"A young enthusiastic lawyer and being an qualified Company secretary and CIA+, having experience in managing legal aspects of organization mergers, joint ventures, funds, and acquisitions. Extensive knowledge of corporate and contract law, M&A transactions. Proficient with corporate banking, partnership and regulatory. Ability to make quick legal decisions for business matters and implement employee benefits and incentives programs. Provided advice on company shareholder, legal and compliance issues, handled company mergers, acquisitions, and disposals, reviewed business transaction documents, non-disclosure agreements and outsourcing agreements. Managed company tax, finance and group treasury. Participated in pre-sale planning and preparation activities. Recommended improvements to operating policy and procedures. Associated with numerous high-stake matters before various Fora, judicial and non – judicial, Govt. and Non-Govt. Organization. "
Hon’ble NCLT vide its order dated 12th May 2020, attempted to step into the shoes of Regulatory vide restricting the scope of section 7(3)(a), also, unwittingly try to give retrospective effect by covering those applications which are already filed and pending for admission. Hope the Hon’ble NCLT shall come out with a clarification, amendment in their order.
The gift is no exception to specific prohibition provided under section 10 of the Act, Condition restraining alienation the transferee or any person claiming under him from parting with or disposing of his interest in the property, the condition or limitation is void,
Section 5 (20) of IBC, ‘an operational creditor’ means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred or transferred.
The Government of India revised the Foreign Investment Policy foreseeing the threat of opportunistic takeovers due to the COVID-19. Knight Shield against Opportunist Takeover, ‘a non-resident entity can invest in India, subject to the FDI Policy except in those sectors/activities which are prohibited.
In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 230 of the Companies Act, 2013 (18 of 2013), the Central Government hereby made the following rules, to amend the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, namely, ‘the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2020‘ effective […]
According to Section 138, where any cheque drawn by a person on an account maintained by him is returned by the Bank unpaid for reasons mentioned u/s-138, such person shall be deemed to have committed an offence.
