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Major Amendment regarding Share Application Money

  RG - A Helping Hand    20 December 2011 at 11:46

Dear Professionals Colleagues, It is my humble effort to update you all regarding a very important amendment in Corporate Laws through MCA Notification dated December 14, 2011. Ministry of Corporate Affairs has vide its notification dated 14.12.20



All about XBRL

  CS GURVINDER SINGH    19 December 2011 at 17:51

INTRODUCTION XML stands for extensible markup language. Extensible means language that can be extended by anyone who wants to create additional ways to use it. Markup means that XMLs primary task is to give definition to text and symbols. Lan



Position of "Auditors" under "Companies Bill, 2011"

  GAURAV SHRAWAGI    17 December 2011 at 14:59

Every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting till the conclusion of its sixth annual



Highlights of the New Company Bill tabled in Lok Sabha

  CA DHIRAJ SATNALIKA    16 December 2011 at 12:25

Highlights of the New Company Bill tabled in Lok Sabha: Corporate Social Responsibility o 2% of average profit of last three years. o Only disclosure mandatory. o Mandatory CSR committee. Auditors o



Many interim applications - section 397/398 of Companies Act

  Durga Rao    12 December 2011 at 11:52

It is known that proceedings under section 397/398 of the Companies Act, 1956 are always complicated. There will often be criticism that the jurisdiction of Company Law Board (CLB) under section 397/398 of the Companies Act, 1956 is being misused. A



FAQ on Peer Review Board

  Niyati    18 November 2011 at 12:29

ICSI Guideline No. 1 of 2011 - Guidelines for Peer Review of Attestation Services by Practicing Company Secretaries FAQs on Peer Review 1. What is Peer Review? Ans. Peer Review is a process used for examining the work performed by ones



Qualified Institutional Placement (QIP) procedure

  Victor J uruvath    03 November 2011 at 16:30

QIP means allotment of equity shares, non-convertible debt instruments and convertible securities by a listed company to Qualified Institutional Buyers (QIBs) on private plac



Interpretation of Section 274(1)(g)

  CA Pabbaraju Laxmi Narasimha    28 October 2011 at 12:08

Interpretation of SEC 274(1)(g) This article explains the typical interpretation of this section in simple terms. According to Sec 274(1)(g) of the Companies Act,1956, A director of a public company is disquali



Postal Ballot procedure U/S 192A of The companies Act

  Victor J uruvath    22 October 2011 at 15:21

PASSING OF RESOLUTION THROUGH POSTAL BALLOT As many of us are aware, Postal Ballot is a facility whereby the shareholders can vote through postal or electronic mode instead of voting in person at general mee



XBRL Advantages and Adoption by India

  Member (Account Deleted)    21 October 2011 at 11:47

XBRL Viewer XBRL Viewers help die users of a XBRL document to view it. The users can drill down to the rela




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