Articles for Minority Shareholders

NCLAT sends Aakash-Byju’s dispute back to NCLT amid minority shareholder tensions
2 weeks, 3 days ago

NCLAT sends Aakash-Byju’s dispute back to NCLT amid minority shareholder tensions

Live Mint  

The National Company Law Appellate Tribunal on Friday declined to stay an order from the National Company Law Tribunal barring Aakash Educational Services, a subsidiary of the embattled edtech giant Byju’s, from amending its Articles of Association. The appellate tribunal’s decision follows a 29 November directive from the Supreme Court, which instructed Aakash to approach the NCLAT for resolution while …

Shareholders Minority Nclt Minority Shareholders Nclat Stake Blackstone
NCLAT issues notice to ICICI Securities in delisting case
2 months, 3 weeks ago

NCLAT issues notice to ICICI Securities in delisting case

Live Mint  

Mumbai: The National Company Law Appellate Tribunal on Tuesday issued a notice to ICICI Securities following an appeal by the minority shareholders against the tribunal's order approving the financial broking firm's delisting. {{^adFree}} {{/adFree}} A bench, led by justices Yogesh Khanna and Ajai Das Mehrotra, were hearing petitions filed by Manu Rishi Gupta and Quantum Mutual Fund, the two minority …

Bank Minority Securities Nclt Adfree Icici Minority Shareholders
Unraveling Oppression And Mismanagement Under The Companies Act, 2013
7 months, 2 weeks ago

Unraveling Oppression And Mismanagement Under The Companies Act, 2013

Live Law  

The Companies Act, 2013 is a keystone legislation which has been enacted with an aim of strengthening the corporate governance and to protect the interest of the stakeholders of a corporate entity. CA, 2013 offers protection and redressal to minority shareholders and members of the company from the oppressive actions and mismanagement by the majority members. As per Section 241 …

India Court Shareholders Companies Minority Case Company
Small Shareholders Director Under The Companies Act, 2013
1 year, 8 months ago

Small Shareholders Director Under The Companies Act, 2013

Live Law  

The concept of small shareholder director was introduced to safeguard the interests of small shareholders in a company. However, the Companies Act, of 2000 has bought the importance of small shareholders in the company and introduced the concept of 'Small Shareholder Director'. The provisions of small shareholder director are dealt in section 151 of the Companies Act, 2013 and the …

Companies Act Company Minority Shareholders Directors Appointment Provisions Section 151
Protection Of Minority Shareholders And Related Party Transactions
1 year, 10 months ago

Protection Of Minority Shareholders And Related Party Transactions

Live Law  

The Company is an artificial entity incorporated under the Companies Act, 2013, and conducts its affairs through its board of directors who owe a duty to take care towards all the stakeholders of the company and to conduct the affairs of the company in a neutral and unbiased manner. Provisions Relating To Related Party Transactions Mainly there are three main …

India Board Protection Shareholders Party Companies Minority
Explained | When does RBI step in to monitor a bank?
2 years, 2 months ago

Explained | When does RBI step in to monitor a bank?

The Hindu  

The story so far: The Reserve Bank of India has placed Dhanlaxmi Bank under tight monitoring with the Thrissur-based private bank’s financial position coming under greater public scrutiny. The riskier a type of asset held in a bank’s balance sheet, the higher the weightage given to the value of the asset while calculating the bank’s capital adequacy ratio. This delay …

Financial Shareholders Bank Capital Case Capital Adequacy Rbi
Digitalization Of The Corporate World
3 years, 7 months ago

Digitalization Of The Corporate World

Live Law  

The COVID-19 pandemic has severely altered the manner in which companies conduct their business. Rule 3 of The Companies Rules, 2014 stipulates various important points which is to be ensured for a meeting conducting through Video Conferencing or other audio visual means. RELAXATION IN CONDUCTING EXTRA – ORDINARY GENERAL MEETING The Companies Act, 2013 does not permit the conduct of …

India Corporate Board Video Conferencing Corporate Affairs Decision Making Companies
Tata-Mistry dispute: Complete chronology of events
3 years, 8 months ago

Tata-Mistry dispute: Complete chronology of events

India Today  

Following is the chronology of developments in the Tata-Mistry case in which the Supreme Court on Friday set aside the NCLAT order restoring Cyrus Mistry as executive chairman of Tata Group: October 24, 2016: Cyrus Mistry ousted as Tata Sons chairman, Ratan Tata named as an interim Chairman of the group. December 20: Two Mistry family backed investment firms, Cyrus …

Mumbai Supreme Court Investment Order Nclt Tata Sons Tata Group