Corporate Law Articles


The Slumdog Millionaire - CSR adding value to society or the NGO

Posted by Sundharesan Jayamoorthi 16 December 2014 4911 Views

Effective April 1, 2014, there is a provision in the legislation that mandates a CSR spend. This has created a sudden hype and all my friends who have small NGOs and are presently doing a good job over the last few years are in a fix. These existing



Procedure of resignation of director

Posted by CS Divesh Goyal 13 December 2014 17545 Views

Section 168, the Companies Act, 2013: Resignation of directors Corresponding sections of the Companies Act, 1956: None this is a newly introduced section. DIRECTORS RESIGNATION UNDER COMPANIES ACT, 2013:- 1. The Director intending to resign shall s



Unless otherwise provided in the Articles

Posted by Varad Khambete 12 December 2014 18623 Views

List of sections under the Companies Act, 2013 where the liberty is given to the Company to add the given provisions in its Articles.In the Companies Act, 2013, at several places one will find wording like Unless the articles of the company ot



Phir bhi dil hai Hindustani - CSR is it an Entry in Accounts or into Heart

Posted by Sundharesan Jayamoorthi 09 December 2014 20237 Views

PhirbhidilhaiHindustaniCSRisitanEntryinAccountsorintoHeartsArticlebyjsundharesan,boardmentor&complianceguru1Corporate Social Responsibility (CSR) is contributing a portion of the profits of acompany for a cause, after April 1, 2014 it seem



Compliances for listed company under Co. Act - 2013

Posted by CS Divesh Goyal 08 December 2014 22833 Views

LISTED COMPANY COMPLIANCES Series-30 2 (52) Listed Company means a company which has any of its securities listed on any Recognized stock exchange; 23. (1)A Public Company may issue securities (c) Through a rights issue or a bonu



Draft exemption notifications on private limited company

Posted by CA Nitesh Kumar More 05 December 2014 18620 Views

1. Comments: In case of Private Ltd Companies, its holding, subsidiary or an associate company or other subsidiary of its holding company will not be treated as related party. Chapter I, sub-clause (viii) of clause (76) of section 2 shall not apply



Procedure for acceptance of deposits from members

Posted by Varad Khambete 29 November 2014 25771 Views

Dear All,Sec. 73 to 76 of the Companies Act, 2013 (CA13) & related rules govern provisions regarding acceptance of deposits by companies. I have prepared a note on procedure for acceptance of depo



Loan to director u/s 185 of Companies Act, 2013

Posted by CA SONIYA AGARWAL 28 November 2014 28271 Views

Section 185 of the Companies Act, 2013 provides for loans to directors.Section 185 now applies to all companies including private companies.A Company shall not directly or indirectly advance any loan or give any guarantee or provide security to any



Loophole in section 139 of the Co. Act, 2013

Posted by CA HEMANT SHARMA 22 November 2014 47416 Views

LOOPHOLE IN SECTION 139 OF THE COMPANIES ACT, 2013The legislature in their wisdom decided to plug loopholes of the erstwhile Companies Act, 1956 by inclusion of various new provisions to prevent frauds in the Companies Act, 2013 which were not a part



NACAS vis-a-vis NFRA

Posted by CA HEMANT SHARMA 13 November 2014 22780 Views

NACAS OF COMPANIES ACT 1956 Vis--vis NFRA OF COMPANIES ACT 2013(National Advisory Committee on Accounting Standard vis--vis National Financial Reporting Authority) As a corporate professional one should be equipped with the knowledge




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