Insolvency and Bankruptcy: Commercial Wisdom of Committee of Creditors
The responsibility given to the CoC cannot be questioned except on some limited grounds because of the commercial wisdom given to them.
The responsibility given to the CoC cannot be questioned except on some limited grounds because of the commercial wisdom given to them.
The independent director’s role is to bring more transparency in a company and ensure optimised use of the company’s resources and finances.
The consequence of Delaware Flip is that the international company will be owned by the newly born American Company.
A Phantom Stock Option is a performance-based incentive arrangement that offers a worker the chance to get cash instalments later.
The principle of limited liability is important in India as individuals have the option of going with an LLP instead of a partnership firm.
POEM is a fact-based assessment & is a globally recognized concept, there are well-established guiding principles for determining POEM.
We can conclude by that the markets must be free from frauds, misrepresentation, forgery, etc, and all these are stoutly maintained by NCLT.
Section 92 is a crucial section because it establishes the rules and procedure for each company’s annual returns.
Chit funds are untrustworthy unless they are provided by a personal group of friends and family in whom you have a high level of confidence.
SEBI has without exception to its best possibility has protected the Investors, Regulated the market to keep it far from frauds.
Insider trading is referred to a trading done by an individual based on knowledge gained by non-public sources that may impact the market.
An individual can become a member of a company by agreeing to certain conditions as listed in the companies act.