Articles by CS DHANAPAL

Registered Valuers under Companies Act 2013

CS DHANAPAL 16 December 2013 at 12:25

Registered Valuer is one among the many new concepts introduced by the Companies Act, 2013 to provide for a proper mechanism for valuation of the various assets and liabilities related to a company and to standardize the procedure thereof. This will

Board Meeting through video conferencing under Companies Act

CS DHANAPAL 14 December 2013 at 15:34

BOARD MEETINGS THROUGH VIDEO CONFERENCING In general parlance, meeting refers to formal or informal deliberative assembly of individuals called to debate certain issues and problems, and to take decisions. Formal meetings are held at definite times,

Class Action Suits under Companies Act, 2013

CS DHANAPAL 14 December 2013 at 15:34

The concept of Class Action Suits is among one of the many novelties introduced by the Companies Act, 2013. Thought the concept per se is not new but in Indian context it has found statutory recognition an

Highlights of 98 Sections of Companies Act, 2013

CS DHANAPAL 05 December 2013 at 10:49

An analysis of the important Sections! The Ministry of Corporate Affairs has notified 98 sections of the new Companies Act, 2013. These sections have come into effect from 12th September 2013. Subsequent to coming into effect of these Sections under

Corporate Social Responsibility under the Companies Act, 2013

CS DHANAPAL 03 December 2013 at 11:38

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 whereby business houses are looked upon as trust

Independent Directors under Companies Act 2013

CS DHANAPAL 03 December 2013 at 11:37

Independent directors as the name suggests are directors on Board of a company who are independent individuals, not having any other relationship or transaction with the company. The concept of Independent directors gained momentum in the late 1980s

Issue of Shares with Differential Voting Rights

CS DHANAPAL 30 November 2013 at 15:36

PROVISIONS CONTAINED IN COMPANIES ACT, 2013 READ WITH DRAFT RULES Companies Act 2013 has tightened many of the lose ropes prevailing in the Companies Act of 1956. One such area where the provisions have been made more stringent is Issue of sha

Liability of Auditors under the Companies Act, 2013

CS DHANAPAL 30 November 2013 at 15:36

Auditors, Watch Out!! Lord Justice Topes had once famously remarked that: The auditor is a watchdog and not a bloodhound. Companies Act, 2013 does not seem to echo this thought! The kind of stringent measures prescribed against auditors

Provisions relating to issue of Share Certificates

CS DHANAPAL 29 November 2013 at 13:28

PROVISIONS RELATING TO ISSUE OF SHARE CERTIFICATES UNDER COMPANIES ACT 2013 Share Certificates which are duly issued and held in compliance with provisions of law are deemed to be evidence of title of the person to the shares contained therein. It is

Enforcement & Prosecution under the Companies Act, 2013

CS DHANAPAL 27 November 2013 at 11:26

PROSECUTION AND ENFORCEMENT ARCHITECTURE UNDER THE COMPANIES ACT 2013 FOREWORD The Companies Act 1956 contains more of general penalty provisions under Section 629A. Certain penal provisions provide for imposition of penalty of fine as well as penalt