1. INTRODUCTION: Pursuant to provisions of Companies Act, 2013 (“Act”), a private company by its articles restricts the right to transfer its shares and limits the number of its members...
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1.INTRODUCTION: Every company needs additional capital for its business from time to time. The company can meet such requirement of capital, to an extent, by the issue of share, and...
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Startup India was launched in January, 2016 as a clarion call to the innovators, entrepreneurs and thinkers of the nation to lead from front in driving India sustainable economic growth...
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In January, 2020, Tata Sons and Ratan Tata moved to Supreme Court and challenged the decision given by the NCLAT before the Supreme Court. The Supreme Court on March 26, 2021,...
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I. Introduction: Every economic shock leaves behind a legacy, and the Covid outbreak is not an exception to it. The Covid outbreak has provided the entire world with an opportunity...
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In this article, we have tried to break down things to consider and common mistakes which startups generally tend to make and should avoid: Making a Deal with the Co-Founder...
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Flipping of Structures – Legal Framework As Companies grow and have global footprints, we have seen founders wanting to flip the structures and have parent companies in countries like the...
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Slump Sale: Section 2 (42C) of the Income Tax Act, 1961 (“IT Act”) defines slump sale as the transfer of one or more undertakings as a result of the sale...
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CLOSURE OF COMPANIES Winding up of companies was under the purview of the erstwhile Companies Act, 1956 and later Companies Act, 2013, until the enactment of Insolvency & Bankruptcy Code,...
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A. BACKGROUND: Historically spate of cases has involved marquee PE names — from General Atlantic to TPG to Premji Invest. In this article, I have tried to summarize my observations based...
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