LAW Articles

Paradigm shift of International Arbitration in India

dr vedula gopinath 15 July 2015 at 10:37

In the wake of Liberalisation, Privatisation and Globalisation,(L.P.G) developing countries should have regulatory system w

Is there a shift in the recent judgments of Apex Court in cheque bouncing cases under NI Act?

G S Rao 06 July 2015 at 10:32

Introduction:Cheque bouncing cases are once again in the news, after the pronouncement of land mark judgment, by Apex court in the case DasharathRoopsinghRath

Types of directors

Kalpesh Veer 25 June 2015 at 10:45

1. Definition:- As per Section 2(34) of Companies Act 2013 Director means a director appointed to the Board of a Company.2. Responsibility:- The board of directors of a company is primarily responsible for: determining the compan

FAQ on New Companies Act, 2013- Auditor's Restricted Services

CA Sripriya K 22 June 2015 at 10:41

Our firm also renders accounting services for a client for the year 2014-15. Can we be the auditor for the year 2014-15.According to Sec. 144 an auditor appointed under this Act is bound by the Board of directors or the Audit committee to provide o

FAQ on New Companies Act, 2013- Auditor's Rotation

CA Sripriya K 16 June 2015 at 10:28

We have been the Statutory Auditors of XYZ Private Limited for 20 years now. Can we sign the financial statements as auditors for YE March 31, 2015. Or should be pave way for another firm on account of Audit rotation. Although Sec 139(2) makes

Some recent case decisions on important issues

manoj sethia 15 June 2015 at 11:44

Stay on Demand.�Stay on demand should be granted till the disposal of appeal where assessment was framed exparte u/s 144 of the Act. Whose fault was, for passing ex-parte order is immaterial for the proceedings of stay.� ACIT vs. Anirban

Powers of High Court - Settlement Commission

CA Nischal Agarwal 30 May 2015 at 11:15

High Court has power to decide the correct position of law on admitted facts before Settlement CommissionReliance in this connection can be placed on the decision of Hon’ble Apex Court in case of M/s Asahi India Safety Glass Ltd reported in 201

Land Bill: The Harbinger of Achche Din- Is It?

akash gupta 10 April 2015 at 10:33

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015, better known as the Land Bill, recently presented in the Parliament has once again brought to the forefront the divided opini

Gratuity

CMA Poornima Madhava 07 March 2015 at 18:28

What is Gratuity? Gratuity is a kind of retirement benefit. It is earned by an employee as a reward for long and meritorious service It is payable on termination of employment after the employee has rendered continuous service for not less than 5 yea

Basic Concept of CSR

Lokesh Aggarwal 05 March 2015 at 10:09

Mahatma Gandhi ji has rightly said- " Earn your crores but understand your wealth is not yours, it belongs to the society".As we all knows company's main objective is it to maximize the shareholder's wealth. This maximization works