PIL before Delhi High Court regarding unauthorized accessing Aadhaar data of citizens
31st December 2020, the last day of the year was quite eventful. Abhijit Mishra, Advocate Payal Bahl and I mutually decided to file a Writ Petition before Hon’ble High Court of Delhi. The filling was done at around 11 o Clock, we were expecting that the matter would be taken up in the first week […]
Oppression and Mismanagement
Majority Rule Principle As a general rule when a particular motion has been passed and accepted by simple majority, the court ought not to interfere with the decision so taken by the majority. Justification for the non interference of the court lies on following grounds of “Corporation Principle”. Corporation Principle recognizes that the corporate is […]
Whether it is necessary for Board of Directors to be present at AGM?
Annual general meeting is statutorily mandated gathering of interested members. At the AGM, the directors of the company present a annual report of the company to its shareholders, and further informs them about their past performance and strategy. Shareholders are given an opportunity to vote on various issues such as appointment of directors, executive, dividend, […]
Related Party Transfer
Related party refers to existence special relationship between body corporate and other party prior to corporate own transaction. Thus these relationships are no way related to company’s own transactions. Related party has been defined under Company Act, 2013 under section 2(76), which defines related party in reference to Directors or Key Managerial Person and their […]
Ghostline Legal