Corporate Law Articles

Punitive Provisions relating to Statutory Auditors Under Companies Act, 2013

CS DHANAPAL 25 July 2014 at 12:38

Companies Act, 2013 seems to have laid lot of emphasis on audit which is evident from the fact that it has prescribed four different kinds of audits for companies, namely, Financial Audit, Internal Audit, Secretarial Audit and Cost Audit. In its purs

Key Managerial Personnel under Companies Act, 2013

CS DHANAPAL 24 July 2014 at 11:47

Companies Act, 2013 (Act) has introduced many new concepts and Key Managerial Personnel is one of them. While the Companies Act, 1956 recognised only Managing Director, Whole Time Director and Manager as the Managerial Personnel, the Companies Act, 2

Useful Corporate Board Resolutions under Companies Act, 2013

Ankur Garg 24 July 2014 at 11:46

Dear Professional Colleagues, Please find below a useful corporate article containing some useful sample board resolutions required under Companies Act, 2013, dedicated to professional fraternity looking after corporate affairs of their Company/Firms

A re-look on the Section 93 of the Companies, Act, 2013

Shashikant Sharma 23 July 2014 at 12:45

CHANGE IN SHAREHOLDING OF PROMOTERS OF THE COMPANY:Section 93 of the Companies Act, 2013 (the Act) mandates that every listed companies shall file with the Registrar with respect to change in the number of shares held by promoters and t

Small Listed Companies : An undesirable element in Indian corporate sector

manoj sethia 23 July 2014 at 12:44

Recently small listed companies (SME listed Companies) have been loaded with heavy compliance responsibilities. These small listed companies having shareholder less than 1000 shareholders and mostly listed on regional stock exchanges, consist of comp

Recent Amendments in Listing Agreement

CS DHANAPAL 23 July 2014 at 12:44

Consequent to the enactment of Companies Act, 2013, Securities and Exchange Board of India (SEBI) has announced some amendments in the listing agreement vide its Circular Number CIR/CFD/POLICY CELL/2/2014 dated 17th April, 2014. More specifically, am

Procedure for resignation of Director under CA, 2013

Ankur Garg 23 July 2014 at 12:44

Dear All, As we are aware that Companies Act, 2013 is already in force from April 01, 2014, and every professional is trying his/her best to unlock and decode the provisions of Companies Act, 2013. In this regard an attempt has been made from my side

Is Secretarial Audit Mandatory for Financial Year 2013-14?

KASHIF ALI 22 July 2014 at 16:50

SECRETARIAL AUDIT UNDER COMPANIES ACT, 2013 WHAT IS SECRETARIAL AUDIT? Secretarial Audit has introduced by recently enacted Companies Act, 2013. It is compliance audit, by independent practicing company secretary. The purpose is to

Intimation to ROC for Auditor appointment in Form ADT.1

Ankur Garg 22 July 2014 at 16:49

Dear All, As we all are aware that there is a provision in Company Law for intimation to Registrar of Companies regarding appointment of statutory auditor in the Annual General Meeting by shareholders. This intimation is an annual intimation and it w

Audit and Auditors under CA,2013

Saurabh Maheshwari 21 July 2014 at 11:44

Hello friends, greetings of the day!!In this article we will be discussing the various provisions of Companies Act, 2013 w.r.t Audit and AuditorsBrief note on legal provisions governing statutory audit under CA, 2013:The provisions of section