CAclubindia Articles

Transfer of Right to use goods-deemed sale or a service

Posted by Amit Bajaj 17 April 2012 87585 Views

Transfer of Right to use goods for cash, deferred payment or valuable consideration is considered as deemed sales under sub-clause (d) of Article 366(29A) of Constitution of India and also consequently under Punjab VAT Act and CST Act liable to VAT

Theory of Perception

Posted by CA Sourabh Agarwal 17 April 2012 13179 Views

Perception is the only thing what matters in life. Many times in life we want something which is in front of us but those all remain in dark light because we are unable to perceive it in true sense. Rather I must say we dont try and dare to t

Holding of Annual General Meeting beyond Prescribed Time

Posted by Dilip K Raina 17 April 2012 69445 Views

Section 166 of the Companies Act 1956: As per the requirements of Section 166 of the Companies Act 1956 every company whether a public company or private company is required to hold in addition to other meetings a meeting of its members annually c

Investigative Audit by CLB under section 397/398?

Posted by Durga Rao 17 April 2012 11057 Views

Shareholders qualifying under section 399 of Companies Act, 1956 can approach the Company Law Board under section 397/398 seeking preventive and remedial measures against the oppression and mis-management in the Company. Though, section 397/398 i

A Note on Disqualification of a Director under section 274 (1) (G) of the Companies Act, 1956

Posted by Ajay Mishra 17 April 2012 130637 Views

PURPOSE OF THE DISQUALIFICATION The Department of Company Affairs vide its General Circular No. 2/5/2001-CL.V, clarifies that the provisions of section

Inspection Books of Account and Investigation

Posted by G S Rao 16 April 2012 35764 Views

Introduction In my previous article titled Books of account under Section 209 of the Companies Act, 1956 a detailed analysis of Section 209 was made. As a sequel, I intend to cover the provisions of Section 209-A which deals with i

7 Tips of Successful Investing in the New Financial Year

Posted by Prof. Bajaj 12 April 2012 35256 Views

New Financial Year is something, not very different from a new calendar year. All of us look back at the year gone by, sigh at the mistakes made and swear not to repeat them in the new year. In India, as our financial year ends in March, and the n

Clause 41 of the Listing Agreement: A synopsis

Posted by CS Ankur Srivastava 10 April 2012 97271 Views

Clause 41 of the Listing Agreement deals with preparation and submission of Financial Results to the Stock Exchange. The Company has to disclose its quarterly and yearly results to the Stock Exchange in the following manner:- The Company has an

Note on Revised Schedule VI: Shareholders' Funds

Posted by Ajay Mishra 10 April 2012 77032 Views

The Ministry of Corporate Affairs (MCA) has prescribed a revised Schedule VI to the Companies Act, 1956 vide Notification dated 28.02.2011 which is applicable fo

Role Of Company Secretary

Posted by mohan 10 April 2012 23467 Views

v The ICSI is a premier national professional body established under an Act of Parliament namely the Company Secretaries Act, 1980 v Functions under the administrative control of Ministry of Corporate Affai