MMJC Insights 10 Sept, 2023 - MMJC

The MMJC insights dated 10 Sept, 2023 cover the following:

• Compliance Calendar for the month of September
• The regulatory updates issued in the month of August
• Articles:
  • Section 179(3) vs Section 186(5) of the Companies Act, 2013 – Whether the board can delegate power to the committee for sanctioning investment in body corporate?
  • LLP Amnesty scheme 2023 becomes effective!!!
  • Indirect Acquisition of Listed Entity – Whether automatic exemption under Regulation 10 of SAST Regulations can be availed or open offer required?
  • Review of framework for borrowings by Large Corporates – Remove Disparity but Share the Responsibility
  • Does Confidentiality help in absence of Intellectual Property Clause in an Agreement?
  • Acting on unstamped or insufficiently stamped Agreements – Beware of the law
  • ESG: From Challenges to Opportunities – A journey or roadmap towards ESG transformation!
  • Can a Resolution Plan propose to eliminate the security interest of a Financial Creditor that was secured through a personal guarantee from the Directors of the Corporate Debtor? In the matter of SVA Family Welfare Trust and others –Appellant v/s Ujaas Energy Limited and Others – Respondent at National Company Law Appellate Tribunal (NCLAT) in the order dated 21 August, 2023.

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Happy Reading!