Corporate Governance Mechanisms: An Overview

The article ‘Corporate Governance Mechanisms: An Overview’ explicitly covers various corporate governance mechanisms employed by companies to ensure effective decision-making, mitigate agency problems, and protect the interests of shareholders and stakeholders. Cultivating a company that possesses high standards of integrity and sensitivity to its surroundings is becoming crucial in the ever-evolving corporate arena. This is

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Supreme Court: Condition of Right to Repurchase Will Not Be Personal to the Vendor Unless Specifically Stated in the Documents

Supreme Court: Condition of Right to Repurchase Will Not Be Personal to the Vendor Unless Specifically Stated in the Documents The Supreme Court has ruled that the condition of right to repurchase in sale deed will not be personal to the vendor unless the terms in the documents specifically state so. The division judges bench

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Shardul Amarchand Mangaldas & Co. advised Warburg Pincus on acquisition of majority stake in Watertec (India) Private Limited

Shardul Amarchand Mangaldas & Co. advised Warburg Pincus on acquisition of majority stake in Watertec (India) Private Limited Shardul Amarchand Mangaldas advised Warburg Pincus (“Acquirer”) on the acquisition of a majority stake in Watertec (India) Private Limited (“Company”) from the existing shareholders of the Company. The date of closing the deal was 22 June 2023.

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Delhi High Court: 2019 Amendment to Section 29A of the A&C Act Being Procedural in Nature is Applicable to All Pending Arbitrations

Delhi High Court: 2019 Amendment to Section 29A of the A&C Act Being Procedural in Nature is Applicable to All Pending Arbitrations The Delhi High Court while granting an extension of time for the completion of arbitral proceedings in a dispute between Harkirat Singh Sodhi vs. Oram Foods Pvt Limited & Others, has observed that

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Bombay High Court Declares Prior Intimation Mandatory, Quashes Unlawful Refund Adjustment in Favour of Bharat Petroleum

Bombay High Court Declares Prior Intimation Mandatory, Quashes Unlawful Refund Adjustment in Favour of Bharat Petroleum Bharat Petroleum Corporation Limited (petitioner) has received a favourable ruling from the Bombay High Court, as it nullified the adjustment of refund made by tax authorities. The Court has directed that a refund of ₹211,42,98,781, or any further determined

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