India: Directors and Officers

Welcome back yet again to another episode of the ESG Decibel series! This time, get ready for something big and different as we welcome a true leader in the field, Ms. Mardi McBrien.

A Company, despite being a legal entity is an artificial person that relies on a group of natural persons, particularly directors, who play a pivotal role in steering it towards its strategic and financial objectives.

It analyses the Indian legal issues involved in increasingly popular employee incentive plans, including cash-based incentives, employee stock options, stock purchase plans, and sweat equity.

The LODR Amendment 2025 has introduced a distinct chapter VA which is explicitly applicable for HVDLEs. The LODR Amendment 2025 increases the applicability threshold from the current amount of ₹500 crore to ₹1,000 crore for the value of the outstanding listed non-convertible debentures ("NCDs").

After putting up a Director tag on a member of the Company, he plays the role of the same and is obliged to take up certain responsibilities for the well-being of the Company.

The Securities and Exchange Board of India (SEBI) has issued Circular SEBI/HO/ISD/ISD-POD-2/P/CIR/2025/55, dated April 21, 2025, significantly expanding the scope of automated Trading Window Closure...

Amongst the pending disputes in commercial and financial dealings, cheque bounce cases have emerged as a significant legal concern.

The Registrar of Companies, Ministry of Corporate Affairs (‘ROC') recently imposed a penalty of INR 25,000/- on Triveni Nidhi Limited (‘Company') and INR 5,000/- each on its 3 directors for non-compliance of Section 118(10) of the Companies Act, 2013 (‘the Act').

The Supreme Court of India has delivered a landmark judgment in the case of K.S. Mehta vs. M/s Morgan Securities and Credits Pvt. Ltd.