Corporate Law Articles

5 Easy steps to convert Private Limited Company into LLP

Posted by JOY SHARMA 21 January 2015 24069 Views

5 Easy steps to convert Private Limited Company into LLP .STEP 1:- Decide PartnersAs only members can be the partners of proposed LLP. At least 2 partners should be designated partner. In case of Body Corporate who was the member of

Incorporation of a private limited company under Co. Act,2013

Posted by CS Umesh Navani 19 January 2015 22929 Views

The Companies Act, 2013 has put more formalities on incorporation of a company. Consequently, the cost for incorporation of a company has increased. Following is the process for incorporation of a private Limited company. Step 1-Procuring Director Id

Meeting of Independent Directors under Schedule IV of Companies Act 2013

Posted by Sundharesan Jayamoorthi 13 January 2015 79120 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 61118 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

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

Posted by Sundharesan Jayamoorthi 08 January 2015 14117 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

Section 143 Powers and Duties of auditors

Posted by Anjana Ahuja 08 January 2015 18650 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

Procedure of increase in authorised share capital and private placement

Posted by ACS MD SOHEB ALAM 05 January 2015 15332 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 29661 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 28172 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 27151 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