Posts tagged "legal"

Objectives of Money Market

What are the Objectives of Money Market? The board objectives of Money market are to provide the Following : A balancing mechanism for short-term surplus and deficiencies; A focal point RBI intervention for influencing liquidity in the economy; and A reasonable access to the users of short-term funds to meet Read More →

Information Provided to Shareholders

What information should be provided to Shareholders as per provision of clause 49 of listing agreement? The shareholders shall be provided with the following information about a person who is proposed to be appointed as the new director or re-appointed as the director of the company: A brief resume of Read More →

Composition of Audit Committee of Directors

What should be the composition of Audit Committee of Directors as per provision of clause 49 of listing agreement? All listed companies shall constitute a Committee of Directors to be known as ‘Audit Committee of Directors’ to look into accounting, financial and audit aspects of a company. Audit Committee of Read More →

Demutualization of Stock Exchange

What is Demutualization of Stock Exchange? Demutualization refers to transition process of an Exchange from mutually owned association to a company owned by shareholders. In other words, transforming the legal structure of an exchange from a mutual form to a business corporation form is referred to as demutualization. The above, Read More →

Letter of Intent (LOI)

What is Letter of Intent (LOI) ? Where an application for industrial licence is made ,first usually Letter of Intent  is granted and then Industrial Licence is granted after required initial steps like acquisition of land , commencement of civil works ,placement of order for plant & machinery ,foreign collaboration Read More →

Legal Effect of Registration of Trademark

What are the Legal Effect of Registration of Trademark?   Section – 31 of the Trademark Act, 1999 stipulates that in all legal proceedings relating to trademark registered under the Act, the original registration and all subsequent assignments and transmission thereof shall be prima facie evidence of its validity. However Read More →

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