28 July, 2014
Prohibition of any related party from voting in any special resolution of the company to approve any contract or arrangement (as specified in Section 188 of the Companies Act, 2013) is applicable only to the contract or arrangement for which the special resolution is being passed.
MCA General Circular No. 30/2014, dated 17-7-2014 issued for this purpose clarifies that the term...
By Devaditya Chakravarti and Varun Chablani
The recently enacted Companies Act, 2013 (“Act”), has not only ushered in a new legislative framework but has also put in a place a new paradigm of corporate governance with detailed provisions as to appointment of independent directors. In the past few months, this model has been further bolstered by the clarifications issued by the Securities and ...
Experts from Lakshmikumaran & Sridharan will discuss major changes in the seminars to be held in Bangalore and Gurgaon on 29 June, 2015 and 10 July, 2015 respectively.
The seminar on “Companies Act – Issues and recent amendments” will be organized by Institute of Business Laws in Bangalore at World Trade Center, Bang...
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