Law | Corporate Law Reporter

REVERSE PIERCING OF CORPORATE VEIL: AN UNEMPLOYED PHENOMENON IN INDIA

Abstract The foundation of corporate governance rests on the principle that a company is a separate legal entity, distinct from its members and its shareholders offering them financial protection. Gradually, Courts realized that this ensured limited liability of individuals is often abused to achieve their selfish goals. The necessary ascent of an equitable doctrine of… Read More

Tags: Companies Act, India, Law, United States

Cable Television and Copyright Owners

Abstract: ‘TV is galloping in; the country has sixty million homes with TV, of which twenty eight million are cabled, bringing to city and hamlet alike a choice of around a hundred channels. ‘There are now more TV channels available in Mumbai than in most US cities,’ Bill Clinton noted on a trip to the… Read More

Tags: Broadcasting Rights, copyright, IPR, Law

Cabinet Approves Amendment to Rights of Persons with Disabilities Bill 2014

The Cabinet on 6 February, 2014 approved the proposal of the Department of Disability Affairs to incorporate amendments in the proposed Rights of the Persons with Disabilities Bill, 2014, which are:- Definition of person with disability in terms of interaction with barriers also; High support needs person enabled to take independent and inform decision also;… Read More

Tags: Convention on the Rights of Persons with Disabilities, Disability discrimination act, Disability studies, Disabled, Government, Handicapped, Law, Ministry of Social Justice and Empowerment (India)

Conference : Corporate Landscape – Recent Developments and Perspective

Achromic Point Presents Corporate Landscape - Recent Developments and Perspective - Mumbai 21st February 2014 Dear Industry Colleague, Greetings from Achromic Point We would like to take this opportunity to inform and invite you to our upcoming seminar "Corporate Landscape - Recent Developments and Perspectivewith our knowledge partner MPC Legal in Mumbai on 21st February 2014. The seminar aims… Read More

Tags: chartered accountant, Corporate law, Corporation, Income tax, India, Law, Mumbai, United States

Corporate Criminal Liability – An Indian Perspective

A. INTRODUCTION CONCEPT & RATIONALE OF CRIMINAL LIABILITY OF CORPORATION Corporate bodies are more corrupt and profligate than individuals, because they have more power to do mischief, and are less amenable to disgrace or punishment. They neither feel shame, remorse, gratitude nor goodwill Hazlitt. [1] The evolution of the concept of criminal liability of corporations is… Read More

Tags: Corporation, criminal law, India, Law, Legal liability, Legal personality, Supreme Court of India, United States

The Anatomy of Section 29 : A Legal Autopsy

"The Anatomy of Section 29 : A Legal Autopsy " by R. Sridhar Head - India, Labour Relations, Caterpillar India Private Limited Section 19 (2) of the Industrial Disputes Act (hereinafter referred to as the Act) deals with the period of operation of settlement which reads as follows: Such settlement shall be binding for such… Read More

Tags: Arbitration award, India, Industrial Disputes Act 1947, Labour law, Law, Life Insurance Corporation of India, settlement, Supreme Court

The Relevance of an Apostille

The Hague Convention Abolishing the Requirement for Legalisation for Foreign Public Documents, or the Apostille convention is an international treaty drafted by the Hague Conference on Private International Law(HCCH). It specifies the modalities through which a document issued in one of the signatory countries can be certified for legal purposes in all the other signatory… Read More

Tags: Apostille, Apostille Certificate, Apostille Convention, Document, Hague Conference on Private International Law, Hague Convention, Law, Notary public

Doctrine Of Notional Extension: A Comparative Analysis between India, U.S and U.K

There is a fundamental question which has influenced the history and present position of work claims: can the preferential treatment given to workers compared to other injury victims be justified? The industrial injuries scheme privileges workers by making available benefit which cannot be claimed by those not injured in the course of employment. Position in… Read More

Tags: Death, India, Injury, Job Growth, Law, Legal Information, Traffic collision, United States, Workers' compensation, Workmen's Compensation Act, Workmen's Compensation Act 1897

Employment contract has nothing to do with the market of providing outsourced legal solutions

CLR Editorial Note: A case was filed with the Competition Commision of India by an ex-employee working with an organization providing Legal Outsourcing Services. According to the terms of the employment contract with the organization, a clause barred him from accepting employment with a competitor for a year after the resignation. This was challenged by the… Read More

Tags: Business, Employment contract, Human Resources, India, Law, Law practice optimization, Legal outsourcing, Services

The Securities Laws (Amendment) Bill 2013 – Complete Text as introduced in the Lok Sabha

The Securities Laws (Amendment) Bill 2013, which further amends the Securities and Exchange Board of India Act, 1992, the Securities Contracts (Regulation) Act, 1956 and the Depositories Act, 1996, has been introduced in the Lok Sabha. The Bill as introduced in the Lok Sabha has been attached here for reference. Securities Laws (Amendment) Bill 2013 Highlights of… Read More

Tags: Amendment, Bill, Bill 2013, Depositories Act, Exchange Board of India Act, Financial regulation, Gazette of India, Law, LokSabha, Member of Parliament, President of India, Rajya Sabha, Regulation, SEBI, Securities & Exchange Board of India, Securities and Exchange Board of India Act 1992, Securities Laws

The Patent (Amendment) Rules, 2013 come into force on 15th October 2013

The Indian Patent (Amendment) Rules, 2013 notified in the Official Gazette of India on the 23rd of April 2013 has come into effect on the 15th of October 2013. The Gazette has been attached here for reference. Download the Patent (Amendment) Rules 2013 Here Read More

Tags: India, Indian Patent Office, Intellectual property, Law, Patent, Patent Cooperation Treaty, Prior art, United States

Draft Forms Under Phase II of the Companies Act 2013 Made Live by MCA

The Ministry of Corporate Affairs has released the Draft Forms under Draft Rules in Second Phase of the Companies Act 2013 and made them live for Public comments. Forms for 9 chapters issued under the 2nd phase of the Companies Act 2013 have been put for public comments. Download the Draft forms from the download section below. Download from here: Draft Forms in respect of… Read More

Tags: Companies Act, Companies Act 1956, Companies Act 2013, Corporate Affairs Ministry, Corporate law, India, Law, MCA, Registrar of Companies

MCA Extends feedback submission deadline for Companies Act 2013 Draft Rules Ph 1

The Ministry of Corporate Affairs has extended the last date for submission of feedback/suggestion on 1st phase of draft rules by 2 days, i.e., evening of 10-Oct-13. The Community has been advised to hurry with their suggestions. The system will not accept any suggestions thereafter. The Draft Rules can be Downloaded from the adjacent Link:… Read More

Tags: chartered accountant, Companies Act, Corporate Affairs Ministry, FeedBurner, Government, India, Law, Limited liability partnership, National Football League Draft, Registrar of Companies