by Administrator | Apr 9, 2015 | Corporate Law, Law Reviews
The Central Government enacted a legislation, namely, The Sick Industrial Companies (Special Provisions) Repeal Act, 2003 which was to repeal the provisions of Sick Industrial Companies (Special Provisions) Act, 1985 (Act no. 1 of 1986). The Central Government beside...
by Administrator | Apr 9, 2015 | Corporate Law, Law Reviews
The Sick Industrial Companies (Special Provisions) Act, 1985 being Act no. 1 of 1986 was assented on 8th January, 1986 and was enacted by the Government of India with the view to make special provisions for securing time detection of sick and potentially sick...
by Administrator | Apr 6, 2015 | Banking Laws, Corporate Law, Law Reviews
The Industrial Disputes (Banking and Insurance Companies) Act (herein after referred as “the Act/ said Act”) was enacted in the year 1949 and it extends to whole of India except the state of Jammu & Kashmir. The main goal behind enactment of the said Act is to...
by Administrator | Apr 6, 2015 | Banking Laws, Corporate Law, Law Reviews
The Industrial Development (Transfer of Undertaking and Repeal) Act, 2003 (herein after referred as “the said act”) received assent of the President of India on 30th December, 2003 and was thereafter published in the Official Gazette, the said act came into force in...
by Administrator | Apr 6, 2015 | Corporate Law, Law Reviews
The Preference Shares (Regulation of Dividend) Act, 1960 was enacted on 28th December, 1960. The Act aims to regulate dividends on preference shares of companies. The Act extends to whole of India and also to the state of Jammu and Kashmir to the extent of regulation...
by Administrator | Apr 3, 2015 | Corporate Law, Law Reviews
The Richardson and Cruddas Limited (Acquisition and Transfer of Undertakings) Act, 1972 (Act no. 78 of 1972) was enacted to acquire and transfer the undertaking namely, “Richardson and Cruddas Limited”, for the purpose of reconstructing the register of its members....