Introduction The National Company Law Tribunal (NCLT) was conceived as a transformative institution. Replacing the Company Law Board (CLB), the Board for Industrial and Financial Reconstruction (BIFR), and the appellate
Introduction The tension between founder control and public shareholder rights has become one of the defining governance debates of the technology era. When Google went public in 2004 with a
Introduction Among the many structural challenges that have confronted India’s startup ecosystem, few have proved as persistently damaging and as difficult to resolve as the angel tax controversy. Section 56(2)(viib)
Introduction The principle that a company is a legal person distinct from its members is among the most venerable and consequential doctrines in corporate law. Since the House of Lords’
Introduction The introduction of the One Person Company (OPC) as a distinct corporate form under the Companies Act, 2013 was heralded as a transformative moment for India’s entrepreneurial landscape. For
Introduction The category of information that confers an unfair trading advantage has always been broader than the category of information that the law regulates as insider information. Classical insider trading
Introduction The question of director liability in the context of Indian corporate groups is one where legal doctrine, regulatory expectation, and commercial reality have diverged most visibly. India’s largest enterprises
Introduction The independent director is the cornerstone of modern corporate governance architecture. The premise is straightforward: a board that includes directors with no financial, professional, or personal relationship to the
Introduction The emergence of mandatory environmental, social, and governance disclosure as a legal requirement for Indian listed companies represents one of the most significant expansions of corporate reporting obligations since
Introduction Related party transactions occupy a uniquely contested space in corporate governance theory. On one hand, transactions between a company and its promoters, subsidiaries, or affiliates may be commercially necessary