Corporate Law Articles

Secretarial Audit - Companies Act 2013

Posted by KASHIF ALI 05 March 2015 12008 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

Mortality of independent directors

Posted by Sundharesan Jayamoorthi 11 March 2015 10242 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

Companies Act, 2013- Sec 128 books of accounts

Posted by CA Sripriya K 26 February 2015 78186 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 6241 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 7767 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 24149 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 5666 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 21642 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

Charges under companies act, 2013 | An analysis

Posted by shivaji prasad bhimavarapu 09 April 2021 88403 Views

The CHARGES under the Companies Act 2013 are governed by the Sections 77,78,79,,89 and the Rules 2014.Relevant forms for charges are CHG-1 to CHG-10 (Totally 10 Forms)WHAT IS A CHARGE:The company may bor

Cognizance to Ind-AS in India by introducing new CA 2013

Posted by Vivek Sharma, ACA 24 June 2016 26501 Views

Introduction: India has principally agreed to the implementation of Ind -AS by revamping Schedule VI of Companies Act 1956 being the first constructive step in the journey. Many of the new insertions and amendments in Companies Act 2013