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Articles by CS DHANAPAL

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Loan to Directors and other entities under the new regime

  CS DHANAPAL    28 March 2014 at 12:44

Restriction on granting of loan to its directors by a company and other entities in which directors are interested has been one of the most touching issues in the Companies Act, 2013, since 12th September 2013, when Ministry of Corporate Affairs noti

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Posted in Corporate Law  8 comments |   35817 Views


Co. Act 2013 - Impact on Listed Companies

  CS DHANAPAL    21 March 2014 at 12:14

COMPANIES ACT 2013IMPACT ON LISTED COMPANIES Companies Act, 2013 in its fervor to enhance disclosures, reporting and transparency has introduced a number of new compliance norms for listed companies. The Act not only imbibes the spirit of listing agr

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Posted in Corporate Law  7 comments |   52662 Views


Sweat Equity Shares under Co. Act, 2013

  CS DHANAPAL    18 March 2014 at 11:25

Sweat equity shares means such equity shares as are issued by a company to its directors or employees at a discount or for consideration, other than cash, for providing their know-how or making available rights in the nature of intellectual property

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Posted in Corporate Law  3 comments |   16512 Views


Bonus Issue under the Co. Act, 2013

  CS DHANAPAL    14 March 2014 at 11:53

Companies Act, 1956, does not prescribe any specific procedure or conditions for issue of bonus shares except that Table A contains provision relating to capitalization of profits. Companies Act, 2013 has detailed the conditions under Sec.63 read wit

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Posted in Corporate Law  4 comments |   48792 Views


Private Placement under Co. Act, 2013

  CS DHANAPAL    14 March 2014 at 11:52

Private placement means any offer of securities or invitation to subscribe securities to a select group of persons by a company (other than by way of public offer) through issue of a private placement offer

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Posted in Corporate Law  8 comments |   43116 Views


Roles and Responsibilities of Directors under the New Regime

  CS DHANAPAL    03 February 2014 at 13:30

Who is a Director? - An appointed or elected member of the board of directors of a company. - He has the responsibility for determining and implementing the companys policy. - A company director need not i. to be a shareholder orii. an employ

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Posted in Corporate Law  1 comments |   36273 Views


Prosecution Architecture under the Co. Act, 2013

  CS DHANAPAL    01 February 2014 at 15:55

FOREWORD MECHANISM FOR CRIMINAL PROCEEDINGS UNDER THE PRESENT COMPANIES ACT 1956 Generally at the time of scrutinizing the Balance Sheet and Other Financial Statements of the Company, if Registrar of Companies come across any lapses on part of the Co

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Posted in Corporate Law  2 comments |   12597 Views


Small company under Co. Act 2013

  CS DHANAPAL    31 January 2014 at 12:33

The concept of Small Company has been introduced for the first time by the Companies Act, 2013. The Act identifies some companies as small companies based on their capital and turnover. Most of the exemptions provided to a small company

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Posted in Corporate Law  9 comments |   39426 Views


Board's Report - Enhanced role under Co. Act, 2013

  CS DHANAPAL    31 January 2014 at 12:32

INTRODUCTION Section 134 of the Companies Act, 2013 casts a responsibility on the Board of Directors to prepare a report containing details as discussed below and this report needs to be annexed to the Financial Statements which are laid before the m

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Posted in Corporate Law  5 comments |   64524 Views


Shifting of Registered Office Outside State

  CS DHANAPAL    20 December 2013 at 15:40

Out of State Shifting of the Registered Office under the Companies Act, 2013 Provisions relating to shifting of the registered office from one state to another are contained in Section 13(4) of the Companies Act, 2013 which are detailed in the rule n

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Posted in Corporate Law  14 comments |   98373 Views