PART II This blog post is a continuation of Part I for Directors and Appointment under Companies Act. The first part describes the types of directors, their respective responsibilities and appointment procedures and the second part, discusses the liabilities of the directors as detailed in the Companies Act, 2013 and under Securities law. LIABILITIES OF A DIRECTOR 1.... Continue Reading →
DIRECTORS AND APPOINTMENT UNDER COMPANIES ACT
Introduction Corporate governance is one of the important elements for the functioning of a company. In today’s times the merit of companies is also evaluated based on their corporate governance practices by the stakeholders and potential clients, investors, and customers. Efficient corporate governance is sometimes synonymous with compliance with laws, regulations and guidelines issued by... Continue Reading →
What managers will not get under new labour laws?
Agama Law Associates partner Archana Balasubramanian shares her views on the key changes to the new labour laws that will impact managers in India in an article by The Economic Times titled "What managers will not get under new labour laws". Key takeaways from the Article -Managers will no longer be entitled to fixed-term contracts. All new contracts... Continue Reading →
In case you are fired, is severance pay based on a month’s usual salary or just the basic component?
Agama Law Associates Partner Nitin Jain shares his views in The Economic Times on an article titled ‘In case you are fired, is severance pay based on a month’s usual salary or just the basic component?’. Industrial Dispute Act and States' Shops and Establishment Act There are many conditions under Industrial Dispute Act and States' shops and establishment... Continue Reading →
Personal Data Protection Bill 2023: What will change for a normal user?
Agama Law Associates partner Archana Balasubramanian shares her views on the alignment of this Bill with sectoral laws for business operating in India in an article by Hindustan Times titled "Personal data protection bill 2023: What will change for a normal user?" How will normal users get affected post-implementation of the data bill? Once the Digital Personal Data Protection Bill... Continue Reading →

