Stamp duty implications arising out of an issuance and transfer of debentures of an unlisted company
[2010] 98 CLA (Mag.) 5 Sidharrth Shankar ¢ Vatsal Gaur As part of any transaction involving issuance of debentures by a company, or transfer of debentures of a company, a crucial question which often arises is as to determination of the stamp duty payable on such issuance or transfer of debentures. The answer to this… Read More
Directors™ vicarious liability for dishonor of company cheque Landmark judgment of Supreme Court
[2010] 98 CLA (Mag.) 1 By Dr. K R Chandratre In this article Dr. K R Chandratre, Practising Company Secretary ; Past President, Institute of Company Secretaries of India, discusses standard penal provision which fastens vicarious liability on the directors of the company for offences committed by the company in the light of the landmark… Read More
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