Blog – Page 2 – Factum Legal

Trading Plan

NEED FOR TRADING PLAN To reconcile the need to maintain the prohibition on trading in securities when in possession of Unpublished Price Sensitive Information (UPSI) with the need to provide a regime in which compliance-conscious insiders are able to put in place a compliant mechanism to trade in securities where they are insiders, the concept… Continue reading Trading Plan

VOLUNTARY LIQUIDATION

(Under the Insolvency and Bankruptcy Code, 2016) Insolvency and Bankruptcy Code, 2016, governed the provisions of voluntary liquidation. Section 59 of the Insolvency and Bankruptcy Code, 2016 (‘IBC’) which is relating to Voluntary Liquidation of Corporate person was notified by Ministry of Corporate Affairs on 30th March, 2017 and Insolvency and Bankruptcy Board of India… Continue reading VOLUNTARY LIQUIDATION

SEBI (INFOMAL GUIDANCE) SCHEME 2003

In the interest of better regulation of and orderly development of the securities market, SEBI has issued a scheme called “Securities and Exchange Board of India (Informal Guidance) Scheme 2003” under section 11(1) of SEBI Act, 1992, which came into effect from 24th June, 2003. This is a formal scheme with detailed procedure for providing Informal Guidance.… Continue reading SEBI (INFOMAL GUIDANCE) SCHEME 2003

Seat and Venue of Arbitration-Key Considerations

Alternative Dispute Resolution (ADR) mechanism provides scientifically developed techniques to Indian judiciary which helps in reducing the burden on the courts. ADR offers to resolve all type of matters including civil, commercial, industrial and family etc., where people are not being able to start any type of negotiation and reach the settlement. In this article we tried to… Continue reading Seat and Venue of Arbitration-Key Considerations

REDUCTION OF SHARE CAPITAL “IN ANY MANNER”

This Article focuses on the modes of reduction of capital under the head “In Any Manner” as prescribed under section 66 of the Companies Act, 2013 other than those specified under the section. The reduction of share capital means reduction of issued, subscribed and paid up share capital of the company. Previously, reduction of share… Continue reading REDUCTION OF SHARE CAPITAL “IN ANY MANNER”