“Insolvency Dilemmas: NCLAT’s Verdict on Section 185 Compliance in CIRP Claims” NCLAT Delhi, in the matter of AVJ Heights Apartment Owners Association Vs. India Infoline Finance Ltd have dealt with the question where financial contract which was not in compliance of certain provisions of the Companies Act, 2013 can be admitted as a claim under
The MMJC insights dated 31 May 2024 cover the following: The Crucial Role of a Company Secretary in CSR Audits: Navigating Corporate Social Responsibility with Precision. Disclosures from Value Chain Partners – Navigating the challenges and embracing the rewards Can the company go into liquidation if the corporate guarantee by the company is not invoked?
Securities and Exchange Board of India(SEBI) vide its amendment notification dt: June 15, 2023 notified Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), (Second Amendment) Regulations, 2023. Vide this amendment SEBI provides that listed companies will now have to disclose particulars of senior management including the changes therein since the close of
SEBI has vided its gazette notification dt: May 18, 2024, amended Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015. These amendments were approved in SEBI board meeting held on March 15, 2024. Below are brief of the amendments: Amendments effective from May 18, 2024 Rumour verification Reg. 30(11): Rumour verification
Securities and Exchange Board of India vide its notification dt: May 17, 2024 notified amendment to SEBI (PIT) Regulations, 2024. This amendment is effective from May 17, 2024. Below is the comparison of old vs new provision: Old provision New provision (e) “generally available information” means information that is accessible to the public on a
This issue of MMJC Insights covers the following: Managing CSR Obligations: A Legal Perspective on Ongoing Projects Empowering Education: A Holistic Approach by Corporates Navigating the ESG Landscape: Trends and Insights for the Next Decade FDI reforms in Space Sector Materiality Dynamics: Policies Across Top Nifty Companies Explored Beyond Dates: Understanding Event-Based Compliance for 2024-25
The April issue of CTC covers the following: In the matter of Rajiv Sharma (Petitioner) Versus Registrar of Companies (ROC), Mumbai (Respondent), Bombay High Court order dated 9 February 2024. Final Order in the matter of Vedanta Ltd regarding non-payment of dividend to Cairn UK Holdings Limited In the matter of M/s EPC Constructions India
The MMJC insights dated 30 April, 2024 covers the following: The Power of Writs: Protecting Rights under the Indian Constitution and Companies Act 2013 Restriction on transferability of shares – How far reasonable? Deciphering Stamp Duty: Analyzing the Supreme Court’s Verdict on Share Capital Augmentation The case within the CIRP that illustrates the contrast between
Introduction: The constitutional validity of Electoral Bond scheme and the amendments made by Finance Act, 2017 to relevant laws were challenged before the Hon’able Supreme Court of India. After hearing all the concerned parties including the Government of India and the State Bank of India who was authorized to issue electoral bonds, the Hon’able Supreme
This issue of MMJC insights covers the following: BSE and NSE mandates updation of corporate groups by listed companies. Whether ex-promoter/directors are eligible to submit a Resolution Plan under Section 29A of the IBC if no disqualification is attached? In the matter of Vishram Narayan Panchpor – Resolution Professional of Blue Frog Media Private Limited/Appellant