Blogs by Rajani Associates

SEBI on compensation agreements

by Rajani Associates on in Analysis
SEBI has been expressing its concerns over certain agreements entered into between private equity funds (“PE investors”) and employees of listed companies (“Listed Companies”) for incentivizing/boosting the performance of the employee, including key managerial personnel (KMPs), director or promoter ...
The Ministry of Corporate Affairs (“ MCA ”) has recently amended the Companies (Incorporation) Rules, 2014 (“ Incorporation Rules, 2014 ”) by way of Companies (Incorporation) Third Amendment Rules, 2016 (“ Amended Incorporation Rules, 2016” ), inter alia substituting existing Rule 3(2) of the Incorp...

Double whammy against developers in Maharashtra

by Rajani Associates on in Real estate & property laws
A brief overview of the recent circular issued by Maharashtra Police inter alia directing the police officials in the State of Maharashtra to take cognisance of the complaints filed by real estate buyers against Developers. CONCERNS OF REAL ESTATE BUYERS The real estate buyers more often suffer by i...

FACEBOOK – CONNECTING PEOPLE TO CONNECTED PERSONS…!!!

by Rajani Associates on in Technology, Media & Telecommunications
INTRODUCTION This article gives an analysis of one of the most recent SEBI’s order on Insider Trading especially where it is concerning Promoters of a listed company and persons “CONNECTED” with them who have allegedly engaged in insider trading. SEBI for the first time ever has chosen the social me...

What does the Commercial Courts Act, 2015 do?

by Rajani Associates on in Litigation, arbitration & dispute resolution
INTRODUCTION The Indian Government has been quite vocal and serious in their program of ‘Make in India’ and boosting the ‘ease of doing business in India’. The speedy and efficacious enforcement of contracts, recovery of monetary claims and award of just compensation for damages suffered are absolut...

Seat of Arbitration: What proposed amendments post-Balco will do

by Rajani Associates on in Litigation, arbitration & dispute resolution
INTRODUCTION In case of an International Commercial Arbitration, at more than a few times, question arises as to what is the law governing the substance of dispute between the parties, the law governing arbitration which includes construction and validity of the Arbitration agreement and the procedu...

Bombay High Court questions the reliability of Digital Signatures

by Rajani Associates on in Technology, Media & Telecommunications
Digital Signatures, a means of validating and authenticating the integrity of the message, software or a digital document are a technique, which has been adopted and accepted by the corporate world owing to its convenience and a technique more reliable than manual verification. In fact, Digital Sign...