We are penning this article to give the readers a brief outlook on the potential advantages in respect of the structuring of an investment via compulsorily convertible debentures in comparison to other pure equity instruments.
Tag: gurgaon
SEBI Cancels Karvy’s Registration- Laws and Impact
On May 31, 2023, the Securities and Exchange Board of India (SEBI) cancelled the Certificate of Registration of Karvy Stock Broking Limited (KSBL/ Company). This was a major blow to the Company, one of India’s leading stockbrokers, with over 2 million clients. This article analyses SEBI’s move, the Company’s acts and the laws surrounding the same. Further, it highlights the impact of this decision on investors.
Impact of Social Security Code, 2020 on Employees’ State Insurance Scheme
The Code on Social Security (the Code), passed with a view to repeal and consolidate existing labor laws and facilitate ease of doing business, has introduced several changes in the Employees’ State Insurance (ESI) Scheme. This article brings forth the features pertaining to the ESI Scheme under the said Code, which proves crucial for both the employee(s) as well as the employer(s). A snippet of these features are as follows:
EU Imposes Fine on Meta, Indian Businesses on Alert: Part 1
The European Union (EU) has issued a 1.2 billion euro fine on Meta Inc. for transferring the personal data of EU subjects to the United States (US). The present article series is divided into two parts. Part 1 of the series explains the European Data Protection Board’s (EDPB) decision in the light of the events that transpired and Part 2 of the series attempts to highlight the impact of this decision on Indian businesses operational in Europe.
Unified Securities Code
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.
MCA strikes off 37,000 companies on statutory non-compliance
MCA is striking off 37,000 companies on account of secretarial non-filings. This is in addition to the 67,000 plus companies..
Will: Sample Format
SAMPLE WILL I, _____________, aged ___ years, S/O ______________, resident of House No. ______, Sector ____ District________ State ________ do..
SIGNIFICANCE OF THE CAPPING OF LIABILITY CLAUSES IN CONTRACTS – Part 2
This is the second part of a three part series re-evaluating the significance of the liability cap clause in contracts..
Will Making: 9 Key Elements of a Will
A will is a testamentary instrument which helps a person establish in prior as to how his or her assets..
Legal Notice for Cheque Bounce: Sample Format
To, Mr./Ms.______ _______________ Dear Sir, Under instructions and authority from our client Shri……….. R/o…. S/o. Shri. We like to serve..