The arbitrability of disputes for which statutory remedy is provided for becomes a difficult question to answer. Arbitrability refer to whether a dispute could be subjected to arbitration or not.[1] Section 242 and 243 of the Companies Act, 1956 are analogous to sections 397, 398 and 402 of the Companies Act, 1956 which deals with […]
Keeping an Eye on the Board: Board Meetings and Board’s Powers Under Corporate Governance The aim of this piece is to trace the evolution of corporate governance provisions relating to Board meetings and Board’s powers. The corporate scams committed in Enron[1], Worldcom[2] and Sathyam[3] has culminated in the inception of “Corporate Governance” in India. The […]