Corporate Law Articles

Component Accounting - Tangible Fixed Assets

Posted by CA Surendra Bhatt (ACA,DISA) 13 April 2015 59581 Views

The useful life specified in Part C of the Schedule II of the Companies Act,2013 is for the whole of the asset. As per Part A, useful life of an asset shall not ordinarily be different from the usefu

The Companies(Auditor's Report) Order is illegal

Posted by ANMOL JHA 13 April 2015 16121 Views

The Companies (Auditors Report)Order,2015, is unlawful thus not enforceable.The Ministry of Corporate Affairs on 10th April, 2015, has issued on its website the Companies (Auditors Report) Order,2015(the Order) though the Order is not

One Person Company: Soul of proprietorship in corporate body

Posted by Mayank vashishta 11 April 2015 10434 Views

ONE PERSON COMPANY: A PRACTICE TO MERGE SOUL OF PROPRIETORSHIP IN THE BODY OF A COMPANY.BY MAYANK VASHISHTA The man who will use his skill and constructive imagination to see how much he can give for a dollar, instead of how little he can giv

Challenges for Auditor in Companies Act, 2013

Posted by CA. Atul Khurana 11 April 2015 20259 Views

Overview to the Companies Act, 2013:The new Companies Act (hereinafter referred as COMPANIES ACT 2013) is replacing old Companies Act, 1956The Companies Act 2013 makes comprehensive provisions to govern all listed and unlisted companies in the countr

Shifting of registered companies under Co. Act,2013

Posted by CS DHANAPAL 06 April 2015 18068 Views

PROVISIONS AND PROCEDURE RELATING TO SHIFTING OF REGISTERED OFFICE UNDER THE COMPANIES ACT, 2013 Provisions regarding registered office of a company are primarily contained in Section 12 of the Companies Act, 2013. As per Section 12, every company i

Incorporation of One Person Company- A Practical approach

Posted by CS Kundan Mishra 06 April 2015 62372 Views

Incorporation of One Person Company- A Practical approach- CS Kundan Kr. MishraIntroductionThe Upper House of Parliament (Rajya Sabha) on August 8th, 2013, passed the Companies Bill, 2012 with some amendments.The Minister of State (Independent Char

Cash flow statement (CFS) is mandatory as per the CA, 2013

Posted by CA Pankaj Kr Agrawal 06 April 2015 36929 Views

Companies Act 2013 - Financial Statements to include Cash Flow Statement and Statement for Changes in Equity The Companies Act, 2013 (the Act or New Act) brought in many changes which directly impact preparation of financial statements and require un

Checklist for shifting of registered office from one state to another

Posted by CS Bharathi G Karthikeyan 06 April 2015 30443 Views

Shifting of Registered office from one state to another state:SEC 12, 13 of Companies Act 2013a) Board Meeting, a Special notice to memebers aong with expl statement U/S 173b) Holding a GM and filing a copy with registrar in 30 daysc) application to

Loans from directors, relatives, members for Pvt. Ltd. companies

Posted by CA Sripriya K 01 April 2015 19852 Views

In what will be seen as a major relief to Private Limited Companies, the MCA has finally clarified that amounts received by Private Companies ( prior to April 1, 2014 ) from Members, Directors or their relatives prior received prior to April 1, 2014

MCA Circular 30/3/15- repayment of deposits u/s 74 waived?

Posted by Shree 01 April 2015 25486 Views

MCA has issued a Clarification vide General Circular No. O5/2O15 dated 30th March, 2015, regarding applicability of Companies (Acceptance of Deposits) Rules, 2014 to amounts received by Private Limited Companies from their members, directors or their