Tagged “fera”

2 articles on fera.

LIC v. Escorts: corporate veil, shareholder democracy and the limits of judicial review

A five-judge Constitution Bench delivered a foundational statement on separate corporate personality, the narrow grounds for lifting the corporate veil, and the shareholder's right to requisition a meeting irrespective of motive.

Valkya Editorial·14 Jun 2026·8 min

Landmark JudgmentSupreme Court of India

Needle Industries v. Needle Industries Newey: oppression, rights issues and equitable justice

A three-judge bench refused a finding of oppression over a FERA-driven rights issue, but moulded an equitable money remedy — the foundational Indian statement of what 'oppression' means under company law.

Valkya Editorial·14 Jun 2026·8 min