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Search results: Companies Act

covid-19

A new dawn

As employers wake up to the reality of COVID-19, how can they minimize risks for employees and ensure business continuity? Amit Anand reports The World Health Organization (WHO) declared the COVID-19 outbreak a pandemic in the...
international

The International A-List 2020

India Business Law Journal reveals the top 100 India-focused legal experts outside the country. Putro Harnowo reports View the A-List As the second-biggest economy in Asia, India actively attracts investment and generates offshore work, transactional financing,...
internet

India unplugged

As the country grapples with the dual realities of Digital India and being the ‘internet shutdown capital of the world’, Amar Sundram analyses a recent Supreme Court judgment challenging blackout actions in Kashmir. The Narendra...
music

Out of harmony

Clarity from the Intellectual Property Appellate Board is required to lessen tensions between music labels and broadcasters, writes Sachin Kalra The relationship between radio broadcasters and music labels has always been contentious, due to rights...
CCI

Blue sky thinking

The competition regulator has over the years allowed companies to undertake innovative commitments to enable their mergers to go through, writes Soumya Hariharan of Trilegal. In the past nine years, the merger regime in India...
shares

Analysis of the new minority exit option

By Inder Mohan Singh and Mohammed Abid Hussain, Shardul Amarchand Mangaldas & Co
This article examines amendments to the legal regime governing takeover offers that may be made in applications for arrangements under sections 230(11) and (12) (collectively, takeover provisions) of the Companies Act, 2013 (act), read...
Companies Act

Takeover offer provisions of Companies Act updated

The Ministry of Corporate Affairs has notified section 230(11) and section 230 (12) of the Companies Act, 2013, which pertain to takeover offers in case of an unlisted company, vide its notification dated 3...
policy

Interplay of polity, policy on infrastructure development

By Shreshth Sharma and Molshree Bhatnagar, HSA Advocates
Governed by its constitution and derivative laws, a country speaks through its policies. Sound economic and regulatory policy creation coupled with effective implementation encourages investor confidence and forms the fundamental basis of attracting large...
retail

Draft framework for retail payment systems operators

By Sawant Singh and Aditya Bhargava, Phoenix Legal
In a move that reflects well-reasoned foresight, on 10 February, the Reserve Bank of India (RBI) released a draft framework for the establishment of new retail payment systems operators. The stage for this draft...
infringement

Recourse measures for apprehension of infringement

By DPS Parmar, LexOrbis
Threats of infringement weigh heavily on patentees who therefore closely monitor active and passive unauthorized uses of their patented inventions. This is not as easy as it may seem. What constitutes an imminent danger...
discom

Understanding the reasons behind discom stress

By Anura Gupta and Abhishek Tripathi, Sarthak Advocates & Solicitors
The electricity sector has been waiting since 2003 for the next phase of reform. There was excitement when the power minister hinted before the budget that it might contain important initiatives for the sector....
Arbitration

Overlap between insolvency code and arbitration law

By Charanya Lakshmikumaran and Puneeth Ganapathy, Lakshmikumaran & Sridharan
Arbitral awards are treated as orders of a court and can be enforced as such, under the Civil Procedure Code, 1908 (CPC), subject to defences under the Arbitration and Conciliation Act, 1996. The Insolvency...
news

News In Brief

Real estate partner at HSA HSA Advocates has hired Amaresh Kumar Singh as a partner at the firm’s New Delhi office. Prior to joining HSA, Singh worked at L&L Partners. He has more than 25...
employees

Contractual employees entitled to PF benefits

The Supreme Court recently held that contractual employees who draw salaries directly or indirectly are entitled to provident fund benefits under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (EPF act). In M/s Pawan...

Lenders assign GSML debt to ARC

Argus Partners advised a Garden Silk Mills (GSML) consortium of lenders, led by Bank of Baroda, on the resolution of its stressed assets and account under the Reserve Bank of India’s (RBI) circular dated...
cement

Khaitan cements ‘one of a kind’ acquisition

Khaitan & Co advised Nuvoco Vistas Corporation, part of the Nirma Group, which made a 100% equity stake acquisition of Kolkata-based Emami Cement, for an enterprise value of ₹55 billion (US$760 million). “This was a...
funding

Funding from international sources for companies

By Gautam Khurana, India Law Offices
India has been a capital-deficient country since independence and raising funds either by means of equity or debt has always been problematic for industry. The question that comes up when a business is planning...
think big

When families fail

Is all really fair in love and war? When it comes to warfare between siblings, or in families, there is often little that is fair or reasonable. As seen in many a Bollywood movie, and...
family

Securing the family silver

Spooked by domestic tax and regulatory changes, many wealthy Indians are shifting capital overseas. Vandana Chatlani reports In India, business is personal. An estimated 95% of companies are run by families. Promoters of companies...
deals

Deals of the Year 2019

India Business Law Journal reveals the most significant deals and disputes of 2019 and the law firms that worked tirelessly to bring them to fruition The best transactions for the past year in India came...