Corporate Law Articles

Companies Act, 2013- Sch II depreciation revised

Posted by CA Sripriya K 24 February 2015 24151 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

Companies act, 2013- Sec 139- Rotation of auditors

Posted by CA Sripriya K 19 February 2015 30522 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 20524 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 135902 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

Dormant Companies - Sec- 455

Posted by CA Sripriya K 17 February 2015 24121 Views

Dormant Companies - Sec- 455 In certain cases, Companies are formed only for the purpose of holding certain assets or IPR or for a future project and such companies do not have routine accounting transactions. Further, it is also likely that certain

Section 73&76 of companies act not mandatory

Posted by ANMOL JHA 16 February 2015 28936 Views

Dear Professional colleagues,Have a serious look into what is stated herein with your skillful application of mind. Section 2(31) of the Companies Act,2013, defines deposit and according to the definition all receipts of money by a company have been