The Doctrine of Indoor Management, also known as the “Turquand Rule,” is a fundamental principle in corporate law that protects third parties dealing with a company from the consequences of any irregularities in the company’s internal management.
Corporate Restructuring in the Digital Age: Lessons from Global Giants
Corporate restructuring is increasingly becoming a strategic tool for companies to navigate the challenges of a rapidly evolving business environment. In recent years, major corporations like Vodafone Idea and Air India have undergone significant restructuring efforts, not just for financial survival but to remain competitive in an increasingly digital world.
Understanding the “Minimum Public Shareholding” Requirement under SEBI Regulations
The Securities and Exchange Board of India (SEBI) mandates that all listed companies must maintain a Minimum Public Shareholding (MPS) of 25%. This requirement is designed to ensure a minimum level of public participation in the equity of listed companies, thereby promoting market liquidity and transparency.