Corporate Law Articles


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

Posted by Shree 01 April 2015 25485 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



Deposits under companies act, 2013

Posted by CS Divesh Goyal 31 March 2015 14382 Views

Deposits are crucial Topic under Companies Act, 2013. As the month of March is on its end, most of the companies which have taken loan earlier under the companies act 1956 and have filed DPT54 in this Financial year declaring that the companies has s



Process of filling of application with company law board

Posted by CS Divesh Goyal 30 March 2015 17998 Views

PROCESS OF FILLING OF APPLICATION WITH COMPANY LAW BOARDFOR EXTENTION FOR TIME OF REPAYMENT OF DEPOSITGOYAL DIVESH & ASSOCIATES,PRACTICING COMPANY SECRETARYREPAYMENT OF DEPOSIT: As per Section 74(1) (b) Every company which have deposit as on 1st



Appointment of Women Directors

Posted by Kunal R. Sarpal 28 March 2015 19180 Views

Women Directors, yeah, we really need them! Kunal, really, why do you want women ruling the Board too? My reply, why not...? It’s high time we walk the talk and start offering a board seat to all the competent ladies out there. Thanks to SEBI a



Risk Management Policy

Posted by Sundharesan Jayamoorthi 28 March 2015 62088 Views

Section 134(3)(n) - Risk Management Policy There was some relief when the regulators relaxed the reporting requirement of Internal Finance Control (IFC) under section 134(5)(e) of the Companies Act, 2013 (the Act) which is applicable for listed comp



Loan to Directors- Section 185

Posted by Monika Jain 27 March 2015 22100 Views

New Company law puts a complete prohibition on grant of loans to Directors and persons in which such directors are interested except a few exceptions. Further the section is applicable on all types of companies, be private or public. Section 185 proh



Provision relating to auditor under new Companies Act

Posted by CS Divesh Goyal 25 March 2015 20158 Views

PROVISONS RELATING TO AUDITORPROVISIONS ON AUDITORSUNDER COMPANIES ACT, 2013 I have earlier discussed the many provisions relating to auditors in my earlier articles. Earlier published articles are as following: I. Appointment of AuditorII. Resignati



Should the company re-pay the deposits

Posted by CS MOHIT SALUJA 24 March 2015 19216 Views

As the month of March is on its end, most of the companies which have taken loan earlier under the companies act 1956 and have filed DPT-4 in this Financial year declaring that the companies has such and such amo



"All" is not well - Compliance of Applicable laws is sick

Posted by Sundharesan Jayamoorthi 24 March 2015 20271 Views

The dictionary meaning of the word ALL means the whole quantity or extent of a particular group or thing and the adverb means completely, fully, entirely, totally, wholly, absolutely, utterly, outright, thoroughly. In Companies Act, 201



Penalty and punishment for auditors

Posted by CS Divesh Goyal 23 March 2015 19026 Views

PENALTY & PUNISHMENT ON AUDITORSUNDER COMPANIES ACT, 2013 A. Contravention of Provision of Section 139-146: (Attendance in General Meeting): If any provisions of this Section contravene then: Penalty on Company: The company shall be punishable wi




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