Corporate Law Articles

Related Party Transactions under the New Era

CS DHANAPAL 05 April 2014 at 17:51

Companies Act, 2013 has unveiled a new era in the Indian Corporate Sector which places more reliance on disclosure norms rather than on approvals. One such area is related party transactions. While the Companies Act, 1956 warranted appr

Companies Act - 2013: Rotation of Auditors

CA. Amit G. Chandani 05 April 2014 at 17:51

With the implementation of Companies Act, 2013 the Ministry of Corporate Affairs has notified the provisions relating to rotation of auditors/audit firm w.e.f. 01st April, 2014. Changing nearly six dec

Impact of Companies Act, 2013 on Private Companies

CS DHANAPAL 05 April 2014 at 17:51

Companies Act, 2013 has brought massive changes for private companies as barring a very few, all the exemptions which were available to private companies under the Companies Act, 1956 have been withdrawn in the Companies Act, 2013. In this article, w

Highlights on CSR Provisions notified on 27.02.2014

CS DHANAPAL 04 April 2014 at 11:43

Effective Date for CSR Applicability Section 135 of the Companies Act 2013, Schedule VII and the relevant rules, namely Companies (Corporate Social Responsibility Policy) Rules, 2014 have been notified to become effective from 01st Apr

New provisions applicable wef 1st April under Co Act 2013

CA Nitesh Kumar More 04 April 2014 at 11:43

1. Now, the Appointment of Company Secretary is required only for Public Limited Companies having paid up capital more than 10 Crores whereas Private Limited Companies are exempted from appointment of Key Managerial Personnel. 2. Form MGT 7: Annual R

Companies Act, 2013: Analysis relating to Audit & Accounts

Mohit Jain 04 April 2014 at 11:42

Basis Provisions of Companies Act, 2013 Final rules Remarks/Difference vis--vis draft rules Relating to Audit and Auditors Chapter-X [Companies (Audit and Auditors) Rules, 2014] Manne

Companies Act - 2013: Internal Audit

CA. Amit G. Chandani 03 April 2014 at 11:56

With the implementation of Companies Act, 2013 the Ministry of Corporate Affairs has notified the provisions related to Internal Audit of Companies w.e.f 01st April, 2014. I nternal Audit: The Companies Act, 2013 has given statutory rec

Meetings under Companies Act, 2013

Raju Balodi 01 April 2014 at 11:05

GENERAL MEETING: AGM (Sec 96 & 97) Applicability: Every Company other than One Person Company. Key Provisions: Every Company to which this section applies shall hold its 1st AGM within 9 months from the closure

All about Company's Directors

CA. Kapil Goel, DISA(ICAI) 01 April 2014 at 11:05

The term "Director" refers to a rank in management of the company. A director is a person who leads or supervises a certain area of private or public limited company. Companies that use this title often ha

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