Corporate Social Responsibility (CSR) new hot topic introduced by Companies Act, 2013.Many times we have heard about CSR but what exactly it is let us now understand. What is CSR ? As a layman if we explain it t
Penalty upto 2 crores: Private/Public Ltd. Co. will not be able to receive share application money in cash, utilize share application money for business & will have to open separate a/c for share application Many of the private limited compani
Corporate greed & corruption witnessed in the Rs. 1.76 lacs crore 2G scam, which involved many large businesses last year only got bigger this year with a host of other cases grabbing the limelight. Be it the much bigger Rs.1.86 lacs coal scam,
Many corporate including Pvt Ltd Cos have other related group companies and they transfer money to & from other company as and when require. Stop doing th
I know about voluntary winding up, tell me the cases in which there is compulsory winding up? 1. Default is made in holding statutory meeting and filing report (winding up at courts discretion). 2. Business is suspended/not commenced f
I want to know about collateral held by the banks. What if a borrower fails to repay loan and his collateral seized? Disposal of asset within 7 years or (12 years if extended by RBI) by the bank. What if banking company want to use that asset for bu
Introduction: Although the constitution of India has granted men and women equal rights, we still find that employment of women is not preferred. Thus opportunities for women are limited for e.g., women are not preferred in Army /Air force in cert
Given below are some of the common questions asked regarding the maintenance of Books of Accounts of the company. Where the books of account should be kept? 1. At registered place. 2. At any other place, only if, Board resolution is passed
Given below are the some of the common questions asked regarding the audit of the company. What if auditor is taking audit to fetch personal gain in a company? Thats why there is a limitation imposed by CG prohibiting the appointment of audi
RELATED PARTY TRANSACTIONS UNDER NEW COMPANY LAW New Companies Act, 2013 emphasis on the Related Party Transactions and the manner of approval & disclosure thereof. Under section 188, consent of Board of Directors of company or in certain ca
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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