The National Company Law Tribunal (NCLT) recently rejected a proposed merger between two companies, citing significant concerns over public interest. This decision underscores the NCLT’s critical role in balancing corporate ambitions with broader societal and economic implications, ensuring that business decisions do not undermine the interests of the public.
Author: jebaboktiarmondal@gmail.com
Director Liability in Financial Distress: Interactions Between the IBC, 2016, and the Companies Act, 2013
Director liability during financial distress- An interplay of the IBC, 2016 and the Companies Act, 2013. It is undisputed that in times of solvency, director’s responsibilities are mainly directed towards shareholders, under the guidance of the Companies Act.
The Rise of the Gig Economy in India
India’s gig economy has seen significant growth due to the proliferation of technology and increased internet penetration.
Navigating the Legal Landscape: Labor and Employment Law
In the intricate tapestry of legal frameworks that govern modern workplaces, labor and employment law stand as formidable pillars.
Sahara India Case in Light of New SEBI Circular: A Paradigm Shift in Market Regulation
The Sahara India case has long been a focal point in India’s financial landscape, marking a complex legal saga that traversed regulatory, judicial, and public spheres.
The contours of Data Law Regulation in India- An analysis of framework
India, recognizing the importance of safeguarding individual privacy, has taken significant steps to enact laws and regulations aimed at regulating the processing and handling of personal data.
Navigating the Evolving Landscape of RERA Laws: A Present Perspective
In recent years, Real Estate Regulatory Authorities (RERAs) have emerged as key players in shaping the real estate sector, ensuring transparency, accountability, and protecting the rights of homebuyers. Real Estate Regulatory Authorities were established to regulate and promote the real estate sector, with the primary objective of safeguarding the interests of homebuyers and promoting fair practices within the industry.
PROCEDURAL DEVIANCE OF DELEGATED LEGISLATION FROM PARENT ACT
Through primary legislation, Parliament allows others to enact laws and rules through delegated legislation. The law established through delegated legislation must be consistent with the Act’s objectives.
DIRECTORS LIABILITY AND CORPORATE GOVERNANCE
A careful reading or analysis of the provisions of different statutes governing tax evasion, money laundering, security fraud, etc. suggests that Indian statutes impose vicarious liability on officers who are in charge of and responsible to the company for the conduct of business and those who contributed to the contravention or the offense by giving consent, connivance and not acting diligently.
LAWS PROHIBITING CONVERSION FOR MARRIAGE
The Indian state Uttar Pradesh recently notified Uttar Pradesh Prohibition of Unlawful Conversion of Religion Ordinance, 2020 which attracted massive outrage as it was seen as an attempt to criminalize freedom of faith and conscience.