Corporate Law Articles

In "Shell" fish Co.! making most of shell companies!

Kunal R. Sarpal 13 February 2015 at 11:11

This one is for the start-up guys or the veterans who want to steer clear of the pains of starting a Company from the scratch.To lay down the steps for you, forming a Company, Listing it, getting all the licensing for it, building its goodwill, getti

Further issue of share capital u/s 62 CA,2013- Part-II

CS M.Kurtrala Nathan 13 February 2015 at 11:10

Section 62 of the Companies Act,2013 deals with the Further Issue of share capital to Employees under Employee Stock Options Scheme and to any persons on preferential basis. In my previous article (Part I), I have discussed about the Issu

Further issue of share capital u/s.62 of co. act, 2013- Part-I

CS M.Kurtrala Nathan 12 February 2015 at 10:41

A company (including Private company) having a share capital can increase its subscribed capital by issue of further shares to persons who are holders of equity shares of the company in pr

Repayment of deposits u/s 74 of the companies act

ANMOL JHA 11 February 2015 at 10:30

Dear Professional colleagues,Have a serious look into what is stated herein with your skillful application of mind. Section 74 of the Companies Act,2013, provides that any deposit accepted before the commencement of the Companies Act,2013, needs to b

Fast track exit mode for defunct companies under section 560

Sahil Jolly 10 February 2015 at 10:56

Fast Track Exit mode for Defunct Companies under section 560 of the Companies Act 1956 A number of Companies registered under the Companies Act 1956 are inoperative since incorporation or commenced business but became inoperative or defunct later on

Lagaan - Is it CSR or GSR?

Sundharesan Jayamoorthi 07 February 2015 at 13:13

In the guise of Corporate Social Responsibility (“CSR”) the Government is delegating the social work in the hands of corporate; is CSR becoming a Government Shirking Responsibility (“GSR”). It is difficult to believe and compr

Critical issues under provisions of Section 149 of Companies Act, Independent Directors

APARNA.R 07 February 2015 at 11:17

Applicability: All listed Companies Every other public Company havingPaid up share Capital of Rs.10 crore or more OrTurnover of Rs.100 crore

Private Placement under Co. Act,2013

CS M.Kurtrala Nathan 07 February 2015 at 11:17

Section 42 of the Companies Act,2013 and Rule 14 of Companies (Prospectus and Allotment of Securities )rules ,2014 deals with Private Placement."Private placement" means any offer of securit

Independent Directors | An analysis

CS MOHIT SALUJA 05 February 2015 at 10:33

Independent Director is the one who does not have any material or pecuniary relationship with the companyIndependent Directors as per reading of section 149(6)Section 149 (6) An independent director in relation to a comp

Financial Statement,Board Report under Cos Act,2013

CS M.Kurtrala Nathan 04 February 2015 at 10:26

Section 134 of the Companies Act,2013 and Rule 8 & 9 of the Companies (Accounts)Rules,2014 deals with the Financial Statement and Board Report.Signing of the Financial Statement: The financial statement, including consolidated financial statement