Procedure under the Companies Act, 2013 and IEPF Rules, 2016 Introduction Equity shares for which dividends have remained unpaid or unclaimed for 7 consecutive years or more are subject to transfer, to the demat account, of the Investor Education and Protection Fund (IEPF) Authority. This ensures that unclaimed financial assets are safeguarded and can be […]
Director removal requires complete adherence to Section 169 procedures. Any procedural lapse can render the removal invalid and expose the company to litigation.
Legal Analysis and Narrative Brief: Dale and Carrington Investment Pvt. Ltd. and Another v. P.K. Prathapan and Others (Supreme Court of India) on 13th September, 2004 1. Part I: The Narrative Accounts In the sophisticated theater of corporate litigation, the technicalities of share allotments and board resolutions often serve as a veil for deeply personal […]
The case highlights that lenders can prefer faster, more reliable payouts over higher bids. It confirms that feasibility and execution certainty outweigh headline value under IBC.
The IBC gives financial creditors exclusive voting power in resolution plans, while operational creditors remain bound by decisions they cannot influence. Courts have upheld this structure as long as liquidation value protection under Section 30(2)(b) is maintained.
