Corporate Law Articles
Subsidiaries under section 397/398 of Companies Act, 1956?
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
INDEPENDENT DIRECTORS A Snapshot. The new legislation may require an independent director to have understan
Forfeiture of Shares
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
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
A practical insight to XBRL Efiling
A practical insight to XBRL Efiling Introduction to XBRL XBRL (Extensible Business Reporting Language) is another advanced reporting language of the XML family. XBRL ensures that the figures reported to government authorities and other organisati
MCA's initiative to speed up winding up
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)
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
Limited Liability Partnership
Before I get into the intricacies of LLP, let me give u a briefing of the context that led to the evolution of LLP
Write up on Company Law Settlement Scheme, 2011
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
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:-
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