Share Tweet Plus One Pin It Email Print By: Akanksha Jain July 16, 2018 6:45 pm Change Font Size Can an Indian Limited Liability Partnership (LLP) be allowed to amalgamate with an Indian private limited company under a scheme of amalgamation filed before the National Company Law Tribunal (NCLT)? The NCLT has answered the question in affirmative. “…the legislative intent behind enacting both the LLP Act, 2008 and the Companies Act, 2013 is to facilitate the ease of doing business and create a desirable business atmosphere for companies and LLPs. “For this purpose, both the Acts have provided provisions for merger or amalgamation of two or more LLPs and companies,” noted the NCLT bench of Ch Mohd Sharief Tariq. “If the intention of Parliament is to permit a foreign LLP to merge with an Indian company, then it would be wrong to presume that the Act prohibits a merger of an Indian LLP with an Indian company. “Thus, there does not appear … [Read more...] about No Legal Bar On Indian LLP Merging With Indian Firm, Says NCLT [Read Order]
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The Urge to Merge: A Marketer’s Checklist
Merger mania in the legal space is not a new phenomenon. Many law firm leaders see a merger as a viable way to boost revenue, pick up new clients, and expand a regional or international footprint. As of last November, Altman Weil reported a record of 79 mergers in 2015, the largest number since they started keeping track. It seems like 2016 is off to an equally robust start.Law firm mergers are undoubtedly complex, high-profile and often international in scope. In addition to all the complex financial and business elements, as well as the cultural mix of the firms, law firm leaders – and marketers in particular – must carefully plan out how to notify various audiences of the intended tie-up. From support staff to the management committee to vendors, consultants and clients, each of these groups needs special attention. Of course, firms will want to share their good news with the world. The best way to reach this massive audience with a big splash is via the legal, … [Read more...] about The Urge to Merge: A Marketer’s Checklist
Chamaelo, Tropic Networks and Tournament Energy Merge
Chamaelo was represented by Gowling Lafleur Henderson LLP with a team led by Greg Peterson, Jeff Dyck and Jimmi Duce that included Erin Lee, Bennett Wong and Evan Low (corporate/securities), Bob McCue, Al Rautenberg and Eugene Friess (tax), Trish Steele (oil and gas) and Richard Myers and Nick Salaysay (banking); and by John Whelan and Bram Kranichfeld of Carter Ledyard & Milburn LLP in New York.Tropic was represented by Deborah Weinstein, Lawrence Weinstein, Shane McLean, James Smith, Colin Wrynn and Estelle Duez of LaBarge Weinstein Professional Corporation.Tournament was represented by Edward Leew, Craig Johnstone, Duane Gillis and Mark Fletcher of Thackray Burgess, and by Chris Nixon, Craig Story, David Weekes, Martin Mix and Kristi Kasper of Stikeman Elliott LLP.The underwriters were represented by Scott Wilson, Gil Malfair and Shane Stevenson of Borden Ladner Gervais LLP. … [Read more...] about Chamaelo, Tropic Networks and Tournament Energy Merge
Elements from the stars: The unexpected discovery that upended astrophysics 66 years ago
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Artemis Spyrou, Michigan State University and Hendrik Schatz, Michigan State University (THE CONVERSATION) Nearly 70 years ago, astronomer Paul Merrill was watching the sky through a telescope at Mount Wilson Observatory in Pasadena, California. As he observed the light coming from a distant star, he saw signatures of the element technetium. This was completely unexpected. Technetium has no stable forms – it’s what physicists call an “artificial” element. As Merrill himself put it with a bit of understatement, “It is surprising to find an unstable element in the stars.” Any technetium present when the star formed should have transformed itself into a different element, such as ruthenium or molybdenum, a very long time ago. As an artificial element, someone must have recently created the technetium Merrill spotted. But who or what could … [Read more...] about Elements from the stars: The unexpected discovery that upended astrophysics 66 years ago
Black woman golfer: It was like we had targets on our backs
Updated 3:28 pm, Tuesday, April 24, 2018 window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-5', placement: 'Interstitial Gallery Thumbnails 5', target_type: 'mix' }); _taboola.push({flush: true}); window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-10', placement: 'Interstitial Gallery Thumbnails 10', target_type: 'mix' }); _taboola.push({flush: true}); Photo: Jacqueline Larma, AP Image 1of/10 CaptionClose Image 1 of 10 Sandra Thompson, a golfer and member of a group of local women known as Sisters in the Fairway, addresses a reporter's question during an interview with The Associated Press, Tuesday April 24, 2018 in York, Pa. Officials at the Grandview Golf Club in York called police on the group Saturday, accusing them of … [Read more...] about Black woman golfer: It was like we had targets on our backs