CAclubindia Articles


Sec 139 of Companies Act

Posted by MANSHI BAID 22 November 2023 338297 Views

SEC 139 - APPOINTMENT OF AUDITORSec 139(1)Sec 139 of the Companies Act 2013 provides that every company shall appoint an individual or firm as an auditor of the company at the first AGM . The person so appointed shall hold the office from the conclus



Penalty and punishment for auditors

Posted by CS Divesh Goyal 23 March 2015 19045 Views

PENALTY & PUNISHMENT ON AUDITORSUNDER COMPANIES ACT, 2013 A. Contravention of Provision of Section 139-146: (Attendance in General Meeting): If any provisions of this Section contravene then: Penalty on Company: The company shall be punishable wi



Women Director-Countdown Begins

Posted by Guest 23 March 2015 9768 Views

Companies Act, 2013 along with Companies (Appointment and qualification of Directors) Rules, 2014 had made it mandatory for the following class of companies to have at least one women director in their Board: a) All Listed Companies b) Every Public



We can't be serious about ease of doing business in India

Posted by CA Anil Garg 23 March 2015 9750 Views

World Bank has been reporting its Ease-Of-Doing-Business rankings for a long time showing India in a dismal light, even in comparison with its immediate neighbours or even with South East Asia averages. The fact that South East Asia itself is no big



International Tax - Case Law Analysis-2015: Series 1

Posted by CA Rohit Gupta 23 March 2015 12993 Views

International Tax Update: IndiaForeign Remittance: TDS u/s 195: Case Law Analysis 2015: Series 1Some of the important case laws published during 2015 pertaining to TDS u/s 195 and/or taxability of foreign companies/non-resident entities in respect of



Flipkart Store - All you need to know

Posted by Karan Khatri 23 March 2015 41438 Views

Now a days there is a boom in e-commerce in India. There has been many e-commerce sites like Amazon.in, Flipkart.com and Snapdeal.com. Today we are going to know much more in detail about the Filpkart store.Introduction Flipkart went live in 2007 wit



Exhange Rates Regime, trends and impact on Indian economy

Posted by Rajesh Kumar Gupta 23 March 2015 8871 Views

Exchange rates and their impact on Indian economyAs we have been reading in almost all dailies during recent times that Indian rupee has depreciated against dollar by 8% since May 2013.In this article



Persistence is the key - Very much needed before the exams

Posted by Nimish Goel 21 March 2015 21915 Views

The key of persistence shall open up any door that has been closed because of resistanceI start my mornings usually by going up to my house terrace and get a breath of fresh air. It feels really nice when cool breeze hits your face and



Compliance of internal controls

Posted by Bharath Rao 21 March 2015 22698 Views

Towards regaining public confidence In the year 2009, we have seen the investor confidence under the Indian scenario falling from Rs. 300 to Rs. 10 per share. The money so invested was systematically wiped off and withdrawn over a number of years by



Key Managerial Personnel

Posted by CS Divesh Goyal 21 March 2015 25568 Views

KEY MANAGERIAL PERSONNELSection 203 read with rules- 8 of Companies(appointment and remuneration) Rules, 2014 Companies Act, 2013 (Act) has introduced many NEW CONCEPTS AND KEY MANAGERIAL PERSONNEL is one of them. While the Companies Act, 195




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