Learn about the applicability of side letters in investment transactions in India and internationally. Explore judicial pronouncements and considerations.
Explore the liability of auditors under the Companies Act, 2013. This analysis examines recent court rulings and the impact of Section 140(5) on auditors’ resignation and fraudulent acts.
Explore the crucial role of expert evidence in International Commercial Arbitration. Learn about the requirements for presenting expert evidence, the duties of expert witnesses, and the considerations in appointing experts. Delve into judicial precedents that shape the use of expert evidence and the balance between party-appointed and tribunal-appointed experts. Understand the significance of expert guidance in resolving disputes, especially in industries like construction and infrastructure.
Due Diligence is the investigation process for relevant facts and financial information undertaken by professionals of different fields to ensure that the organization is running smoothly and efficiently without any default.
As per Section 42 of the Companies Act, 2013 A Company may make private placement of securities only to select group of persons who have been identified by board (herein referred as (Identified Persons). Explanation 1 of Section 42 states that ‘Private Placement’ means any offer or invitation to subscribe or issue of securities to a select group of persons by a company (other than by way of public offer) private placement offer-cum application, which satisfies the condition specified in this section.