Synergia Legal is bringing to you a fortnightly compilation of digestible summaries of key legal developments and case laws impacting the business, commercial and economic landscape in India: Corporate Laws 1. The Ministry of Corporate Affairs (MCA) issued a general circular introducing the Companies Compliance Facilitation Scheme, 2026 (February 24, 2026): The MCA, through General […]
Company law is traditionally anchored in the principle of shareholder democracy. Those who hold the majority of voting rights determine the company’s course; resolutions are passed by numerical strength; and management ultimately derives legitimacy from shareholder approval. The Companies Act, 2013 reflects this architecture. Section 47 of the Companies Act, 2013 confers voting rights upon
Indian company law understands the Board of Directors not merely as a managerial organ, but as an institution of corporate stewardship. At its core, stewardship reflects the idea that directors exercise power in trust, for the company as a distinct legal person, and not as proprietors of corporate authority. This distinction is critical, particularly in
Fundraising, as encountered in legal practice, is rarely a linear or isolated event. Transaction counsel typically engage with fundraising decisions not only at the point of signing, but far more frequently during institutional diligence, follow-on negotiations, governance disputes, or exit processes. It is at these later stages that the legal and contractual consequences of earlier
A capitalization table, commonly referred to as a cap table, is a structured record of a company’s ownership detailing the securities issued, the percentage of holdings, and the rights attached to each class of shares or instruments. It is, in essence, the company’s equity map. Beyond being a numerical summary, a cap table reflects the
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