Corporate Law Articles

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 78141 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

Much ado about nothing in section 188 (Related Party)

Posted by ANMOL JHA 24 February 2015 7744 Views

The section 188 of the Companies Act, 2013 imposes restrictions/conditions relating to related parties transactions and for the purpose of imposing restrictions and conditions the said section 188 authorizes Central Government to make rule. The Cent

Companies Act, 2013- Sch II depreciation revised

Posted by CA Sripriya K 24 February 2015 24104 Views

Schedule II of the Companies Act 2013 Depreciation is the systematic allocation of the depreciable amount of an asset over its useful life. The depreciable amount of an asset is the cost of an asset or other amount substituted for cost, less i

Main Hoon Na - CSR is not street charity?

Posted by Sundharesan Jayamoorthi 24 February 2015 5656 Views

Street Charity chant, please do charity in the name of almighty, reaction to this may be impulsive, we donate but without knowing the cause. This impulsive charity does not require the caregiver to look back on who the beneficiary is an

'Convergence - Ind AS notified (Ind AS applicability)

Posted by mayank 23 February 2015 21630 Views

With accounting having become the global language of business, the convergence with International Financial Reporting Standard (IFRS) is the need of the hour as an economic imperative for India. The Finance Minister Shri Arun Jaitley a

Companies act, 2013- Sec 139- Rotation of auditors

Posted by CA Sripriya K 19 February 2015 30494 Views

No listed company or a company belonging to such class or classes of companies shall appoint or re-appoint:- An individual For more than one term of five consecutive years An audit firm For more than two terms

Changes in boards report

Posted by CS Vasudev Sharma 18 February 2015 20498 Views

CENTURY ENKA LIMITED Comparative Ananlysis of Directors Report as per companies act, 2013 and 1956 Sr.No. Companies Act, 2013 Companies Act, 1956 1 Business/ Financial Highlights Business/ Financia

Sec 138 - companies act, 2013- compulsory internal audit

Posted by CA Sripriya K 18 February 2015 135869 Views

Introduction and Old Vs New Section 138 of the Companies Act deals with Internal Audit of Companies. This section states that certain classes of Companies shall be required to appoint an internal auditor who shall either be a Chartered Accounta