Corporate Law Articles

New provisions applicable wef 1st April under Co Act 2013

CA Nitesh Kumar More 04 April 2014 at 11:43

1. Now, the Appointment of Company Secretary is required only for Public Limited Companies having paid up capital more than 10 Crores whereas Private Limited Companies are exempted from appointment of Key Managerial Personnel. 2. Form MGT 7: Annual R

Companies Act, 2013: Analysis relating to Audit & Accounts

Mohit Jain 04 April 2014 at 11:42

Basis Provisions of Companies Act, 2013 Final rules Remarks/Difference vis--vis draft rules Relating to Audit and Auditors Chapter-X [Companies (Audit and Auditors) Rules, 2014] Manne

Companies Act - 2013: Internal Audit

CA. Amit G. Chandani 03 April 2014 at 11:56

With the implementation of Companies Act, 2013 the Ministry of Corporate Affairs has notified the provisions related to Internal Audit of Companies w.e.f 01st April, 2014. I nternal Audit: The Companies Act, 2013 has given statutory rec

Meetings under Companies Act, 2013

Raju Balodi 01 April 2014 at 11:05

GENERAL MEETING: AGM (Sec 96 & 97) Applicability: Every Company other than One Person Company. Key Provisions: Every Company to which this section applies shall hold its 1st AGM within 9 months from the closure

All about Company's Directors

CA. Kapil Goel, DISA(ICAI) 01 April 2014 at 11:05

The term "Director" refers to a rank in management of the company. A director is a person who leads or supervises a certain area of private or public limited company. Companies that use this title often ha

Loan to Directors and other entities under the new regime

CS DHANAPAL 28 March 2014 at 12:44

Restriction on granting of loan to its directors by a company and other entities in which directors are interested has been one of the most touching issues in the Companies Act, 2013, since 12th September 2013, when Ministry of Corporate Affairs noti

Buy-Back of Securities (Unlisted Public Co. & Private Co.)

Sagar Gupta 21 March 2014 at 12:15

Buy Back of Securities is a boon for Companies who wants to reduce their Share Capital. First of all, here are few preliminary notes of Buy Back: • Introduced by ‘The Companies (Amendment) Act, 1999 • Governing Sections of Companies A

Co. Act 2013 - Impact on Listed Companies

CS DHANAPAL 21 March 2014 at 12:14

COMPANIES ACT 2013IMPACT ON LISTED COMPANIES Companies Act, 2013 in its fervor to enhance disclosures, reporting and transparency has introduced a number of new compliance norms for listed companies. The Act not only imbibes the spirit of listing agr

Corporate Social Responsibility (CSR)

P ESWARAMOORTHY 18 March 2014 at 15:19

DEFINITION The world Business Council for Sustainable Development has proposed a definition of CSR as : Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to the economic development while impr

Sweat Equity Shares under Co. Act, 2013

CS DHANAPAL 18 March 2014 at 11:25

Sweat equity shares means such equity shares as are issued by a company to its directors or employees at a discount or for consideration, other than cash, for providing their know-how or making available rights in the nature of intellectual property