CAclubindia Articles

E-voting procedure for shareholders

Posted by CS M.Kurtrala Nathan 19 June 2014 13869 Views

Normally, the company may provide e-voting facility through NSDL or CDSL as an alternative, for all the shareholders of the company to enable them to casttheir votes electronically on the resolutions mentioned in the notice of the general meeting.

Negotiation lessons from the redbus exit

Posted by Guest 19 June 2014 13813 Views

At the time of exit to the Indian arm of the Ibibo group, Redbus had an enterprise valuation of around Rs. 600 crores (USD 125 million). Do you know what was the shareholding of its two founders Phanindra Sama and Charan Padmaraju? Less than 15 perc

Drafting, negotiating the tag along rights

Posted by Guest 18 June 2014 12478 Views

There is a whole lot of commercial lingo or jargon surrounding investment documentation, and much of it finds its way into legal agreements. Terms like drag, tag, liquidation preference, ROFO / ROFR&rs

PM Narendra Modi Needs New Fiscal System to Govern

Posted by CA Anil Kumar Jain 18 June 2014 9935 Views

(Outlined System herein below is The Solution for the Economic Revival of India) A few years back, when the world was looking at us with high expectation of growth and stability, the apathetic fiscal management severely dented the Indian economic sys

Master your ability to Focus

Posted by Shivanand Pandit 18 June 2014 13499 Views

Focus is our skill to pay attention to a focal point of interest. The ability to focus is considered as one of the most important aptitudes or attributes connected to success in life. It is necessary in school, in work and in everyday tasks and erran

Appointment of KMP under Companies Act,2013

Posted by CS M.Kurtrala Nathan 18 June 2014 24845 Views

Applicability: Every listed company and every other public company having paid up share capital of Rs.10 Crores or more shall have the following whole-time Key Managerial Personnel (KMP), (i) Managing Director (MD) or Chief Executive Office

Disallowance of input tax credit on the ground that seller is bogus or cancelled dealer- Part II

Posted by Amit Bajaj 18 June 2014 13641 Views

Another situation which in many of the cases under the Punjab VAT, which dealers are facing is the disallowance of input tax credit on the ground that the registration of seller of the goods has been cancelled or normally it is stated in the assessme

Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014

Posted by CS M.Kurtrala Nathan 17 June 2014 85641 Views

Rule 1- Short title and Commencement: These rules may be called the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. They shall come into

Postal Ballot under Companies Act,2013

Posted by CS M.Kurtrala Nathan 17 June 2014 37591 Views

Section 110 of the Companies Act,2013 and Rule 22 of the Companies (Management and Administration ) Rules,2014 deals with Postal Ballot. Postal Ballot Business: A company shall transact the following business only by means of Postal Ballo

Service Tax and VAT Jargon on Softwares and Software Licensing Simplified!!

Posted by CA Ankit Gulgulia (Jain) 17 June 2014 119254 Views

Softwares due to its very inherent nature of intangibility & deliverability have always been a matter of grey area for tax professionals and trade. This article intends to discuss the complexities surrounding the Software Industry in regard to Se