CAclubindia Articles
How Independent are you?
First of all , Wishing you all a Happy independence day! Let us thank and take a bow for our freedom fighters (Real Heroes) because of whom we are independent today! *Taking a bow and saluting* How Independent are you? Are you really Independe
CSR Under Companies Bill 2012
CSR Under New Company Bill 2012: The Companies Bill 2011 was introduced in the month of December, 2011 in the Parliament and referred to Parliamentary Standing Committee on Finance which submitted its report in June, 2012 based on which the Bill of
Waiver of Loan Interest Loss Tax and Accounting Effect
Waiver of Loan Interest Loss Tax and Accounting Effect By Notional Figure I am dissecting the Difference as a waiver of Loan and OTS amount as per below. Total Waiver- 1- On account of Principal Amount of TL- 50 CR 2- On Account
Modern Risk Management in Banks
Risk is the potential for the occurrence of a loss (potential negative effect on an asset that may derive from given processes in progress or given future events.), but importantly risk attaches to i.e. risk cannot be separated from gr
Impact of Companies Bill on a Private Limited Company
Impact of Companies Bill 2012 passed by Rajya Sabha on a Private Limited Company The maximum number of members in a private company has been increased from 50 to 200. This will definitely cheer up the corporate world as it enables the private co
Individuals allowed to invest in foreign securities
A resident individual (singly or along with another resident individual or with an 'Indian Party' as defined in FEMA Notification) satisfying the criteria as enumerated below, may make overseas direct investment in the equity shares and comp
Compounding of offences under Companies Act 1956
Section 3(38) of General Clauses Act 1897 defines offence as any act or omission made punishable by any law for the time being in force. Section 2(n) of Criminal Procedure Code 1973 (CrPC) also defines &lsq
Excessive consumer attraction to Gold
History Gold has traditionally been used as a monetary exchange mechanism in most countries, however, by the 1930s, most countries left gold standard. The USA was the last country to issue gold coins in 1932.
Analysis of provisions of Companies Bill 2012
PROVISIONS RELATING TO GOVERNMENT COMPANIES UNDER THE COMPANIES BILL 2012 Companies Bill 2012 which seeks to replace the Companies Act of 19 56 has brought with it dramatic changes in almost all arenas of company administration and management. The
Fraud under provisions of Companies Bill 2012
STRINGENT PUNISHMENT FOR FRAUD UNDER COMPANIES BILL 2012 The Objective of any Company law is to help the development of Companies on healthy lines so at to attain the ultimate ends of the social and economic policy of the Government and also to eq
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