CAclubindia Articles

Power of company to Purchase its own securities (Buy-Back)

Posted by CS M.Kurtrala Nathan 02 June 2014 6387 Views

Section 68 of the companies act 2013 and Companies (Share capital and Debentures) Rules,2014 deals with the power of company to purchase its own securities.Sources of Buy Back:A company may purchase its own shares or other specified securities out

We are abusing logic to our own peril

Posted by CA Anil Garg 02 June 2014 5434 Views

We believe that Indians are next to none in caliber. Individually, Indians are easily discerning in their intelligence which made Obama caution his countrymen to be wary of Indians and Chinese who are cornering most of higher education seats. But col

Secretarial Audit - An Overview

Posted by Guest 31 May 2014 16810 Views

Introduction: Secretarial Audit is a process to check compliance with the provisions of various laws and rules/regulations/procedures, maintenance of books, records etc., by an independent professional to ensure that the company has complied with th

List of Resolutions to be filed with ROC in form MGT.14

Posted by Ankur Garg 31 May 2014 465407 Views

Dear Professional Colleagues, An attempt has been made from my side, through this brief write up, to list out the resolutions and Agreements which are required to be reported to ROC through filing of form-MGT.14 as desired by Section-117 of the Compa

Loan given by Holding Co. to Subsidiary Co. does not always attract Sec.185

Posted by CA Nitesh Kumar More 31 May 2014 18023 Views

There is a general conception that if subsidiary co do not utilize loan given by its holding co for its principal business, provisions of sec 185 is attracted each & every time. In other words, if loan given or guarantee given or security provide

Hedging: A Few Simple Considerations

Posted by Hetvi Sheth 31 May 2014 8915 Views

With the market uncertainty, risk management has always been a major concern for the corporate world. CFOs and finance managers go through sleepless nights in trying to manage risks and face challenges and decisions on daily basis since no one knows

How to Deal with "Real Exams of Life"

Posted by CA CS CIMA Prakash Somani 29 May 2014 17456 Views

Before I start saying anything, I want to ask you a question! What are the real exams of life? Someone will say School, Collage, CA, CS, CIMA Exams, the list is never ending however I would say THE LIFE ITSELF IS A REAL EXAM (My words). Agreed! Yes,

The Simple Expectations From New Hon'ble FM

Posted by CA Satish Badve 29 May 2014 9014 Views

When the new Finance Minster takes oath, I started thinking my expectations which are not fulfilled since long. These expectations are not require any provision in the budget, any allocation increase, any allotment in Five Year Plan. However, will r

Procedure for appointment of Additional Director in CA 2013

Posted by Ankur Garg 29 May 2014 367374 Views

Dear All, As we are aware that Companies Act, 2013 is already in force from April 01, 2014, and every professional is trying his/her best to unlock and decode the provisions of Companies Act, 2013. In this regard an attempt has been made from my side

Terms & Conditions & Concurrent Audit of Banks

Posted by CA Satish Badve 29 May 2014 10659 Views

The Concurrent Audit of the banks has almost 15 years old now. Earlier days It was just an allotment and expectations are to carry out the audit as per the con current audit simple manual provided along with the appointment. The general terms