Company Law - Corporate Law Reporter

Corporate rights against personal rights of members

Corporate Rights Against Personal Rights Of Members Sec. 41 of the Companies Act, 1956 (Act) defines members as any person who is (1) the subscribers of the memorandum of a company or every other person who agrees in writing to become a member of a company and whose name is entered in its register of… Read More

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

General Information Document for Investing in Public Issues

CIRCULAR CIR/CFD/DIL/12/2013 … Read More

Listing of specified securities of small and medium enterprises on the Institutional Trading Platform in a SME Exchange without making an initial public offer

CIRCULAR CIR/MRD/DSA/33 /2013 … Read More

Centralized Database for Corporate Bonds/Debentures

"High Level Expert Committee on Corporate Bonds and Securitization" ("Dr. R.H. Patil Committee") had recommended creation of "Centralized Database of information regarding Bonds". While the information in respect of various bonds/debentures issued by issuers is available in a fragmented manner, it is felt that there is a need for having a comprehensive database on corporate bonds… Read More

Ministry of Corporate Affairs releases third tranche of Draft Rules under Companies Act 2013

The Government in its implementation of the new Companies Act 2013 has moved ahead and issued the 3rd Tranche of Draft Rules under Companies Act 2013 which covers the proposal to set up a National Financial Reporting Authority (NFRA). The Draft Rules for following 3 chapters under the Companies Act 2013 has been made live for… Read More

SEBI releases new formats for SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

CIRCULAR CIR/CFD/POLICYCELL/11/2013 October 21, 2013 To All Recognised Stock Exchanges All Registered Merchant Bankers Dear Sir/Madam, Sub:… Read More

SEBI DRG Study No. 3: Impact of Increased Derivatives-Trading in India on the Price-Discovery Process

Securities and Exchange Board of India released the Development Research Group (DRG) Study titled, Impact of Increased Derivatives-Trading in India on the Price-Discovery Process. The study is co-authored by Prof. Banikanta Mishra, Dr. Sarat Malik, and Laltu Pore. About the Study The objective of the study on Impact of Increased Derivatives-Trading in India on the… Read More

CLB Order regarding Constitution of benches for the purpose of Exercising and discharging the Board’s power and functions

File No. 10/43/2005-CLB GOVERNMENT OF INDIA COMPANY LAW BOARD Paryavaran Bhawan, 3rd Floor, B-Block, C.G.O. Complex, Lodhi Road, New Delhi - 110 003 Dated: 25/09/2013 ORDER The Companies Act, 2013 received the assent of the President of India on 29.08.2013 and was notified in the Gazette of India on 30.08.2013. Towards its implementation, 98… Read More

Amendments in Company Law Board Regulations,1991 in relation to Companies Act 2013

File No. 10/36/2001-CLB GOVERNMENT OF INDIA COMPANY LAW BOARD Paryavaran Bhawan, 3rd Floor, B-Block, C.G.O. Complex, Lodhi Road New Delhi - 110 003 Dated:25/09/2013 ORDER In exercise of the powers conferred by sub- section (4B) and sub-section (6) of Section 10(E) of the Companies Act, 1956 (1 of 1956) read with Regulation 4 of the Company… Read More

MCA extends suggestion submission deadline for Phase II Draft Rules under Companies Act 2013

The last date for submission of suggestions towards the Phase II of Draft Rules under the Companies Act 2013 has been extended by 4 Days. The Ministry of Corporate Affairs has extended the date of submission by 4 days. Earlier, the last date was fixed as 19th of October, this has now been extended to 23rd October… Read More

An Analysis of One Person Company under Companies Act 2013 – by Karandeep Makkar

I worship individuals for their highest possibilities as individuals and I loathe humanity for its failure to live up to these possibilities. • Ayn Rand 1. Introduction Individual entrepreneurs doing business as sole proprietors will now be able to avail the benefits of limited liability without a second person to form a company as the… Read More

SEBI (Listing Of Specified Securities On Institutional Trading Platform) Regulations, 2013

The SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI), with the intent of giving the small and mid-market segment (SME) in India a major boost, has initiated a new trading platform specifically for the SMEs. The following notification has been issued on the modalities of the process, rules involved. The new Regulations hereafter, will be called SEBI… Read More