NCLT’s Power to Punish for Civil Contempt: A Comprehensive Legal Analysis of Section 425 of the Companies Act, 2013
Executive Summary The power of the National Company Law Tribunal (NCLT) to punish for civil contempt represents a cornerstone of judicial authority essential for maintaining the sa
Shadow Directors under Company Law and Their Legal Accountability in India
Introduction Corporate governance frameworks typically focus on formal power structures within companies, with clearly defined roles, responsibilities, and accountability mechanism
Doctrine of Indoor Management: Still Relevant in the Digital Age?
Introduction The doctrine of indoor management, also known as the rule in Royal British Bank v. Turquand, stands as one of the foundational principles of company law that has shape
Shareholders’ Agreements vis-à-vis Articles of Association: Legal Validity and Judicial Interpretation
Introduction The governance framework of Indian companies operates at the intersection of statutory regulation and private ordering. While the Companies Act provides the statutory
The Importance of a Succession Certificate in Share Transmission
Introduction In a landmark ruling by the National Company Law Appellate Tribunal (NCLAT) Chennai, it was held that shares cannot be transmitted without obtaining a Succession Certi
The Tata Sons vs Cyrus Mistry – An In-Depth Analysis
Introduction The corporate dispute between Tata Sons vs Cyrus Mistry stands as one of the most significant boardroom battles in Indian corporate history. This confrontation between
Company Membership Under the Companies Act, 2013: Legal Framework and Pathways to Membership
Introduction The concept of membership in a company forms the foundational pillar of corporate governance and shareholder rights in India. Under the Companies Act, 2013, the framew
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