Corporate Law Articles

FAQs on Fast Track Exit Mode

CA Harish Negi 21 February 2013 at 11:29

Hello friends following are the frequently asked questions on Fast Track Exist. 1. What is Fast Track Exit (FTE) Mode? Ministry has issued Guidelines for "Fast Track Exit (FTE) Mode" to give opportunity to the defunct companies to get

Procedural Checklist for effecting transfer of shares of the Company

Ajay Mishra 21 February 2013 at 11:29

INTRODUCTION The word 'transfer' is an act of the parties by which title to property is transferred from one person to another. Under Section 82 of the Companies Act, 1

Steps for Formation of a Company

Aman 20 February 2013 at 11:49

Steps to be taken to get a new company incorporated: 1. Select, in order of preference, at least one suitable name upto a maximum of six names, indicative of the main objects company. 2. Ensure that the name does not resemble the name of an

Directors Beware

CMA. CS. Sanjay Gupta 20 February 2013 at 11:49

Number of companies in which a person can hold the office of a director Section 275 (Read along with Section 276, 277, 278 & 279) of the Companies Act, 1956 Vs. Clause 165 of the Companies Bill 2012 A comparison of old and new provisions

Compromises & Arrangements under Companies Act

CS DHANAPAL 16 February 2013 at 08:32

Mergers and acquisitions have always been a topic of corporate interest in the modern times. The complexity of the laws governing these modes of corporate restructuring makes them even more intriguing and mystifying. Chapter V comprising of Sections

Interested Director - Companies Bill, 2012

Venkatesan.k 11 February 2013 at 12:55

Some interesting concepts worth noting in Companies Bill, 2011 which has now been passed in the Lok Sabha on 18th December 2012, and been submitted with the Rajya sabha. If it is passed by Rajya Sabha, it will move to the Secretariat of the Hous

One Person Company- A New Business Ownership Concept

KCJM and Associates 07 February 2013 at 11:30

The Companies Bill 2012, passed by the Lok-Sabha introduces a new form of Company by the name of One Person Company (OPC). Its concept is parallel to the existing concept of Sole-proprietorship whereas it shall be recognized as separ

Companies Act 1956 Vs Companies Bill 2012

CS Advocate Abhishek Goyal 06 February 2013 at 11:44

COMPANIES BILL 2012 Vs COMPANIES ACT 1956 PROVISIONS RELATING TO ACCEPTANCE OF DEPOSITS BY COMPANIES-AN ANALYSIS CS Abhishek Goyal Intro

NFRA to encroach ICAI's territory

Rajavardhan.A 25 January 2013 at 18:10

NFRA to encroach ICAI's territoryOur beloved Institute of Chartered Accountants of India(ICAI) is the world's 2nd biggest accounting body and the one with constitutional powers of framing & governing accounting practices in India. Ministry of Corpora

Major Highlights of Companies Bill, 2012

CS DHANAPAL 25 January 2013 at 18:10

Companies Bill, 2012, after a very long journey and with many stumble blocks, has finally seen the light of day in Lok Sabha. After much speculation and eagerness on the subject, Lok Sabha finally approved the Bill on the night of 18th December, 2