Corporate Law Articles

XBRL An effective tool

Posted by CS Pankaj Khanna 04 October 2011 7045 Views

XBRL- Providing A Big Leap In Financial World With the advent of XBRL the process can be expected to be smooth and will be beneficial in the long run. The management of the company,

Buy Back of shares - Who is benefited the most?

Posted by CS Advocate Abhishek Goyal 29 September 2011 32761 Views

BUY BACK OF SHARES- WHO IS BENEFITTED THE MOST? CS Abhishek Goyal As we are aware, Indian companies were not allowed to repurchase its own securities prior to coming into force of Companies (Amendment) Act, 1999. The said amendment inserted new s

Subsidiaries under section 397/398 of Companies Act, 1956?

Posted by Durga Rao 21 September 2011 15700 Views

It is very frequently alleged that the remedy available to shareholders under section 397/398 of the Companies Act, 1956 is not effective. There are several issues to say as to why the remedy available to the shareholders under section 397/398 of

Snapshot of Independent Director

Posted by CS Pankaj Khanna 20 September 2011 6319 Views

INDEPENDENT DIRECTORS A Snapshot. The new legislation may require an independent director to have understan

Forfeiture of Shares

Posted by CS Ankur Srivastava 19 September 2011 99737 Views

While making calls the following basic requirements must be satisfied: (i) For each call at least 14 days' notice must be given to members. (ii) Stock exchange(s) shall be advised of the proposal a

All about rights, duties and liabilities of a Director

Posted by G S Rao 12 September 2011 319736 Views

All about rights, duties and liabilities of a Director INTRODUCTION: Prosecution of Mr. Keshub Mahindra, for the Bhpoal gas tragedy which resulted in loss of several lives, sent shock waves in the Corporate world. Mr. Kesub Mahindra was non Executi

MCA's initiative to speed up winding up

Posted by Nidhi Ladha 30 August 2011 9751 Views

The Faster way to Corporate Death MCA initiates Measures to Speed-up Winding Up Team Vinod Kothari & Company vinodkothari@vinodkothari.com/ nidhiladha@vinodkothari.com Question 1: How long does it take to form a company? In older days, near

Insider Trading - An Overview (Part I)

Posted by CMA. CS. Sanjay Gupta 29 August 2011 39577 Views

Meaning of "Insider" An insider is understood as a person having control over the management of affairs of the corporation and who has deep insight into the affairs

Write up on Company Law Settlement Scheme, 2011

Posted by CS DHANAPAL 17 August 2011 16507 Views

S.DHANAPAL & ASSOCIATES Practising Company Secretaries Chennai WRITE UP ON COMPANY LAW SETTLEMENT SCHEME, 2011 AND FAST TRACK EXIT MODE FOR DEFUNCT COMPANIES

Filing of Balance Sheet in XBRL Format and practical aspects

Posted by CS Ankur Srivastava 12 August 2011 57929 Views

FILING IN XBRL FORMAT AND ITS PRACTICAL ASPECTS As such, following class of companies are required to file their Balance Sheet and Profit and Loss Account in XBRL Format:-