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Definition of Capital as per Company Bill, 2011
Definition of Share capital and debentures in Company Bill 2011 Equity share capital has now been defined as: Equity share capital, with reference to any company limited by shares, means: all share capital which is not prefere
Major Amendment regarding Share Application Money
Dear Professionals Colleagues, It is my humble effort to update you all regarding a very important amendment in Corporate Laws through MCA Notification dated December 14, 2011. Ministry of Corporate Affairs has vide its notification dated 14.12.20
All about XBRL
INTRODUCTION XML stands for extensible markup language. Extensible means language that can be extended by anyone who wants to create additional ways to use it. Markup means that XMLs primary task is to give definition to text and symbols. Lan
Basic Steps involving to install the Costing system
Introduction: Costing system is an important tool for Cost control and cost optimization in any type of organization. Each industry has got different type of cost involving in to the operations,
RBI Governor critiques ICAI on CPE, rent seeking, delegates
Its a habit of mine to read speeches by RBI Governor/Dy Governors to glean some insights into their way of thinking, and also generally to know what issues are generally concerning the economy. And while reading the RBI Governor's speech on Chal
Position of "Auditors" under "Companies Bill, 2011"
Every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting till the conclusion of its sixth annual
Highlights of the New Company Bill tabled in Lok Sabha
Highlights of the New Company Bill tabled in Lok Sabha: Corporate Social Responsibility o 2% of average profit of last three years. o Only disclosure mandatory. o Mandatory CSR committee. Auditors o
The Road not taken - Civil Services (Indian Revenue Services)
The hovering mind is the eternal speculator of thoughts. It barely needs rest, deploy it or else it shall find its deployment elsewhere. Thus, the mystified eloquence of a poet do I take my dear and esteemed friends attention in the midst o
Risk Management Induction Training To Business Teams
I had joined a new company and was taking the induction training. I thought it would be a good idea to get fellow participants perspective.So I asked a young employee How did you find the risk management
Simple and Effective Revision Tips for Students
As we all know revision is an important aspect of preparation of professional examination. One needs to do intelligent revision of the course as many times as possible. Reason being lack of revision may become the reason of your failure. A good revi
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