News & Insights

The Employee stock option plan (���ESOP�۝) is a scheme or plan that provides an option/ right to the directors, officers or employees of a company or of its holding company or subsidiary company to purchase or to subscribe to the shares of the company at a future date at a pre-determined price.

The Electricity Act, 2003 (���Act�۝) is the extant legislation that consolidates the legal framework governing the Indian energy sector. It provides the overarching legal regime with regard to generation, transmission, distribution, trading, use of electricity, along with other general measures for development of the electricity industry such as promoting competition and rationalising electricity tariff.

This article examines the right of a minor to (a) object to sale of his/her share in the joint family property, and (b) get the sale made in favour of a third party purchaser declared void.�� �� ��

In the case of V. Padmakumar vs. Stressed Assets Stabilization Fund (SASF) & Anr.[1] (���Padmakumar�۝), four out of five members held, inter alia, that entries reflected in the balance sheet of a company do not amount to acknowledgement of debt under the Limitation Act, 1963 (���Limitation Act�۝)