Exploring the Due Diligence Process – for independent directors in India
In India, independent directors and their roles evolved as a response to several corporate scandals and frauds in the country in the early 2000s. The introduction of independent directors was aimed to improve corporate governance and increase transparency in the management of companies. One of India’s most significant corporate scandals was the Satyam Computer Services […]
Incorporating a Wholly Owned Subsidiary
The Companies Act 2013 regulates the incorporation and operation of companies in India, including wholly-owned subsidiaries. Here are the general steps to establish a wholly-owned subsidiary in India under the Companies Act 2013: Obtain Digital Signature Certificate (DSC) and Director Identification Number (DIN): The first step is to obtain DSC for all the proposed directors […]
“Creative India-Innovative India”
The Indian IP office has digitalized the registration and prosecution processes and certain High Courts have set up a specialized Intellectual Property Division to ensure that the intellectual property of various innovators/ creators are protected in an effective manner and the market remains competitive.
UNDERSTANDING DUE DILIGENCE IN REAL ESTATE IN INDIA
Due diligence is a comprehensive and systematic investigation or audit of a person, company, or asset before entering into a business transaction or investment. Due diligence is an important step in mitigating risks and making informed decisions before entering into a business deal or investment.
Sister Ships, Associate Ships and their Arrest for Maritime Claims
Admiralty law in India is largely derived from English Admiralty law and based on case-law expounded by the High Courts of Bombay, Madras and Calcutta and the Supreme Court.
Decision of Supreme Court of India on Privatization of Delhi & Mumbai Airports
This decision of Supreme Court of India deals with an important aspect of privatization of airports and revenue sharing formula as prescribed by the Airports Economic Regulatory Authority of India (AERA).
Growing Business in India: Taking things beyond Liaison office
A Wholly Owned Subsidiary is recognized as a separate legal entity, thereby shielding the Parent company based in abroad from any harm or liabilities.
Perils of International Trade – Use of Bill of Lading for Sale of Goods
A significant portion of India’s trade depends on shipping transportation. Therefore, it is very important to take note of and understand the various elements involved in shipping transactions.
Funding Foreign Subsidiaries In India through External Commercial Borrowings
ECB are commercial loans that an eligible entity in India can raise from foreign investors. In light of the recent relaxation issued by Reserve Bank of India (“RBI”), ECB has positioned itself as an attractive option for Indian entities seeking funding from foreign investors.
Legal Reforms to implement and expedite S. 138 of NIA cases
Supreme Court has recently come out with guidelines on how to expedite S. 138 Of NIA cases. Welcoming the step, the authors Krrishan Singhania and Chirag Chachad give suggestions on how the law stands today and what jurisprudence has to be applied so that cases get disposed of faster.
