Shareholders’ Deadlock: Buy-Out as a Way Out
Guidance from experienced corporate and commercial lawyers from the start of a business relationship can prove beneficial in more ways than one. Effective documentation is helpful because it sets the ground rules of the relationship in clear terms which encourages parties to work within the defined structure – whether working together in the joint venture or disengaging in case of a deadlock.
Embracing a Holistic Perspective to Environmental Conservation
When planning projects including in the renewable energy space, it is essential to adopt a holistic approach that considers the dynamic legal landscape, including aspects of corporate governance, fiduciary duties of directors. The evolving legal framework can significantly influence both the timeline and budget of a project. Therefore, seeking expert legal advice from seasoned Energy and Sustainability lawyers is highly beneficial.
Nature of Concessions – Stamp Duty implications
Concessions require proper structuring, keeping in mind various aspects, including stamp duty. Expert advice from corporate lawyers and infrastructure lawyers is required to have a futuristic perspective and effectively protect legitimate business interests within the legal regime’s parameters.
Complexities of Significant Beneficial Ownership and Corporate Control
The implication of contractual arrangements concerning management and control of a company or group companies requires a proper understanding of the determination of ‘beneficial ownership’ and ‘significant beneficial ownership’. Disclosure and compliance constitute only one aspect. Intricacies may be involved concerning such contractual arrangements, and corporate and commercial legal advisors may require their implication and assistance.
GHG Emission Intensity Trajectory and Targets: Compliance Mechanism
For a better and more comprehensive understanding of the Compliance Mechanism discussed in this write-up, readers are strongly recommended to refer to our previous article on the Carbon Credits Trading Scheme, 2023. Adherence to the provisions of the Carbon Credits Trading Scheme, 2023, and compliance with them require expert legal assistance.
From Policy to Practice: Journey of CBG in India
Compressed Biogas (CBG) projects involve the interplay of laws and regulations pertaining to environment, energy and land. Appropriate legal advice should be sought for the purposes of ensuring compliance, mitigation of risks and optimizing project operations and returns.
ESG and Director Duties: For Profit or Purpose
Startups may not be different from any other business entity. However, it is for good reason that they have been accorded a special status with respect to, among other things, raising finances and regulatory compliances. Expert advice from corporate lawyers handling advisory to startups would be helpful to make the most of the benefits and exemptions offered under the regulatory regime
ESOPs and SARs: From Ownership to Appreciation
Louis Ortho Kelso, a political economist and lawyer, back in 1956, created the first employee stock ownership scheme based on his belief that the ownership of a company should ultimately vest with its employees as they are the ones responsible for the company’s success.
Sweat Equity Shares: Reward or Risk?
The concept of ‘Sweat Equity’ was initially employed in the United States by Co-operatives for real estate projects. In the mid-20th century, the American Friends Service Committee introduced the idea of sweat equity in the Penn Craft self-help housing project. Families came together to build homes, using labour and sweat as equity.
Stamping Out Antiquity: Discussing The Indian Stamp Bill, 2023
Stamp duty is a tax levied on instruments, bills of exchange, and promissory notes, whether executed in India or outside India, concerning a matter done or to be done in India.
Inequality in Equity – Evaluating Differential Rights
The rights of shareholders are determined based on the instruments they hold against capital (whether in the form of share capital, debt, or hybrid) invested. The Companies Act, 2013 (‘Companies Act’) allows a private company limited by shares to have varied kinds of share capital – not just equity share capital and preference share share capital.
Powers of Attorney – Some Important Aspects
Grant of authority by one person to another to act on their behalf can have significant consequences, both for the issuer and the person so authorised. Irrespective of the purpose for issuing a power of attorney, the extent of powers granted pursuant to a power of attorney, or the duration of its validity, it is important to be advised of the consequences and responsibilities attendant to a power of attorney.
