Newsletter Issue - March 2019

Key Updates:

  • Arraigning a Company as an accused is essential for prosecuting authorized signatory – Hon’ble Supreme Court in Himanshu v. B Shivamurthy & Anr.

  • Former CEO cannot espouse writ jurisdiction for allegations regarding affairs of the Company - Hon’ble Supreme Court of India in Ramesh Sanka v. Union Of India


Policy Updates:

  • AMENMENTS TO COMPANIES(SIGNIFICANT BENEFICIAL OWNERSHIP) AMENDMENTS RULES, 2018

  • DISCUSSION PAPER ON PROPOSED GUIDELINES FOR COMPENSATION OF WHOLE TIME DIRECTORS/ CHIEF EXECUTIVE OFFICERS/ MATERIAL RISK TAKERS AND CONTROL FUNCTION STAFF, ETC.


Hammurabi & Solomon (H&S)March
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