Corporate Law Articles

Director report under Companies Act, 2013

Posted by CS Divesh Goyal 20 April 2015 29499 Views

Report of Board of Directors should be ATTACHED to the Balance Sheet laid before the AGM. A directors report is intended to explain to shareholders, the companys affairs, including its subsidiaries and the nature and scope

Compliance related to change of name

Posted by RAHUL KUMAR 20 April 2015 12374 Views

ALTERATION IN THE NAME CLAUSE1. Section 13(2 )Provides that any change in the name of a company shall be subject to the provisions of sub-sections (2) and (3) of section 4 and shall not have effect except with the approval of the Central Government

The Pros and Cons of incorporation of OPC

Posted by CS MOHIT SALUJA 17 April 2015 13480 Views

THE PROS AND CONS OF INCORPORATION OF ONE PERSON COMPANY (OPC) With the enactment of Companies Act, 2013 w.e.f. April 1, 2014, a new concept called “ONE PERSON COMPANY (OPC)” also came into existence. The legislature were of the view that

CSR- Companies Act, 2013

Posted by CS Divesh Goyal 16 April 2015 23009 Views

Presently Corporate Social Responsibility (CSR) expenditure is at the discretion of the corporate however after enactment of Section 135 of Companies Act 2013 such expenditure is made mandatory for certain corporate. Corporate Social Responsibility (

The Companies (Auditor's Report) Order, 2015

Posted by RAHUL KUMAR 16 April 2015 20528 Views

The MCA has issued Companies (Auditor's Report) Order,20l5. It shall come on to force 10 th april 2015ELIGIBLE COMPANY FOR CARO 2015 S.No. COMPANY ELIGIBILTY 1 Every company including a Foreign company

Various forms prescribed under The Companies (Incorporation) Rules 2014

Posted by CS ( Dr.) Rajeev Babel 14 April 2015 17125 Views

The companies (Incorporation) Rules, 2014 has provided various forms relating to the incorporation of company. The table given below provides, at a glance look, of the forms prescribed under the said rules along with the relevant sections of the Comp

Component Accounting - Tangible Fixed Assets

Posted by CA Surendra Bhatt (ACA,DISA) 13 April 2015 59606 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 16149 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 10459 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 20296 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