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Corporate Law Articles


Mandatory Demat : An Overview

  Pankaj Pendse    28 June 2011 at 12:37

Ministry of Corporate Affairs vide its recent circular No 17/143/2011-CL.V dated 6.6.2011 is considering to issue Companies (Dematerialization of Certificates) Rules, 2011. The key highlights of the said regulation will be... 1.



Fast Track Exit Mode for Defunct Companies

  CS Ankur Srivastava    26 June 2011 at 13:02

Initially Ministry had issued Easy Exit Schemes to give an opportunity to the defunct Companies to get their name strike off from the records of ROC.



Circular Resolution Written Resolution

  Vivek Sethia    26 June 2011 at 13:02

Passing of a Board Resolution by Circulation under Companies Act, 1956 of India Provisions Applicable Section 289 read with Regulation 81 of Table A of Schedule I. Provisions in Brief Whatever act is required to be done by the Boar



User Guide on Paying MCA21 Fees Via NEFT

  CA KRISHNA KUMAR DARUKA    25 June 2011 at 20:17

Introduction: Currently MCA21 payments are allowed via Credit Card, Internet Banking & Physical Challan. The Ministry has authorized 5 banks (Indian Bank, HDFC, ICICI, PNB and SBI) for collection of MCA21 fees, which means that only the accoun



A Brief note on MCA's Green Initiative Circulars

  Pravin Gupta CS    23 June 2011 at 12:28

MCAS Green Initiative; In order to save trees and environment by cutting down the consumption of costly paper habits, the Ministry of Corporate Affairs has taken a Green Initiative in the Corporate Governance by allowing pap



Holding of Board Meetings through Electronic Mode

  Vivek Sethia    22 June 2011 at 12:59

Finally, Indian Corporate regulators have recognized the mode of holding the company meetings through electronic mode. Going forward meetings held through such mode shall now be duly accepted and recognized in court of law. The Ministry of Corpor



A Brief Note on Mandatory Annual filing in XBRL format

  Pankaj Pendse    21 June 2011 at 13:15

A Brief Note on Filing Annual Financial Statements in XBRL Format Background: Ministry of Corporate Affairs (MCA) vide its General Circular No 09/2011 has



Filing of Balance Sheet and Profit and Loss Account in XBRL

  CS Ankur Srivastava    11 June 2011 at 12:33

Filing of Balance Sheet and Profit and Loss Account in XBRL Format As such, now following class of companies are required to file their Balance Sheet and Profit and Loss Account in XBRL Format:- Listed Companies and their subsidiaries;



Compliance of Provisions of the Companies Act, 1956 and Rule

  Sonakshi    04 June 2011 at 12:25

In order to ensure corporate governance and proper compliances of provisions of Companies Act, 1956, the Ministry of Corporate Affairs has decided that from 3rdJuly, 2011 all the Companies will have to file their updated Balance Sheet and Profit &



FAQs on Refund Process

  ROSHAN AGRAWAL    03 June 2011 at 11:39

How to get refund of excess /incorrect roc fees paid for availing MCA 21 services 1. What is refund process? The user is required to make various payments to avail MCA21 services. A number of instances have been observed where the users make mu