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Conflict between the Articles of Association and Shareholder Agreement

Conflict between the Articles of Association and Shareholder Agreement
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UK High Court Ruling Clarifies Sole Director Appointment Rights

In the recent case of Re Active Wear Limited, High Court ruled purported out-of-court administration appointment by sole director of company with unmodified model articles was valid notwithstanding earlier High Court decision in Re Fore Fitness Investments Holdings Ltd.

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The Office of the Company Secretary: a Corporate Governance Gatekeeper?

This is the third part of a series of FAQs regarding the office of the company secretary in terms of the Companies Act (Chapter 386 of the Laws of…

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It s countdown to splitting CMD posts - The Hindu BusinessLine

It’s countdown to splitting CMD posts Ushering in change - Warchi× India Inc must work towards separating the roles of the chairman and MD in right earnest to improve governance The SEBI Chairman recently said that the posts of Chairman and Managing Director (CMD) need to be split from April 1, 2022. He has also highlighted that “Separation of the roles will reduce excessive concentration of authority in a single individual”. The next statement is equally powerful: “The underlying idea for such a separation is not to weaken the position of the promoter but to improve corporate governance”. The top 500 listed companies should get ready with the implementation plan. The splitting of the posts is among the several moves taken by SEBI to improve corporate governance. What are the key issues that need to be addressed here?

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