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Man Ind's ESOPs illegal, says CLB

In a landmark decision, the Company Law Board (CLB) held Man Industries’ employees’ stocks ownership plan (ESOPs) illegal, in which the company had issued 2.66 million shares to its......

Deposit nominee Satyam directors' salaries in treasury: CLB

The Ministry of Corporate Affairs has suggested that Satyam Computer deposit the salary of directors nominated to its board by the government after a multi-crore accounting fraud was exposed at the......

DB group drags Etisalat to CLB

Etisalat's cup of woes is brimming over. The DB group, Etisalat's partner in India,on Mondaymoved the Company Law Board (CLB) against the UAE-based company.In a filing before the Mumbai bench of......

CLB allows govt to recall 4 Satyam directors

The Company Law Board on Friday allowed the government to recall its four nominee directors from the board of Mahindra Satyam. The remaining two directors would continue to remain with the board......

The Hindu family war goes to CLB

The battle for power within Kasturi and Sons, which runs the The Hindu daily, has once again moved to the courts.A group of 11 members from the family which comprises the shareholders has moved the......

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