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The concept of workman is central to the concept of an industrial dispute as an industrial dispute can be raised either by a “workman” or an “employer.” Since the Industrial Disputes Act, 1947 (“ID Act”) is a piece of beneficial legislation, the courts have enlarged...
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The Ministry of Corporate Affairs notified secretarial standard 2 (“SS-2”) on April 23, 2015 which came into effect from July 1, 2015. The objective of SS-2 is to ensure good corporate governance and better accountability towards shareholders in all general meetings (“GM”)
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The objective of Companies Act, 2013 (“Act”) to a large extent is to ensure good corporate governance by enhancing transparency and accountability. Section 118(10) of the Act imposes an obligation on companies to observe secretarial standards regarding general and board meetings as specified by the...
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An inevitable consequence of development and industrial progress is generation of waste. Therefore, efficient waste management is a matter of international concern and countries have set up robust regulatory waste management regimes for balancing the objectives of development and environment sustainability.
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Indian corporates are currently witnessing surge in M&A deals paving a path towards better growth and development. Amidst these corporate expansions, there is increased focus on conducting due diligence on target entities for identifying risks and assessing acquirer’s liabilities for the defaults under applicable laws...
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