Corporate Law Articles


Section 92 - An identity crisis for promoters

Posted by Sundharesan Jayamoorthi 18 March 2015 19543 Views

Section 92 –An Identity Crisis for Promoter 92 of the Companies Act, 2013 (“Act”) require all companies including private companies to list out details in the prescribed format containing particulars as they stood on the close of t



Section 403 of Companies Act - Professionals Be Aware

Posted by Sundharesan Jayamoorthi 16 March 2015 65473 Views

Companies Act 2013 (the Act) can be one legislation that can be contrary to the most popular slogan Ease of doing business in India, it has led many corporates and professionals to re-think and re-define this slogan. With too many weird



Section 143 of Co. Act, 2013

Posted by MANSHI BAID 14 March 2015 45041 Views

POWER AND DUTIES OF AUDITOR AND AUDITING STANDARDSSEC 143(1): This section provides that the auditor of the company shall have the right to have access at all the times to the books of accounts and vouchers of the company



Wake up call for companies in the month of March

Posted by CS Divesh Goyal 14 March 2015 33146 Views

The Companies needs to ensure Compliance of following provisions during financial year, 2014115 under New Companies Act, 2013. The below list is not exhausted list and every Company needs to check the applicability of other provisions of the Companie



Pay reduced PF administrative charges

Posted by Member (Account Deleted) 14 March 2015 41254 Views

Pay reduced PF administrative chargesReduction in Rate of Administrative Charges from 1.10°/o to 0.85°/o of the pay:The Ministry of Labour and Employment, Government of India, has issued a notificationNo. S.O. 323(E) and S.O. 324(E) both dated 02.02.



Companies Act, 2013- Sec 447 & 448 - Fraud

Posted by CA Sripriya K 12 March 2015 58323 Views

1.Introduction Aspect Intent Result Punishment Sec 447 fraud in relation to affairs of a company or any body corporate, includes any act, omission, concealment of any fact or abuse of position comm



Independent Directors- How much independent in India?

Posted by Ca Jai Prakash Agarwal 12 March 2015 12425 Views

The concept of independent directors is very holy concep



Mortality of independent directors

Posted by Sundharesan Jayamoorthi 11 March 2015 10213 Views

Independent Director is an important character inside any listed companys boardroom and in some of the well-governed companies. Few decades back the independent director used to be hand picked personally by the CEO and the name was recommended



Cash flow statement (CFS) is mandatory

Posted by SAMEER AHMED 11 March 2015 83014 Views

Earlier Company act 1956 didnt include cash flow statement in the Defination of Financial statement,However as per New Company Act 2013, the Cash flow statement shall to prepare.As per Sec 2(40) for financial statement in relation to a



Expiry date for directors

Posted by Sundharesan Jayamoorthi 10 March 2015 30626 Views

March 31 is round the corner and every director has to be doubly vigilant about his existence as some of the mundane provisions listed out in the Companies Act, 2013 (Act) prescribe for a expiry date for a director in case of certain no




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