither ICSI nor Author is responsible in responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


July 2015

SEBI’s new initiatives Timeline reduction of public-issue, Start-up listing, Reclassification of promoters


published by – Taxmann: Corporate Professional Today

SEBI in its board meeting (held on June 23, 2015) introduced some dynamic proposals in the securities market which will have an impact on the overall securities market and on the market participants over a period of time. Some key decisions of SEBI include: Timeline reduction of public issue process by mandating ASBA, introduction of platform for start-ups for raising capital on the Institutional Trading Platform, reclassification of ‘promoters’ to ‘public’, etc. The article gives an analysis of SEBI’s key decisions and summarizes their impact on the securities market.

Disclaimer

The article has been first published by Taxmann and the copyright belongs to the Taxmann, the same has been published on this portal for the benefit of the visitors. The material contained in the journal is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor the Author is responsible for in respect of anything done/omitted to be done by the person in reliance upon the contents of the published article.

 


July 2015

Analysis & Impact of recent amendments in SEBI Regulations


Annual Regional Practising CS Conference [Indore, 2015]

On January 15, 2015, SEBI issued a complete new set of Insider Trading Regulations that replaced the two-decade old Insider Trading Regulations. On March 24, 2015, SEBI notified numerous amendment Regulations, relating to buyback, delisting, issue of capital and disclosure requirements, public offer & listing of securitised debt instruments and issue & listing of debt securities. Article is compilation of the amendments, analysis of the amendments and impact on the corporates / practising professionals.

Disclaimer

Article has been first published by ICSI in the Souvenir / Backgrounder of a conference, and the Copyright belongs to ICSI. The article has been published on this portal for the benefit of the visitors. Material contained in the journal is not intended to replace appropriate professional advice required before acting on any matter. Neither ICSI nor Author is responsible in responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


May 2015

Comprehending Related Party Transactions under Listing Agreement


published by – Corporate Law adviser

RPTs’ has been the buzz word for India Inc. for at least last 12-14 months & the corporate secretarial department of companies have been identifying the ‘related parties’ and prescribed ‘transaction’ under Cos.Act, 2013 & Listing Agreement for ensuing pro-active and desired compliance. RPTs by listed companies regulated by both – CA, 2013 & Clause 49 of Listing Agreement (amended vide SEBI Circular dated April 17, 2014 & September 15, 2014). Though, there are some apparent conflicting RPT provisions in CA, 2013 and amended Clause 49 of Listing Agreement, the articles elucidated on the analysis of compliance and disclosures under revised Cl. 49 of Listing Agreement only.

Disclaimer

Article has been first published by Corporate Law Adviser’s (CLA) journal and Copyright belongs to CLA. The article has been published on this portal for the benefit of the visitors. Material contained in the journal is not intended to replace appropriate professional advice required before acting on any matter. Neither CLA nor Author is responsible in responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


April 2015

SEBI proposes listing for start-ups with easier compliance norms


Published by – Taxmann: SEBI & Corp. Laws

In India there are many incubation and research centers, which provide excellent opportunities for youngsters to work on projects and develop their mind and entrepreneurial skills. To exploit such ideas ‘commercially’, the young entrepreneurs need capital and, accordingly, they approach institutional/ strategic investors. With an intention of promoting the entrepreneurial spirit, SEBI has proposed listing of such new-age companies/start-ups. The recently issued SEBI discussion paper on Alternate Capital Raising Platform has been discussed in this article by giving detailed background of the same and analysis of the proposed exemptions.

Disclaimer

The article has been first published by Taxmann and the copyright belongs to the Taxmann. The articles has been published on this portal for the benefit of the visitors. The material contained in the journal is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor the Author is responsible for in respect of anything done/omitted to be done by the person in reliance upon the contents of the published article

 


April 2015

SEBI’s new initiatives : Listing of start-ups & introduction of IFSC


Published by – Taxmann: Corporate Professional Today

The market watchdog, SEBI, in its board meeting (held on March 22, 2015) introduced dynamic proposals and vibrant changes in the securities market. Some of the proposals were in relation to the Finance Minister’s announcements in the Union Budget 2015-2016, while some were due for ‘formal announcement’ for a longtime. The article is an analysis of the SEBI’s key decisions and summarizes the impact of the decision on the overall economy and on the securities market.

Disclaimer

The article has been first published by Taxmann and the copyright belongs to the Taxmann. The articles has been published on this portal for the benefit of the visitors. The material contained in the journal is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor the Author is responsible for in respect of anything done/omitted to be done by the person in reliance upon the contents of the published article.

 


March 2015

Analysis of SEBI & SAT orders passed on Insider Trading matters in 2014


Published by – Taxmann: SEBI & Corp. Laws

2014 has been a dynamic year for the rulings by SEBI & SAT in case of Insider Trading . During the year both the authorities laid down precedents for interpreting various terms under SEBI (Prohibition of Insider Trading) Regulations, 1992 like: ‘price sensitive information’, ‘connected person’, ‘insider’, ‘officer’ etc. Also, both the authorities travelled beyond Regulations and interpreted phrases with a broader perspective. The article is a compilation of analysis and summary of facts and decisions by SEBI/SAT in Insider trading cases during the year 2014.

Disclaimer

The article has been first published by Taxmann and the copyright belongs to the Taxmann. The article has been published on this portal for the benefit of the visitors. The material contained in the journal is not intended to replace appropriate professional advice required before acting on any matter. Neither Taxmann nor the Author is responsible for in respect of anything done/omitted to be done by the person in reliance upon the contents of the published article.

 


January 2015

Analysis of SEBI (Prohibition of Insider Trading) Regulations, 2015


Published by – Corporate Law adviser

SEBI notified Prohibition of Insider Trading (‘PIT’) Regulations, 2015 to replace decade framework, PIT, 1992. Article contains the analysis of the PIT Regulations, 2015 which includes study of newly introduced definitions / expansion of scope of existing definitions, along with substantial changes in initial disclosures and continual disclosures to be made by promoters / directors. The analysis is of the new provisions in relation to the earlier provisions.

Disclaimer

Article has been first published by Corporate Law Adviser’s (CLA) journal and Copyright belongs to CLA. The article has been published on this portal for the benefit of the visitors. Material contained in the journal is not intended to replace appropriate professional advice required before acting on any matter. Neither CLA nor Author is responsible in responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


May 2014

Practical aspects – Number of Directorships


Published by – Corporate Law adviser

There has been an extensive and far reaching change in the provisions relating to number of directorships that a person can hold in accordance with the erstwhile Companies Act, 1956 and the provisions in the Companies Act, 2013 along with the amendment to the Listing Agreement [Clause 49]. Article is an analysis of provisions with some practical examples to help the readers understand its impact.

Disclaimer

Article has been first published by Corporate Law Adviser’s (CLA) journal and Copyright belongs to CLA. The article has been published on this portal for the benefit of the visitors. Material contained in the journal is not intended to replace appropriate professional advice required before acting on any matter. Neither CLA nor Author is responsible in responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


May 2014

Game Changer – The SC Verdict on transfer of securities of Unlisted Companies


Published by – Corporate Law adviser

SCRA was legislated with an intention to prevent undesirable transactions and regulating dealings in securities. On 15th July, 2013, Single Bench of Supreme Court widened the scope and applicability of the SCRA by bringing into its purview unlisted public companies. The articles analyses the impact of the SC ruling in Bhagwati Developers (P.) Ltd. v. Peerless General Finance & Investment Co. Ltd.

Disclaimer

Article has been first published by Corporate Law Adviser’s (CLA) journal and Copyright belongs to CLA. The article has been published on this portal for the benefit of the visitors. Material contained in the journal is not intended to replace appropriate professional advice required before acting on any matter. Neither CLA nor Author is responsible in responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


April 2014

Shareholders Activism in Maruti Suzuki


Published by – Sanhita

Article is an analysis of the potential issues in proposed transaction, between:
1. Suzuki Motors Corporation, Japan;
2. Maruti Suzuki India Limited (a Co. listed on BSE & NSE) – subsidiary of Suzuki Motors Corporation, Japan &;
3. Proposed new company – which would be the Suzuki Motors Corporation, Japan.

Disclaimer

Article has been first published by Pune Chapter of ICSI and Copyright belongs to Pune Chapter of ICSI / ICSI. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Pune Chapter of ICSI nor Author is responsible in responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


August 2013

Zenith of Non-Compliance (An Analysis of the Order passed by SEBI against Zenith Infotech Limited)


Published by – Sanhita

Article is an analysis of SEBI’s Ad – interim Ex – parte Order against Zenith Infotech Limited. It contains discussion on the crucial matters that would be addressed (or expected to address) in the matter

Disclaimer

Article has been first published by Pune Chapter of ICSI and Copyright belongs to Pune Chapter of ICSI / ICSI. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither Pune Chapter of ICSI nor Author is responsible in responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.

 


August 2012

Out of Control?


Published By – FOCUS (Monthly Newsletter of ICSI – WIRC)

Control’ is one of crucial and a very strategic term in the Corporate Sector. It has been very widely defined in various corporate laws and also there are many case laws to further elaborate or clarify its definition. Article is an analysis of definitions and to understand that whether the definition or the concept of ‘control’ has actually gone out of control?

Disclaimer

Article has been first published by WIRC of of ICSI and Copyright belongs to WIRC of ICSI / ICSI. The article has been published on this portal for the benefit of the visitors. Material contained is not intended to replace appropriate professional advice required before acting on any matter. Neither WIRC of ICSI nor Author is responsible in responsible for in respect of anything done or omitted to be done by person in reliance upon contents of published article.