Articles by Durga Rao

Be aware that your good work may not be appreciated?

Posted by Durga Rao 24 September 2010 12714 Views

I think that I am again bothering my dear students with my small write-up.But, as I strongly believe that the youth are going to change this country and going to take-part in making this country a super power soon, I wanted to tell my students to be

Do you know how the 'Central Bank of India' was found?

Posted by Durga Rao 03 September 2010 16259 Views

I know that many students in this country aim high despite their family background, financial strength, family commitments and plethora of other disadvantages

Why the reading of books like "Wings of Fire" is a must?

Posted by Durga Rao 13 August 2010 35367 Views

My brief below may appear not connected directly to the CA students or the profession and it is not directly related to subject also. But, I believe that it is very important to have a proper vision, plan and right thinking to achieve anything in

Most successful people today are the people who failed most?

Posted by Durga Rao 05 August 2010 51715 Views

After a long time, I take pleasure in spending few minutes for my dear students who are in distress. I know that there are people who criticize my brief and statements and critics tend to be there.

Director's responsibility for dishonour of cheques?

Posted by Durga Rao 14 July 2010 14080 Views

DIRECTOR’S RESPONSIBILITY FOR DISHONOUR OF CHEQUES? We need not go into the background concerning the usage of cheque and it is a reality now that the payments through cheque have become an indispensable part of the mercantile community and

The role of Books of Accounts - section 397 - Companies Act

Posted by Durga Rao 03 July 2010 9955 Views

The provisions of Companies Act, 1956 makes it very clear that every company should maintain proper books of accounts and should record all the transactions of the Company pertaining to sales

NCLT - Ministry of Corporate Affairs - various concerns?

Posted by Durga Rao 08 June 2010 8444 Views

I am very happy to see the judgment of the Supreme Court on National Company Law Tribunal. I have read the judgment of Justice Jayasimha Babu of Madras High Court regarding

397/398 - CLB/NCLT - concerns of various shareholders?

Posted by Durga Rao 21 May 2010 7711 Views

The Companies Act, 1956, though it requires some reforms as mooted through Companies Bill, 2009, is one of the finest legislations. Each provision or the section under the Companies Act, 1956

Why the functioning of NCLT and NCLAT is important?

Posted by Durga Rao 19 May 2010 9358 Views

Everybody knows that the legislature has proposed to constitute a special tribunal to deal with the issues under the Companies Act, 1956 through Companies (Second Amendment) Act, 2002. The constitution of National Company Law Tribunal

Supreme Court on NCLT & NCLAT?

Posted by Durga Rao 14 May 2010 9079 Views

The Challenge to the NCLT & NCALT: The five-judge Constitution Bench of the Supreme Court of India Justice KG Balakrishnan, Justice RV Raveendran, Justice DK Jain, Justice P Sathasivam and Justice JM Panchal has delivered its judgmen