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.
Category: Corporate Litigation-All In Way
HOW TO CLAIM SHARES FROM (IEPF) AUTHORITY
When a dividend is declared by a company but has not been paid or claimed within 30 days, the company shall transfer the amount to an Unpaid Dividend Account. If the money transferred to the Unpaid Dividend Account remains unpaid or unclaimed for a period of 7 years from the date of transfer, the amount shall be transferred to the Investor Education & Protection Fund.
Interim Finance during CIRP under Insolvency & Bankruptcy Code, 2016 (“IBC”)
Interim Finance is defined under Section 5 (15) of the IBC, 2016 which means
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.
Is Live-in Relationship Legal in India?
In recent times, societal norms have evolved, and various forms of relationships have emerged beyond the traditional concept of marriage. One such arrangement is a live-in relationship, where two individuals choose to live together without getting married.
How to Send a Legal Notice to Tenant to Vacate Premises in India
As a landlord, if you find yourself in a situation where you need your tenant to vacate the premises, sending a legal notice can be the appropriate first step.
Introduction to One Person Company
A One Person Company (for short “OPC”) is a company incorporated by a single individual. Before the Companies Act 2013, one person alone could not get a company incorporated and had to go for a Sole Proprietorship.
Same Sex Marriages in India: A complete overview
India, like many countries worldwide, has experienced notable advancements in recognizing Lesbian, Gay, Bisexual, Transgender, Queer, and Questioning i.e. LGBTQ+ rights in recent times. A contentious topic under consideration is the legalization of same-sex marriages.
EMPLOYEE STOCK OPTION PLAN
Sec 2(37) of the Companies Act, 2013 defines “employees stock option” read with Sec 62(1)(b) of the Companies Act, 2013 and Rule 12 of the Companies (Share Capital and Debentures) Rules, 2014.
STAGES OF ARBITRATION IN INDIA
Arbitration is a dispute resolution process outside the traditional court system, gaining prominence in India due to its efficiency and flexibility. The Act governing the arbitration proceedings in India namely “The Arbitration and Conciliation Act, 1996”.
Arbitrator Selection/Removal in 1996 Act
The arbitrator is a neutral third party who is appointed to resolve a dispute between two or more parties outside the court system. They play a crucial role in arbitration proceedings, which is an alternative dispute resolution method used to settle conflicts.
SC’s Power to Review Its Own Judgments – Art.142
The Supreme Court of India is the highest court in the country and has the power to review its own judgments. This power is derived from Article 142 of the Constitution, which states that the Court may pass such decree or make such order as is necessary for doing complete justice in any cause or matter pending before it.
Handling Phone Call Harassment?
Unwanted telephone calls can be a nuisance, but they can also be a form of harassment. If you are receiving unwanted calls that are making you feel uncomfortable or threatened, there are steps you can take to get help.
Pending suit referred to arbitration
A pending suit can be sent for arbitration under Section 8 of the Arbitration and Conciliation Act, 1996. This section states that a party to a case may, at any time after the commencement of the suit, apply to the court for an order referring the dispute to arbitration.
EMPLOYEE STOCK OPTION PLAN
Sec 2(37) of the Companies Act, 2013 defines “employees stock option” read with Sec 62(1)(b) of the Companies Act, 2013 and Rule 12 of the Companies (Share Capital and Debentures) Rules, 2014.