Top 10 Corporate/Company Law Headlines from Asia Pacific Section 4 of the Companies Act, 1956 prescribes dual test and conceptually defines the Holding-Subsidiary company relationship. On 5 November 2009 the Federal Government announced major changes to the Franchising Code of Conduct (Code) and the Trade Practices Act 1974 (Cth) (Act). For those who are potentially exposed to GFC-related litigation, now is the time to get litigation-ready. Decisions made today will affect how their litigation plays out in six months' time. Corporate governance is considered to be the mainstay of modern day entrepreneurship. The government of Beijing has published the “Several Provisions on Encouraging Multinational Companies to Establish Regional Headquarters in Beijing” on 21 May 2009 which update the previous version from 1999. The Western Australia Court of Appeal (by majority) has held that a subcontractor, whose supply contract had a retention of title (“ROT”) clause and who supplied materials to the owner of a property, by reason of a contract with the builder, did not have a caveatable interest over the land. A proxy-handling facility can be a useful tool when trying to gather votes for a general meeting. Most contracts are in writing, whether a formal deed or agreement, or a less formal memorandum or heads of agreement, or correspondence. Kachwaha & Partners are pleased to present the guide on doing business in India The long awaited re-codification of company law has taken a concrete shape in the introduction of Companies BILL, 2008 in parliament recently by the Govt. of India and the same has been referred to the Select Committee. |