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Section 241 and 242 of the Companies Act, 2013: Oppression & Mismanagement — Who Has Standing to File? (2026 NCLAT Update)
Introduction: The Statutory Remedy Against Majority Rule Corporate democracy functions on the fundamental principle of majority rule. However, when the majority abuses its power to
Private Complaints Against Corporate Fraud: The SFIO Mandate Under Companies Act 2013
Introduction Corporate fraud has emerged as one of the most challenging dimensions of white-collar crime in contemporary India, eroding investor confidence and undermining the inte
The Decriminalization of Offences under Companies Act, 2013: Compliance vs. Punishment
Introduction India’s corporate legal framework has witnessed a transformative shift in recent years, moving away from a punitive criminal enforcement approach toward a more b
Oppression and Mismanagement: Section 241 Companies Act 2013
Introduction: Understanding Member Rights in Corporate Governance The recent pronouncement by the National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has brought renewe
NCLT Investigative Powers in Insolvency Proceedings: A Comprehensive Legal Analysis of NCLAT’s Landmark Ruling in Max Publicity & Communication Case
Executive Summary The National Company Law Appellate Tribunal (NCLAT), in its recent landmark judgment in Max Publicity & Communication Pvt. Ltd. v. Enviro Home Solutions Pvt.
Alteration of Articles vs. Oppression of Minority Shareholders: A Legal Conflict
Introduction Corporate governance in India operates within a complex legal framework where the rights of different stakeholders often intersect, sometimes creating tension between
Compounding of Offences under the Companies Act: An Underused Compliance Tool
Introduction The Companies Act, 2013, which replaced its 1956 predecessor, introduced a more robust framework for corporate governance while simultaneously enhancing the enforcemen
Admissibility of SFIO Reports in Legal Proceedings: A Critical Analysis of Deloitte Haskins & Sells LLP v. Union of India
Introduction The National Company Law Appellate Tribunal (NCLAT) judgment dated February 28, 2025, in the case of Deloitte Haskins & Sells LLP v. Union of India represents a
Impacts of Recent Amendments in the Companies Act on Corporate Governance
Introduction Corporate governance forms the backbone of any company’s functioning, ensuring accountability, transparency, and ethical management practices. Over the years, the
Alteration of Share Capital Under Section 61 Companies Act 2013
Introduction As companies grow and evolve, they often need to adjust their capital structure to meet new business needs or take advantage of opportunities. This process, known as a
