Mondaq Asia Pacific: Corporate/Commercial Law
Shearman & Sterling LLP
In this newsletter, we provide a snapshot of principal Asian, US, European and selected international governance and securities law developments.
Mayer Brown JSM
On 17 June 2014 the Ministry of Commerce of China (MOFCOM) issued the Notice on the Improvement of Foreign Investment Approval and Administration Matters.
Broad & Bright
In 2013, three high-profiled internet companies have successively completed their initial public offerings at the main board of the Hong Kong Stock Exchange.
DaHui Lawyers
China’s Ministry of Commerce published an internal notice that significantly simplifies the capital registration system for foreign-invested enterprises.
Nishith Desai Associates
All companies to follow postal ballot requirements along with convening physical shareholder meetings.
Global Jurix, Advocates & Solicitors
Stipulation and elucidation of the duties and responsibilities of the directors of a company are a welcome and great contribution of the new company law of India.
Nishith Desai Associates
Our Q1 wrap ended on an expectant note in anticipation of the elections to be conducted in May.
Singh & Associates
According to the provisions of Foreign Exchange Management Act an Annual return on Foreign Liabilities and Assets is required to be submitted by all the India resident companies.
Singh & Associates
In terms of the extant External Commercial Borrowings Policy eligible Indian companies were permitted to refinance / repay the Rupee loans by raising ECB from recognised lenders.
Singh & Associates
As per the plain reading of the above mentioned Section, remuneration to be paid to such Independent Director can constitutes pecuniary relationship.
Singh & Associates
The Independent director cannot be appointed for more than 5 years on a continuous basis.
Singh & Associates
Companies Act 2013 required the foreign nationals to mandatorily quote PAN if they were to be the promoters or first directors of the company.
Singh & Associates
The Companies Act 2013 necessitated that every listed company having paid-up share capital of Rs 10 crores or more to appoint the Company Secretary in whole-time employment.
Nishith Desai Associates
To promote the startup ecosystem in India, the Securities and Exchange Board of India has rolled out a ‘Consultation Paper on Crowdfunding in India’.
Nishith Desai Associates
The Reserve Bank of India has relaxed the provisions relating to pledge of shares held by non-resident shareholders in Indian listed companies.
Singh & Associates
A debenture is an instrument of debt executed by the company acknowledging its obligation to repay the sum at a specified rate and also carrying an interest.
Makarim & Taira S.
This Regulation redefines the procedures and requirements to secure approval for the name of a foundation in Indonesia.
Norton Rose Fulbright Canada LLP
A Japanese research firm suggests that there may be a record 14 shareholder proposals that will be made in the next few weeks.
Cavell Leitch
Regardless of the method of contracting, the same legal requirements for forming a binding contract apply.
Duncan Cotterill
This document provides a summary of the recent changes to NZ company law and the law governing limited partnerships.
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Global Jurix, Advocates & Solicitors
We list the new requirements for companies below.
Singh & Associates
The Companies Act, 2013 has made significant changes in the provisions relating to private placement of securities.
PSA Legal Counsellors
The Companies Act, 2013 is enacted to gradually replace the old Act of 1956, with the objective to bring more accountability and good corporate governance.
Nishith Desai Associates
The Government of India has recently notified Companies Act, 2013 ("CA 2013"), which replaces the erstwhile Companies Act, 1956 ("CA 1956").
Singh & Associates
Under the Companies Act, 1956 the provisions relating to Loan to directors by a Company were governed by Section 295 of the Companies Act, 1956.
PSA Legal Counsellors
The Companies Act, 2013, sets to overhaul the provisions relating to independent directors entirely by conferring greater power and responsibility in the governance of a company.
Singh & Associates
In India, the gravity of Independent Directors was recognized with the introduction of corporate governance.
Global Jurix, Advocates & Solicitors
The new Companies Act (hereinafter referred as CA2013) is replacing old Companies Act, 1956 (hereinafter referred as CA1956).
Singh & Associates
The revolutionary new concept of ‘One Person Company' has been introduced by the Companies Act, 2013.
Jones Day
In August 2013, the Indian parliament passed the Indian Companies Act, 2013, which has replaced the Companies Act of 1956
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