Under Companies Act,2013 A company can raise funds via 3 means :- Deposits. Loans. Capital. The Deposits and loans has already been discussed earlier in other Blogs Deposits : - A
Chapter VAcceptance of Deposits by Companies Prohibition on acceptance of deposits from public.Sec 73(1) After commencement of this Act, Company has to invite, accept or renew deposits in manner as provided in this chapter. Provided
Definitions: Deposit Section 2(31) of CA,2013 deposit includes any receipt of money by way of deposit or loan or in any other form by a company, but does not include such categories of amount as prescribed in the ru
Dear All, As per my understanding procedure for Increase in Authorize share Capital is one of the most frequently searched topics by professionals. An attempt has been made from my side to unlock the provisions of Companies Act, 2013 related to Incre
Section 185 & its reference with Section 186 of Companies Act, 2013 Section 185 of the Companies Act, 2013 which has been notified on 12th September 2013 corresponds to section 295 of the Companies Act, 1956 which deals in loan to directors. This
Companies Act 2013 Impact on DepreciationWith the advent of Companies Act, 2013, the method of Depreciation has also changed where Schedule II has replaced Schedule XIV.The difference between WDV and SLM have been removed with the advent of
The Companies Act, 2013 (the Act) has changed the role of auditors in companies, seeking greater transparency and corporate responsibility. Past serious financial frauds and scandals especially Satyam Scandal has exposed glaring gaps in
There are around twenty one statutory registers to be kept by companies pursuant to the Companies Act, 2013. All the registers, records, minutes, books and paper, documents etc. (herein after collectively mentioned as the records) to be
ISSUE OF SHARES BY PRIVATE LIMITED COMPANIES As per section 23 of the Companies Act, 2013 (the Act) a private company may issue securities- by way of rights issue or bonus issue or through private placement In case of private company ei
The entire concept of charging depreciation to fixed assets has been evolved as per the new act. Schedule XIV of the old Act specified minimum rates of depreciation to be provided by a company. Unlike that, Schedule II to the 2013 Act requires syste
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