Due diligence checklist to convert preference into equity shares

Essential Due Diligence Checklist for converting preference shares into equity

This article provides readers with a comprehensive guide to conducting legal due diligence before the conversion of preference shares into equity shares. Building on my previous article about procedural steps, this piece offers practical scenarios, detailed checklists, and expert advice drawn from experience to help you navigate complex conversions under the Companies Act, 2013.
Decorative image for Delhi High Court's judgment on PPL

What the Delhi High Court’s ruling means for music licensing in India

A recent Delhi High Court ruling stated that Phonographic Performance Limited (PPL), not being a registered copyright society, cannot issue or grant licences for the sound recordings in its repertoire. If you have ever used a song publicly or negotiated a music licence, you must understand the implications of this ruling. This judgment does not merely affect PPL’s internal operations, it affects how you, as a music user or rights holder, navigate the legal framework of music licensing in India.