Corporate Law Articles
Further issue of share capital u/s.62 of co. act, 2013- Part-I
A company (including Private company) having a share capital can increase its subscribed capital by issue of further shares to persons who are holders of equity shares of the company in pr
Repayment of deposits u/s 74 of the companies act
Dear Professional colleagues,Have a serious look into what is stated herein with your skillful application of mind. Section 74 of the Companies Act,2013, provides that any deposit accepted before the commencement of the Companies Act,2013, needs to b
Fast track exit mode for defunct companies under section 560
Fast Track Exit mode for Defunct Companies under section 560 of the Companies Act 1956 A number of Companies registered under the Companies Act 1956 are inoperative since incorporation or commenced business but became inoperative or defunct later on
Lagaan - Is it CSR or GSR?
In the guise of Corporate Social Responsibility (“CSR”) the Government is delegating the social work in the hands of corporate; is CSR becoming a Government Shirking Responsibility (“GSR”). It is difficult to believe and compr
Critical issues under provisions of Section 149 of Companies Act, Independent Directors
Applicability: All listed Companies Every other public Company havingPaid up share Capital of Rs.10 crore or more OrTurnover of Rs.100 crore
Private Placement under Co. Act,2013
Section 42 of the Companies Act,2013 and Rule 14 of Companies (Prospectus and Allotment of Securities )rules ,2014 deals with Private Placement."Private placement" means any offer of securit
Independent Directors | An analysis
Independent Director is the one who does not have any material or pecuniary relationship with the companyIndependent Directors as per reading of section 149(6)Section 149 (6) An independent director in relation to a comp
Financial Statement,Board Report under Cos Act,2013
Section 134 of the Companies Act,2013 and Rule 8 & 9 of the Companies (Accounts)Rules,2014 deals with the Financial Statement and Board Report.Signing of the Financial Statement: The financial statement, including consolidated financial statement
Aaj ka Robin hood- CSR is it inclusive or exclusive?
A recent headline in a financial daily “Zuck slams Cook: If you cared, your products would be cheaper”. This statement may sound mean, but can mean that no entrepreneur should play the role of a modern day Robin hood. The entrepreneur sho
Frequently Asked questions on CSR
FAQ on Corporate Social responsibility as per Companies Act, 2013:1. Whether salaries paid to regular CSR staff and volunteers can be factored into CSR project cost.Ans: Yes, the above will become a part of CSR expenditure.2. Under what conditions th
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