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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
Non-Compete Clauses in India 2026: Enforceability in Employment Contracts vs Shareholder Agreements
Executive Summary Key Takeaway: Understanding the non-compete clauses in India 2026 starts here — post-employment non-competes in Indian employment contracts are void under Secti
Comprehensive Legal Defense Against Invocation of Section 74 of the CGST Act, 2017: Analyzing ‘Willful Suppression’ in the Context of Insolvency and Non-Realization of Professional Fees
Executive Summary The present legal analysis evaluates the defense strategy for a Writ Petition challenging the invocation of Section 74 of the CGST Act on allegations of willful s
Promoter’s Undertaking to Infuse Funds Does Not Amount to a Contract of Guarantee Under Section 126 of the Indian Contract Act: A Critical Analysis of the Supreme Court’s Ruling
Introduction The Supreme Court of India recently delivered a significant judgment that clarifies the legal distinction between a promoter’s undertaking to arrange funds for a
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’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
SEBI ICDR Regulations 2018: IPO, FPO, Rights Issue Compliance Guide
Introduction When companies need money to grow, build factories, develop new products, or expand to new places, they often turn to the public for funds by selling shares. This proc
Securities Contracts Regulation Act 1956 (SCRA): Full Form Guide
Introduction The Securities Contracts (Regulation) Act of 1956, commonly known as SC(R)A, is one of the oldest financial laws in India. It was made at a time when our country had j
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
Treatment of Share Premium in FDI Transactions
Introduction The foreign direct investment (FDI) landscape in India has undergone significant transformation over the past few decades, evolving from a restrictive regime to a prog
