tag:blogger.com,1999:blog-3202774368551476669.post740109869871052148..comments2023-09-15T16:21:31.980+05:30Comments on INDIAN CORPORATE LAW: Remedies against Directors' Undue Gains: Personal or Proprietary?Umakanth Varottilhttp://www.blogger.com/profile/12438677982004444359noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3202774368551476669.post-61268029883139582242013-09-13T08:31:33.679+05:302013-09-13T08:31:33.679+05:30Add-on
As brought out/implied, no conclusive much ...Add-on<br />As brought out/implied, no conclusive much less a satisfactory answer could be arrived at to the question as to who has made, and is accountable, for 'undue gains'; is it the person or the firm of which he is a director or officer. Further, anyone venturing to voluntarily or obligated to embark on a detailed study/analysis, ought to bear in mind and extend it also to the inevitable consequences under the other laws in force; primarily, on varied types of 'taxation'. Possibly available Case Law might provide helpful clues/guidance for that purpose. vswaminoreply@blogger.comtag:blogger.com,1999:blog-3202774368551476669.post-90504043782652080132013-09-13T06:23:59.513+05:302013-09-13T06:23:59.513+05:30Sporadic Thought:
The 'one-man company',a...Sporadic Thought:<br /><br />The 'one-man company',a concept that has been in vogue and widely accepted / prevalent elsewhere before, has, in India, been recently given a legal recognition.So also, what are known as LLPs.<br />The facets/implications sought to be touched upon herein would, therefore, require a study and deliberation in legal circles,separately/specially wprt those types of legal entities falling within the purview of 'company'. <br /> vswaminoreply@blogger.com