The Doing Business in India 2009 report, a co-publication of the World Bank and the International Finance Corporation, has been released, along with a press release. The report contains a city-wise analysis that measures business regulations and their enforcement around India. Some of the results seem to defy conventional wisdom. Ludhiana has been found to be the city where it is easiest to do...
NCLT: Still Awaiting a Verdict
Although the establishment of the National Company Law Tribunal (NCLT) was envisaged through an amendment to the Companies Act nearly 7 years ago, it is yet to see the light of day. The NCLT is expected to take over the role of the High Court and the Company Law Board pertaining to various matters under the Companies Act, such as sanctioning of schemes of arrangement, ordering winding up of...
The Convergence Debate and Indian Corporate Governance
An interesting article by Afra Afsharipour (UC Davis School of Law) titled Corporate Governance Convergence: Lessons from the Indian Experience is available on SSRN. Here is the abstract: Over the past two decades, corporate governance reforms have emerged as a central focus of corporate law in countries across the development spectrum. Various legal scholars studying these reform efforts have...
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