This article aims to explore the concept of drag-along and tag-along rights in India, examining their advantages, disadvantages, and legal implications. By shedding light on these rights, businesses and legal practitioners can better navigate the complexities of shareholder agreements and ensure alignment with Indian laws.
In an increasingly data-driven world, businesses in India are faced with the responsibility of managing and protecting vast amounts of..
In what can be termed an opportune moment for the capital market investors, the Finance Minister Nirmala Sitharaman recently proposed the merging of four laws that govern capital markets as well as Securities. These Acts include the Securities and Exchange Board of India Act, 1992 (“SEBI Act”), the Depositories Act, 1996 (“Depositories Act”), the Securities Contracts (Regulation) Act, 1956 (“SCRA”) and the Government Securities Act, 2007 (“GSA”). These laws have been aimed to be consolidated into a unified securities market Code.
With Paytm IPO around the corner, we try to answer as to how Paytm’s operations in India classified and regulated..
We do a deep dive into the manner of treatment of unvested Employee Stock Options in addition to vested and..
The Ministry of Labour & Employment has issued a clarificatory Circular citing the recent judgment titled, ESIC vs. Texmo Industries..
MCA is striking off 37,000 companies on account of secretarial non-filings. This is in addition to the 67,000 plus companies..
This is the third and the last part of the three-part series re-evaluating the significance of the liability cap clause in contractual agreements in the aftermath of the pandemic. This Part deals with the enforceability of liability cap clauses in contracts and aims to elucidate how it is dependent on the merits of each case. Thereby, it restricts a contracting party from absolutely taking a defence based on the existence of the said clause and disclaim his/her partial or complete liability towards an agreed transaction in the contract.
SAMPLE WILL I, _____________, aged ___ years, S/O ______________, resident of House No. ______, Sector ____ District________ State ________ do..
This is the second part of a three part series re-evaluating the significance of the liability cap clause in contracts..