CAclubindia Articles
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
Getting relief from DRT under SARFAESI Act, 2002
It would be clueless for the professionals at times in answering the queries of the borrowers facing proceedings under The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. If the
Books of Account u/s 209 of the Companies Act,1956
Introduction Section 209 is one of the most important sections in the Companies Act, 1956. This section deals with the requirements of maintenance of books of accounts and penalties for non compliance. A detailed analysis of the provisions of Sect
Procedure for Appointment/Re-Appointment of Cost Auditors
Ministry has reviewed the existing procedure followed by the companies seeking prior approval of the Central Government for appointment of cost auditor under section 233B(2) of the Companie
Revised Schedule VI - Paradigm shift and Impact
The Revised Schedule VI which is to come with effect from 1.4.2011 is intended to mandate a presentation format which will facilitate showing what would have been accounted under the upcoming I
IFRS- Impact on Country's GDP
IFRS: Impact on the Countrys GDP IFRS (International Financial Reporting Standards) is not just a corporate subject but something which is of national interest. As the world turns into a Global village it is difficult for a co
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