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ICAI Elections

  PS Prabhakar    09 October 2009 at 11:35

ELECTIONS AT ICAIThis is elections time at ICAI, an institution that prides on the democracy practiced in getting members to the councils, at Central as well as Regional levels. I thought I should share some of the experiences (I was present during



TRYST WITH THE DEPARTMENT - BLOOD (PRESSURE) RAISING ROUTINE

  PS Prabhakar    07 October 2009 at 18:36

TRYST WITH THE DEPARTMENT – BLOOD (PRESSURE) RAISING ROUTINE It is not very rarely that we see our brothers and sisters in legal or medical professions go on some kind of an agitational mode to express their displeasure against certain polic



Simple Exam Preparation Tips--November 2009

  Ankur Garg    06 October 2009 at 20:20

Simple Exam Preparation Tips--November 2009 Figure out your mistake committed in the previous Examination and promise yourself to avoid them in your next exam. Focus on your Study and Goal. Try and complete your Scanner with the help of suggeste



Appointment of Managerial Personnel Analysis Part-I

  Ankur Garg    06 October 2009 at 20:19

BASIC UNDERSTANDING AND DEFINITION OF MANAGING DIRECTOR, MANAGER AND WHOLE TIME DIRECTOR 1. Managing Director [Refer Section 2(26)]In terms of section 2(26), a managing director means a director who, by virtue of an agreement with the company o



Non-compliance of provisions - Opression and Mismanagement

  Durga Rao    05 October 2009 at 14:11

Whether mere non-compliance of the provisions be construed as “Oppression” and “Mismanagement” under Company Law? It is known that section 397/398 of the Companies Act, 1956 enables the members to question the “o



JOB WORK, CENVAT & LITIGATION - GOOD JOB FOR CONSULTANTS

  Pradeep Jain    05 October 2009 at 13:46

JOB WORK, CENVAT & LITIGATION – GOOD JOB FOR CONSULTANTS The article by:CA. Pradeep JainCA. Preeti PariharSukhvinder Kaur (LLB) Introduction: - ‘Job Work’, ‘Cenvat” and ‘Litigation’ - a combination of



WHY IFRS?

  PS Prabhakar    04 October 2009 at 18:32

Why IFRS?It is the bane of our nation that for very many important issues, there is hardly any debate. For example, year after year, budgets are passed with no meaningful discussions in the Parliament. The writ of the interested few runs riot, main



The bottleneck is at the top of the bottle

  PS Prabhakar    04 October 2009 at 18:32

The bottleneck is at the top of the bottle The satirical yet succinct quote which forms the caption of this article is that of the celebrated management guru of all times, Peter Drucker, when he was driving home the point that the source of all ills



SEBI (DIP) guidelines For public issue

  Tapas Ruparelia    01 October 2009 at 12:34

Public Issue Requirements Entry Norms: Entry norms are different routes available to an issuer for accessing the capital market. I) An unlisted issuer making a public issue of equity shares or any security convertible at a later date into equity i.e



VAT's PROBLEMS AND ISSUES

  NIDHI BANSAL    30 September 2009 at 14:14

Almost three-fourths of India has adopted the VAT regime, switching off its age-old sales tax system that had existed for more than 50 years. However, due to certain political and other considerations, some of the states have not joined the bandwagon