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
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
Provident Fund scheme was started by few concerns even before the enactment of the act. The government in 1952 framed this act for the benefit and welfare of the employees. This a
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
Introduction: The Companies Act, 2013(the Act or New Act) brought in many changes which directly impact preparation of financial statements and require understanding of the new definitions and provisions relating to related party disclosures, deposit
Forex market is open 24 hours a day, 5 and a half days a week when currencies are traded worldwide electronically over the counter. This is called foreign exchange market.What are the ways of trading forex?1. Spot market: Where one party delivers an
How to file ROC 1) Why we file Return of CompaniesBecause under Companies Act every company is required to file annual return. 2) When and what information is required to file. Companies having Share Capital Companies having no shar
APPLICABILITY: With the introduction of the negative list concept since July, 2012, the scope of applicability of Service tax has increased manifold. Today, there is Service tax implication on almost every sector, and real estate is no exception. A s
Applicability of audit under MVAT Act, 2002 To whom audit is applicable? As per Section 61(1) of the MVAT Act, 2002, audit is applicable to: A dealer who is liable to pay tax and his turnover, either of sales or purchases, exceeds Rs. 6
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
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