Articles by CS Divesh Goyal

Annual filing under companies act 2013

CS Divesh Goyal 07 December 2015 at 17:40

After Completion of one year of Companies Act, 2013 now it is the high time for the members to start work on Annual Return (MGT-7) and Director Report. The last date for E-filling of company�s Annual Returns and balance Sheet under Companies Ac

Appointment of auditor in case of non-ratification of auditor

CS Divesh Goyal 04 December 2015 at 10:22

Provision of Ratification of Auditor: {First Provision of 139(1)}Act Language: The Company shall place the matter relating to such appointment for Ratification by members at every Annual General Meeting.Rule 3(7) Proviso: Appointment of Statutory Au

Appointment of auditor in case of casual vacancy

CS Divesh Goyal 03 December 2015 at 12:36

REASONS FOR CASUAL VACANCY:There are two reasons of Casual Vacancy of Auditor: Casual Vacancy due to reason other than Resignation of Auditor. Casual Vacancy because of Resignation of Auditor Sectio

SEBI Listing Regulation 2015 - Common obligations of listed entities

CS Divesh Goyal 30 November 2015 at 10:29

Presently, a private agreement between Stock Exchange and listed company govern all listing obligation and disclosure requirement. This listing agreement like any other agreement among parties creates civil obligation in case of any violation of the

Loan to director as per Sec-185

CS Divesh Goyal 27 October 2015 at 10:18

AS PER SECTION 185: No Company ( Private & Public)� Directly or Indirectrly� Advance any loan, including book debt,� to any of its directors or to a whom the director is interested� Any guarantee or provide any security in con

How to prepare annual return as per Companies Act 2013

CS Divesh Goyal 21 September 2015 at 10:53

INTRODUCTION:Section 159,160,161,162 & Schedule V deals with the Annual Return & related Provisions under Companies Act, 1956. But in Companies Act, 2013 all these Sections are combined together in one Section namely � 92.Annual return

Professional involvement in preparation of annual return

CS Divesh Goyal 17 September 2015 at 11:36

Annual return is an important document, designed to provide information to stakeholders about the company, promoters, members, meetings and remuneration of directors and key managerial persons (KMP).The intention of legislation under Companies Act, 2

Conversion of public limited company into private limited company

CS Divesh Goyal 24 August 2015 at 09:59

Keeping in view the relaxations provided to a Private Company, many public companies have converted into Private Companies or in the process of such conversion. Through this brief write up an attempt has been made to unlock the technicalities related

Acceptance of deposit from members in case of private limited company

CS Divesh Goyal 20 August 2015 at 10:21

BACKGROUND:Loans are the major source of funding for most of the Companies apart from their Share Capital. Companies borrow from various sources like banks and various other financial institutions. Whereas,Public Limited Companies borrow from mass pu

Process for conversion of OPC into private limited company

CS Divesh Goyal 18 August 2015 at 16:45

BACKGROUND:The Introduction of One Person Companyinto the legal system is a move that wouldencourage the entrepreneurs enters intocorporate world. This will not only enableindividual capabilities to contribute economicgrowth, but also generate employ