By the Companies (Amendment) Act, 2019, section 29 of the Companies Act, 2013 (‘Companies Act’) was amended. Pursuant to the amendment a prescribed class(es) of companies were required to issue securities only in dematerialised form (earlier it was...
Originally, the provisions of ‘Commencement of Business’ was introduced in Companies Act, 2013 but the same was omitted by the Companies (Amendment) Act, 2015. The initial life of the said provision was from April 1, 2014 to May 29, 2015. The said...
There are few judges who make a tremendous impact on our thought process, interpretation skills, writing skills and many more. For me – Justice GS Patel is one of them. I thoroughly enjoyed reading his judgments & attending hearings at Bombay...
This blog is comment/ analysis of headline of newspaper article only, and not on the Supreme Court judgment. Recently, the Supreme Court observed that services by lawyers will not fall under Consumer Protection Act. Though the question posed before...
Swatantrya Veer Savarkar is undoubtedly an excellent movie & great work by actor and producer – Randeep Hooda. Most importantly the casting is worth appreciating. Based on my reading & study of Veer Savarkar, I could easily correlate the...
Recent MCA Notification for compulsory demat of securities for not Small Cos. has created uncertainties for few Cos./group cos. Following are some practical situations (for few of my clients) & observations: 1. Co. was subsidiary of Foreign Co....
MCA to launch Central Processing Centre for all compliances, similar to company incorporation and company closure. this is a significant development in Company Law- from the perspective of registration services, compliance, compliance monitoring.....
MCA has mandated private companies (which are not Small Cos.) to issue securities (not just ‘shares’) only in demat form and facilitate demat process for all its securities. Presently, the said provisions are applicable to unlisted public companies....
It's been around 2 months that Rakesh Jhunjhunwala (RJ) is no more... RJ was the first person for me to have some interest in investing finance and Securities Market. On business channels, everyone was talking ‘technical’ concepts then, but RJ was...
