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Cs Ashutosh Shukla

Latest Posts by Cs Ashutosh Shukla

Ethics: The Founding Pillar of Corporate Governance

September 12, 2023 1086 Views 0 comment Print

Explore vital role of ethics in corporate governance, its impact on stakeholders, and legal framework in India that emphasizes ethical conduct.

Sale of the Shares by the Promoters of a Company: SEBI Disclosures

August 2, 2023 16263 Views 0 comment Print

Unlock the complexities of SEBI disclosures for promoters selling company shares. Dive into the regulations, including SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018, governing promoters’ share transactions. Discover key aspects, such as continual disclosures under Regulation 7(2)(a), company notifications under Regulation 7(2)(b), and substantial acquisition disclosures under Regulation 29.

Regulations & Disclosures for Gifting Shares by Promoters of Listed Companies

July 13, 2023 5208 Views 0 comment Print

Uncover the legal complexities and SEBI regulations involved in the process of gifting shares by promoters of listed companies. From detailed analysis to the obligatory disclosures, get informed about it all.

Priority of Provisions: SARFAESI Act Prevails Over MSMED Act in Recovery Proceedings

July 12, 2023 1161 Views 0 comment Print

Both the Micro, Small, and Medium Enterprises Development Act 2006 (MSMED Act) and the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (SARFAESI Act) contain non-obstante clauses and often cause confusion with respect to their applicability.

How to Reclassify the Authorised Share Capital of a Company

June 28, 2023 12189 Views 0 comment Print

The need to reclassify the authorised share capital of a company in one or more classes may arise for various reasons. For example, if the company was incorporated with only one type or class of share capital, i.e., equity shares, it would be required to create a class of preference shares if it wishes to issue preference shares.

SEBI (ICDR) Regulations 2023: A Critical Analysis

June 8, 2023 11502 Views 2 comments Print

Dive into a comprehensive critical analysis of the SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations 2023. Explore the major changes made to underwriting provisions in IPOs, the regulatory compliance implications, and the impact on issuers and intermediaries. Gain insights into the revised regulations and their potential effects on the Indian capital markets.

Issues Surrounding Form No. INC-20A and it’s Relevance in Strike-Off Action Under Section 248

June 7, 2023 738 Views 2 comments Print

Sections 10A & 248 of the Companies Act 2013 and Rule 23A of Companies (Incorporation) Rules 2014 in the context of business commencement.

How to deal with INC-24 rejection where rejection remark refers to Section 15 of Companies Act 2013

May 14, 2023 9495 Views 0 comment Print

Decode Section 15 of the Companies Act 2013 and tackle INC-24 rejection. Understand the term ‘noted’ and take necessary steps for compliance. Expert insights on dealing with rejection remarks.

Limited Liability Partnership (LLP) Disputes: Exploring Various Options to Resolve the Dispute Between Partners

May 13, 2023 4158 Views 0 comment Print

Navigate Limited Liability Partnership (LLP) disputes effectively! Explore resolution options, LLP Agreement significance, removal possibilities, and entitlements. Get insights into capital contribution, interest, rent, and choose between arbitration and commercial litigation for dispute resolution.

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