Corporate Law Articles


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 41253 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 83013 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 30625 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



Secretarial Audit - Companies Act 2013

Posted by KASHIF ALI 05 March 2015 11969 Views

SECRETARIAL AUDIT Secretarial Audit is introduced by recently enacted Companies Act, 2013. It is a process to check compliances made by the Company under Corporate Law & other laws, rules, regulations, procedures etc. It is a mech



Companies Act, 2013- Sec 128 books of accounts

Posted by CA Sripriya K 26 February 2015 78143 Views

Introduction Section 128 of the Companies Act deals with the books of accounts to be kept by the company. As per this section every company shall prepare and keep at its registered office books of account and other relevant books and papers and



Offences for which punishment for fraud prescribed u/s 447

Posted by CS M.Kurtrala Nathan 26 February 2015 6198 Views

Section 447 Punishment for Fraud: Any person who is found to be guilty of fraud Imprisonment for a term which shall not be less than 6 months but which may extend to 10




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