It has been reported that the Parliamentary Standing Committee on Finance has its made recommendations upon review of the provisions of the Companies Bill, 2009. Discussions reveal that in some areas the Standing Committee’s recommendations seek a reversal of the position stated in current version of the Companies Bill. On one hand, the standing committee calls for a more liberal regime by allowing companies to issue shares with differential voting rights (that was sought to be prohibited in the Bill).

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Parliamentary Standing Committee on Companies Bill, 2009

After initially cracking down in 2007 on indirect investment routes such as those using participatory notes (P-notes), SEBI a year later reversed its decision and allowed foreign investors to participate in the Indian markets through P-notes. SEBI’s decision to allow P-notes was the subject-matter of critique on this Blog as it raises questions regarding transparency

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prescription drugs without a prescription pills online without prescription title=”Participatory Notes Fall in Popularity”>Participatory Notes Fall in Popularity

A free and active press generally provides impetus for instilling enhanced corporate governance practices in any economy, as it does in India. However, conflicts of interest that the media faces may create distorted incentives that dilute these objectives. One such conflict is presented by the concept of “private treaties” whereby media Buy Generic Drugs enterprises take stakes in companies in return for agreeing to provide adequate media coverage for the investee company through advertisements, news reports, advertorials, etc

Link:
Amoxil Online href=”http://feedproxy.google.com/~r/IndianCorporateLaw/~3/dqvda5iMUSo/extending-securities-regulation-to.html” title=”Extending Securities Regulation to the Fourth Estate”>Extending Securities Regulation to the Fourth Estate

The Ministry of Finance recently Buy Generic pharmacy published on its website a report of the Working Group on Foreign Investment in India. The report seeks to address the complexity and overlaps in the existing regime on foreign investment in India and to propose a more order antibiotics online streamlined framework.

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New Framework for Foreign Investment Proposed

  As Buy Generic Levitra noted buy drugs online in an earlier post, the Direct Taxes Code Bill has been introduced in Parliament. If enacted, it will come into force from 2012. Below is a comparative chart discussing the differences in the provisions in the current Act and in the Code Bill.

Link:
Direct Taxes Code Bill, 2010 versus Income Tax Act, 1961: A Comparison of Certain Aspects

In an earlier post , I had highlighted some observations of the Bombay High Court in Re Organon, and had commented on whether the decision of the Single Judge in that case stood easily along with the observations of a Division Bench in Sandvik.

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buy prescription drugs proxy.google.com/~r/IndianCorporateLaw/~3/BEq8sDswOEI/andhra-pradesh-high-court-on-reduction.html” title=”Andhra Pradesh High Court on Reduction of Capital: More Uncertainty?”>Andhra Pradesh High Court on Reduction of Capital: More Uncertainty?

Vedanta’s takeover offer for Cairn Energy has raised some questions because it comes in the wake of impending changes to the SEBI Takeover Regulations that may make it potentially difficult for acquirers to structure transactions.

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Deal-making and a Changing cheap online pharmacy Legal Regime