Articles by Durga Rao

CA and CS students should lay emphasis even on advocacy?

Durga Rao 20 February 2010 at 22:06

Undoubtedly, Chartered Accountants and Company Secretaries play a very important role in the Corporate World. A Chartered Accountant can not be removed by the Company as easily as in the case of directors. A Company Secretary advises the c

Petition under section 397/398 - subsequent events - clb

Durga Rao 20 February 2010 at 22:04

Brief: As everybody knows, section 397/398 of the Companies Act, 1956 provides a relief to the shareholders of a Company if they are qualified to approach the Company Law Board under section 399. The object of sections 397/398 is to provide p

My views on effectively using CAclubIndia

Durga Rao 17 February 2010 at 11:52

I am very happy to frequently visit professional websites like CAclubIndia. As I believe, CAclubIndia provides a platform for useful discussion among the students and the professionals closely connected to Corporate World. I personally believe in

Mismanagement of Company properties - a case study

Durga Rao 16 February 2010 at 15:45

Company Law is very interesting and complicated. A shareholder having a substantial stake in the Company should be very careful as to how the Company functions and as to whether there is any chance for oppression and mismanagement.

Civil Court's Jurisdiction - Companies Bill, 2009?

Durga Rao 03 February 2010 at 16:56

We all aware that there is no express provision barring the Civil Courts to entertain certain company disputes under the Companies Act, 1956. We have been seeing the cases where the Civil Court entertains Company disputes if there is no s

Failure is not final?

Durga Rao 28 January 2010 at 14:07

Looking at CA results and imagining at the pain of my dear students who could not complete their course, I just want to expose my views on failures and want to emphasize that failure is common in everyones life, but, handling it makes all th

Challenges before proposed National Company Law Tribunal?

Durga Rao 18 January 2010 at 13:19

We all know about the dispute resolution mechanism under the provisions of Companies Act, 1956. Till 2002 amendments to the Companies Act, 1956, significantly, the dispute resolution mechanism was vested with the Company Court and the Company Law B

Will getting good marks and ranks ensure success?

Durga Rao 15 January 2010 at 12:53

Though I was thinking that my writing for CA and CS students has become more and more and I should not write for students for some time, I can not control myself as I believe that only education, younger generation, research, standards in education

Drafting Articles of Association?

Durga Rao 14 January 2010 at 23:40

Section 26 to 32 of the Companies Act, 1956 specifically deals with the issue of Articles of Association. Section 26 of the Companies Act, 1956 is as follows: “Section 26. There may be in the case of public company limited by shares a

Corporate filing - complications - Company Law

Durga Rao 13 January 2010 at 12:26

We have been witnessing tremendous improvements in technology and as everybody knows e-governance has brought far reaching changes and governance now really appears to be citizen centric. Corporate sector is also benefited so much with tech