Corporate Law Articles

Meeting of Independent Directors under Schedule IV of Companies Act 2013

Posted by Sundharesan Jayamoorthi 13 January 2015 79039 Views

The Companies Act 2013 (referred as the Act) has introduced a new governance initiative that the independent directors shall meet separately without the attendance of non-independent directors and members of management. A similar clause

Applicability of provisions under Co. Act, 2013

Posted by CS Divesh Goyal 09 January 2015 61060 Views

1. Applicability of XBRL (Extensible Business Reporting): General Circular No. 16/2012 Dated: 06.07.2014. Vide Companies (Filing of documents and forms in Extensible Business Reporting Language) Rules, 2011 notified vide GSR No. 748E dated 5.10.201

Section 143 Powers and Duties of auditors

Posted by Anjana Ahuja 08 January 2015 18621 Views

Section 143 Powers and Duties of auditors and auditing standards (Relevant Rule 11, 12, 13 of The Companies (Audit and Auditors) Rules, 2014)Auditor have right to access books of accounts and vouchers of the co. and all its subsidiaries, if a

Raju ban gaya gentleman - CSR in Education or Education in CSR

Posted by Sundharesan Jayamoorthi 08 January 2015 14094 Views

CSR is the latest buzzword that matches Corporate Governance in terms of brand recall and search in most electronic media. Off late even the print media has stopped writing much on Governance; maybe with so many scams they have lost faith in the form and

Procedure of increase in authorised share capital and private placement

Posted by ACS MD SOHEB ALAM 05 January 2015 15316 Views

PROCEDURE OF INCREASE IN AUTHORISED SHARE CAPITAL AND PRIVATE PLACEMENT SI.No. Nature of Event Date of Event Documents required to be prepared ROC Form 1 Issue letter

Provisions of MAT & AMT

Posted by Shivashish 03 January 2015 29608 Views

Hello to all colleagues and my dear friends. This is my first article which summarizes the provisions of Minimum Alternate Tax (MAT) and Alternate Minimum Tax (AMT). The article gives only the theoretical insights along with example for sound underst

Conversion of company to LLP

Posted by DEEPIKA 30 December 2014 28139 Views

All movable and immovable properties of the company automatically vest in the LLP. No instrument of transfer is required to be executed and hence no stamp duty is required to be paid. Only intimation to be given to respective authorities for change o

Procedure of removal of directors under Co. Act, 2013

Posted by CS Divesh Goyal 29 December 2014 27120 Views

Power to remove directors has always been bestowed on shareholders, as we all know that at the end of the day, directors are answerable to shareholders. Nothing has changed in the procedural aspect under Companies Act, 2013 as well. Shareholders can

Limited Liability Partnership - Concept & Taxation

Posted by Sumit 27 December 2014 81010 Views

Introduction Limited Liability Partnership Act was made applicable from 01st Apr 2009 in India. However the LLP structure never became as popular as was envisaged. However, after the enactment of Companies Act there is a renewed interest in the LLP s

Nirbhaya for Laalla, Bholla & Saalla Companies

Posted by Sundharesan Jayamoorthi 26 December 2014 10522 Views

Dear Modiji We are Laalla, the Small & Medium Enterprises who have not borrowed any money from banks nor have we raised any money from public issue. We are those companies who have a small shed in an industrial suburb and are helping your dream &