CAclubindia Articles
Role Of Company Secretary
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
Note on Revised Schedule VI: Shareholders' Funds
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
Clause 41 of the Listing Agreement: A synopsis
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
Recent VAT Amendment in State Budget
Changes in MVAT Act 2002 by the budget A. CHANGES IN TAX RATES : MVAT : 1. The exemption to wheat, rice, pulses and their flours, turmeric, chillies, tamarind, gur, coconut, cumin seeds, coriander seeds, fenugreek and parsley (Suva
Fast Track Exit
Who can apply? (i) has not commenced any business activity or operation since incorporation; or (ii) is not carrying over any business activity or operation for last one year before making application under FTE. (i
SEBI (SAST) Regulations 2011
SEBI (Substantial Acquisitions of Shares and Takeover) Regulations 2011 In the wake of India emerging as one of the fastest growing economies in the world, Mergers & Acquisitions (M&A) have become one of the most common types of res
Suggestions for Consideration for New Industrial Policy
The following suggestions may also kindly be considered while finalizing the New Industrial Policy for the state/country:- 1) Abolition of the concept of minimum charges and minimum contract period in power supply agreements by State Electricit
Share Valuation in Merger
Today merger & acquisition are very common. In Indian Company Law Merger & Acquisition are governed by section 391-394 of the Companies Act, 1956. For this Honble jurisdictional High courts permission has to be obtained for sanction o
Grab your Opportunity as it knocks
Knock Knock.Who is it?It is me Opportunity.What! Opportunity?But,wait a minute. No. You aren't opportunity.Yes I'm.No you aren't. Because opportunity knocks only once. But you have knocked twice.A simple story to con
Determination of Rate of Service Tax
As rate of Service Tax has increased to 12.36% from existing rate of service tax 10.30% from 01.04.2012 so here I am sharing the point of taxation (POT) in such circumstances which must be considered by assessee while issuing invoice. Service was
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