Corporate Law Articles
The Pros and Cons of incorporation of OPC
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
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
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
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
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
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
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
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
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
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
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