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CAclubindia Articles


Postal Ballot under Companies Act and Listing Agreement

Posted by CS DHANAPAL 09 August 2014 42322 Views

"In the Indian scenario, postal ballot is a relatively a new concept which was introduced in the Companies Act, 1956 by insertion of a new Section, namely Section 192A through an amendment made to the said Act in year 2001. The Companies Act, 195



Procedure to raise capital for unlisted companies under New Companies Act

Posted by CS Divesh Goyal 08 August 2014 23763 Views

1. PROCEDURE FOR ALLOTMENT OF RIGHT ISSUE OF SHARES: Call a Board meeting by issue notice of meeting. (Draft Format Attached) Approve right issue including letter of offer, which shall include right of renunciation also.(At



Appointment of Additional, alternate and nominee director

Posted by CS M.Kurtrala Nathan 08 August 2014 13891 Views

Section 161 of the Companies Act,2013 deals with the Appointment of Additional Director, Alternate Director and Nominee Director Additional Director: The articles of a company may confer on its Board of Directors the power to appoint any person, othe



'General' audit under Service Tax Rules - Ultra Vires

Posted by CS Aditya Singhania 08 August 2014 21185 Views

General audit under Service Tax Rules Ultra Virus Delhi High Court 4th August, 2014 Rule 5A(2) of the ST Rules, 1994 provides that every assessee has to provide to the officer authorized by the commissioner or CA



Education System for Super Power India

Posted by CA Rajesh Pabari 08 August 2014 13361 Views

The moments of inspiration for this article - It was 9th July, 2014, I was checking my Facebook newsfeeds wherein I found this status update from a student Our reaction when four lectures of presentation got cancelled..Wopppppppppieeee



Related Party Transaction under Co. Act, 2013 (Sec- 184, 188 & 189)

Posted by CS Divesh Goyal 08 August 2014 52138 Views

Section: 184 Disclosures of Interest by Directors: (1) Every Director Shall disclose his by giving a Notice In Writing In Form MBP 1. - At First BM in which he participate as director AND- Thereafter, At First BM of Every Financial Year OR- Whenever,



Failure to deduct tax at source - disallowance restricted to 30%

Posted by rajat aggarwal 07 August 2014 20868 Views

As per the existing provision of section 40(a)(ia), any payment made by way of interest, commission, brokerage, rent, royalty, fee for professional services, fee for technical services, payment to a contractor or sub-contractor on which tax is ded



Minutes of proceedings of ,meetings u/s 118 of Cos Act,2013

Posted by CS M.Kurtrala Nathan 07 August 2014 8792 Views

Introduction: Section 118 of the Companies Act,2013 and Rule 25 of Companies (management and Administation) Rules,2014 deals with the Minutes of Proceedings of General Meeting, Meeting of BoD and other meeting and Resolutions passed by Postal Ballot



Analysis on Limited Liability Partnership (LLP)

Posted by Dipen Thakkar 07 August 2014 14755 Views

LLP: Limited Liability PartnershipHello Friends,It is said that Business lies in the Blood of the Guajaratis & there are different forms of running business i.e. Proprietorship, HUF, Partnership Firm, Company etc.Since last few year



No Service Tax Audit by Department or CAG

Posted by Bimal Jain 07 August 2014 14137 Views

Dear Professional Colleague,No Service Tax Audit by Department or CAGWe are sharing with you an important judgment of the Hon'ble Delhi High Court in the case of Travelite (India) Vs. Union of India & Ors. [W.P. (C) 3774/2013, C.M. No. 7065/2013] on




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