Search Results for "Corporate Governance"

166 result(s) found

Scroll Down To Discover

Found 166 result(s)

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Shareholder Suit Challenging Director Appointments for Lack of Jurisdiction. Dispute Over Rights Under Articles of Association Falls Within Exclusive Jurisdiction of Company Law Board Under Companies Act, 1956.

The suit was filed by shareholders of a banking company, Yes Bank, challenging resolutions relating to the appointment of directors and seeking declar...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Scheme of Amalgamation Without Physical Meeting in Exceptional Circumstances. Section 110 of Companies Act, 2013 Does Not Eliminate Requirement of Meeting Under Section 391 of Companies Act, 1956 for Scheme Approval.

The judgment addresses a Company Summons for Direction filed by Godrej Industries Limited (GIL) seeking approval of a Scheme of Amalgamation with Wada...

© Image Copyrights Juris Services & Technology

Supreme Court Upholds BCCI's Amenability to Writ Jurisdiction and Applies Public Law Principles to Direct Structural Reforms. Lodha Committee Recommendations for Amending BCCI's Memorandum of Association and Rules to Prevent Conflict of Interest and Ensure Transparency Considered.

The Supreme Court of India, in a sequel to its earlier order dated 22 January 2015 in BCCI v. Cricket Association of Bihar, considered the report and ...

© Image Copyrights Juris Services & Technology

Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

© Image Copyrights Juris Services & Technology

Bombay High Court Quashes Criminal Proceedings Against Directors for Alleged Failure to Furnish Information in Auditor's Report Under Section 217(5) of Companies Act, 1956 — Inordinate Delay of 5-7 Years in Issuing Show Cause Notice Held Unreasonable and an Abuse of Process.

The petitioners, who were directors of M/s Timblo Private Limited, filed a criminal writ petition under Article 226 of the Constitution read with Sect...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Resolution Professional to Continue CIRP Under IBC Despite Pending Winding-Up Petition Under Companies Act, 1956. Leave under Section 446 of Companies Act, 1956 granted to proceed with Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code, 2016.

The judgment concerns Company Application No. 10 of 2017 filed by the Resolution Professional of Murli Industries Limited (the corporate debtor) under...

© Image Copyrights Juris Services & Technology

Bombay High Court Quashes Order of Special CBI Court Refusing Discharge of Corporate Debtor Under Section 32A of IBC. Section 32A(1)(a) of Insolvency and Bankruptcy Code, 2016 Grants Immunity to Corporate Debtor for Pre-CIRP Offences Upon Approval of Resolution Plan, Irrespective of Pending Appeals.

The case arose from two writ petitions filed under Article 227 of the Constitution of India read with Section 482 of the Code of Criminal Procedure, 1...