Articles by CS DHANAPAL

Key Managerial Personnel under Companies Act, 2013

CS DHANAPAL 24 July 2014 at 11:47

Companies Act, 2013 (Act) has introduced many new concepts and Key Managerial Personnel is one of them. While the Companies Act, 1956 recognised only Managing Director, Whole Time Director and Manager as the Managerial Personnel, the Companies Act, 2

Recent Amendments in Listing Agreement

CS DHANAPAL 23 July 2014 at 12:44

Consequent to the enactment of Companies Act, 2013, Securities and Exchange Board of India (SEBI) has announced some amendments in the listing agreement vide its Circular Number CIR/CFD/POLICY CELL/2/2014 dated 17th April, 2014. More specifically, am

Detailed Analysis of CSR under Co. Act, 2013

CS DHANAPAL 26 June 2014 at 11:35

CORPORATE SOCIAL RESPONSIBILITY INTRODUCTION Corporate Social Responsibility (CSR) has been in existence for a long time and is almost as old as civilization. It is based on the Gandhian Principle of trusteeship concept

Acceptance of Deposits Under Companies Act, 2013

CS DHANAPAL 23 June 2014 at 12:05

PROVISIONS RELATING TO ACCEPTANCE OF PUBLIC DEPOSITS BY COMPANIES UNDER COMPANIES ACT, 2013 MEANING OF DEPOSIT UNDER COMPANIES ACT, 2013 As per Section 2(31), Deposit includes any receipt of money by way of deposit or lo

Meetings & Minutes - Key Changes under the Co.Act, 2013

CS DHANAPAL 20 June 2014 at 13:08

Key Changes Under The Companies Act, 2013 BOARD MEETINGS 1. Time limit prescribed for holding first board meeting. First Board meeting to be held within 30 days of incorporation. [Section 173(1)] 2. Minimum number of meetings to be held in a year: &b

Serious Fraud Investigation Office - Salient Features

CS DHANAPAL 20 June 2014 at 13:06

Functions and Powers Companies Act 2013 provides for establishment of a Serious Fraud Investigation Office (SFIO) to investigate into the affairs of the Company on an order by the Central Government and where any case has been assigned to the SFIO, n

OPC - Salient Features under Co. Act, 2013

CS DHANAPAL 23 May 2014 at 12:12

One person company, as we know, is a new concept introduced by the Companies Act, 2013. As the name suggests, such a company is formed only with one person as its member. With notification of Chapter II of the Companies Act, 2013 with effect from 01.

Related Party Transactions under the New Era

CS DHANAPAL 05 April 2014 at 17:51

Companies Act, 2013 has unveiled a new era in the Indian Corporate Sector which places more reliance on disclosure norms rather than on approvals. One such area is related party transactions. While the Companies Act, 1956 warranted appr

Impact of Companies Act, 2013 on Private Companies

CS DHANAPAL 05 April 2014 at 17:51

Companies Act, 2013 has brought massive changes for private companies as barring a very few, all the exemptions which were available to private companies under the Companies Act, 1956 have been withdrawn in the Companies Act, 2013. In this article, w

Highlights on CSR Provisions notified on 27.02.2014

CS DHANAPAL 04 April 2014 at 11:43

Effective Date for CSR Applicability Section 135 of the Companies Act 2013, Schedule VII and the relevant rules, namely Companies (Corporate Social Responsibility Policy) Rules, 2014 have been notified to become effective from 01st Apr