Companies Act 2013 - Recent Developments (Chennai)

The New Companies Act 2013 which was enacted in August 2013 is considered to a milestone in corporate reforms in India as it laid a new regime of business friendliness in India. However after it’s implementation various sections of industry raised serious concerns over various stringent provisions. The governments has been keen in listening to various sections of the industry and regularly brining in amendments in it and notifying the pending provisions. MCA has recently notified many pending provisions in relation to the compromise, arrangement, reconstruction, winding-up, reduction of share capital, etc. and have been brought into force with effect from 15 December 2016. Further, the cases will stand transferred to NCLT in phased manner as per the Companies (Transfer of Pending Proceedings) Rules, 2016.

CorpKonnect presents a one full day executive learning program on Recent Developments in Companies Act 2013 to understand and critically analyse the new corporate law of the land and it’s ongoing changes. Also it aims to determine the level of changes still required to making business more friendly.


Benefits of attending

  • Learn about all the new notified provisions related to M&A, Minority Shareholding and Reduction of Share Capital
  • Understand about the new Bankruptcy and Insolvency Code, 2016
  • Learn about the NCLT procedural aspects
  • Learn from experts on the latest changes and amendments
  • Key focus on burning issues of industry under the new law
  • Get answers to your key concerns from senior lawyers and industry experts

Who Should attend?

  • CFOs, Financial Controllers and other Key Management Personnel
  • Independent Directors and Executive Directors
  • Auditors and Internal Auditors
  • Company Secretaries
  • Head of Legal and Compliance
  • Corporate Affairs Managers and Executives

Technical Session 1: Shareholders` Rights & Share Capital

  • Variation of Shareholders’ rights
  • Reduction of Share Capital
  • Power to compromise or make arrangements with creditors and members

Mergers and Amalgamations Issues

  • Power of the Tribunal to enforce compromise or arrangement
  • Merger and amalgamation of companies
  • Fast track merger

Technical Session 2: Oppression and Mismanagement – Lessons from recemt controversies

Joint Shareholding – Issues

Some other Key Issues:

  • Power to acquire shares of shareholders dissenting from scheme or contract approved by majority
  • Purchase of minority shareholding
  • Registration of offer of schemes involving transfer of shares

Technical Session 3: Related Party Transactions 

  • For private Companies & Unlisted Public Companies
  • For Listed Companies

Removal of Directors -  Recent Issues

Board and Independent Directors – How independent they are?

Technical Session 4: 
NCLT Procedural Aspects

  • Types of cases to be dealt under NCLT
  • New Cases in NCLT framework
  • Drafting of Petition/Applications with NCLT
  • Procedure of transferring cases from CLB to NCLT
  • Class Action Suits
Hufriz Wadia
Kochhar & Co.

Hufriz is a partner in the Firm’s Chennai office and her expertise lies in Banking and Finance, Corporate and Commercial law, Private Equity, M&A, Joint Ventures and IPR. She also works in the Capital Markets arena, both Debt and Equity.

Hufriz completed her law in 2002 and was admitted to the Bar Council of Maharashtra & Goa in March 2003. She is a Solicitor with the Bombay Incorporated Law Society and a practicing Solicitor in England and Wales.

Hufriz has worked extensively on syndicated, bilateral and structured finance transactions, advised on foreign exchange and corporate laws, joint ventures and private equity structures. She has also worked on debt capital market issuances and advised on SEBI and FEMA regulatory issues.

Hufriz has written several articles on law including on Corporate Social Responsibility under the new Companies Act, and has been invited to speak on the new Companies Act. She has also co-authored the book “Doing Business in the UAE”.


Varun Sriram
J.sagar Associates

Varun Sriram is a Partner at the Chennai office of J. Sagar Associates and specialises in Private Equity, Venture Capital, and domestic and cross border M&As.

He has been a part of transactions across diverse sectors including Healthcare, Security services, Hospitality, Ports, Telecom VAS, Food & Beverage, Manufacturing, Technology, Software services, Transportation & Logistics, Pharmaceutical, Non-banking finance companies and Forex broking.

Varun’s practice also extends to General Corporate Commercial and advisory work including legal opinions on a variety of corporate and commercial laws.

He has been in practice since 2006. Before joining JSA, he was a partner with HSB Partners, Chennai. He has also worked with Economic Laws Practice Mumbai and ALMT Legal Bangalore earlier. He is also a qualified Company Secretary.

Thriyambak J Kannan
Chambers Of Thriyambak And Poongkhulali

Thriyambak J Kannan is the founder and advocate at Chambers of Thriyambak and Poongkhulali. He was associated with AZB & Partners and Arvind P Datar in past in his career.

His areas of practise are Corporate, commercial and civil litigation and has appeared before the Supreme Court of India; Madras, Bombay, Delhi and Karnataka High Courts; the city civil courts at Chennai, Bengaluru, Mumbai and Nagpur; the Company Law Board, now the National Company Law Tribunal at Chennai, Mumbai and New Delhi; the Debts Recovery Tribunal at Chennai; arbitral tribunals, both ad hoc and institutional, including before an ICC Tribunal.

He has briefed the former Attorney General for the United Kingdom in an ICC Arbitration for a construction company in a dispute with its Spanish joint venture partner. He Regularly advised and represented the Indian joint venture partners of an Indo – German joint venture Company in proceedings before the Company Law Board, arbitrations, anti – suit and anti – arbitration proceedings and intellectual property right infringement actions. He has appeared on behalf of a public limited company in a proceeding filed against it by a fund in a dispute concerning the redemption of optionally convertible debentures. He has also represented a top accounting firm’s management in a complaint of sexual harassment brought by one of its directors.   

Dorothy Thomas
Shardul Amarchand Mangaldas

Dorothy Thomas is a Partner at the Chennai office of Shardul Amarchand Mangaldas, and is ranked as one of the leading corporate lawyers in Tamil Nadu. Her practice focuses on General Corporate matters, especially FDI into the State of Tamil Nadu and Real Estate. She holds an impressive track record of over 19 years of hands-on experience in India, UK, and USA, and has demonstrated the ability to lead corporations investing in Tamil Nadu on a variety of competitive industries and diverse sectors of business.

Prior to joining Shardul Amarchand Mangaldas, Dorothy was Partner & Chennai Head at Cyril Amarchand Mangaldas (appointed to set up the Chennai office of Amarchand & Mangaldas & Suresh A. Shroff & Co.). She graduated from Symbiosis Law College, Pune in the year 1997.

Courtyard By Marriott
564, Anna Salai, Teynampet, Chennai
044 66764000
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Registration Fees: INR 8500 + 15% Service Tax per Delegate

Avail 10% early bird discount on 2 or more registrations till 10th Feb

Note: The fees would include Course Material, Participation Certificate and Lunch & Refreshments at the Hotel

Modes of Payment and Registration

Online Registrations through Credit/Debit Card : Click Here

For Offline registration through Cheque/DD/ and NEFT: Please contact the below mentioned:

Biplab SenGupta
Mob No: 8130826342