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Corporate Law Articles


One Person Company- A New Business Ownership Concept

  KCJM and Associates    07 February 2013 at 11:30

The Companies Bill 2012, passed by the Lok-Sabha introduces a new form of Company by the name of One Person Company (OPC). Its concept is parallel to the existing concept of Sole-proprietorship whereas it shall be recognized as separ



Companies Act 1956 Vs Companies Bill 2012

  CS Advocate Abhishek Goyal    06 February 2013 at 11:44

COMPANIES BILL 2012 Vs COMPANIES ACT 1956 PROVISIONS RELATING TO ACCEPTANCE OF DEPOSITS BY COMPANIES-AN ANALYSIS CS Abhishek Goyal Intro



NFRA to encroach ICAI's territory

  Rajavardhan.A    25 January 2013 at 18:10

NFRA to encroach ICAI's territoryOur beloved Institute of Chartered Accountants of India(ICAI) is the world's 2nd biggest accounting body and the one with constitutional powers of framing & governing accounting practices in India. Ministry of Corpora



Major Highlights of Companies Bill, 2012

  CS DHANAPAL    25 January 2013 at 18:10

Companies Bill, 2012, after a very long journey and with many stumble blocks, has finally seen the light of day in Lok Sabha. After much speculation and eagerness on the subject, Lok Sabha finally approved the Bill on the night of 18th December, 2



XBRL Correct Tagging vs Incorrect Tagging with Examples

  Saurabh Maheshwari    24 January 2013 at 10:45

Hi! Friends greetings of the day to all of you. You are aware that XBRL filing of financial statements by a select class of companies for FY 2010-11 was mandated vide Ministry of Corporate Affairs. The e-forms were duly certified by CA/CS/CMA profe



Corporate Banking - Relationship Management

  Vivek Krishnamoorthy    23 January 2013 at 16:38

Corporate Banking as the name implies, refers to the servicing of financial requirements of corporate houses. A relationship manager is the pivot of this department. The role of the Relationship Manager (RM) can be divided into three major areas &nd



Provisions Related to One Person Company

  YAshwi    22 January 2013 at 15:35

Concept of One Person Company The Companies Bill,2012 ( hereinafter referred as The Bill) passed by the Lok Sabha introduces a new form of company by the name of One Person Company (hereinafter referred as OPC)



Companies Bill 2012 - Read between the lines

  AMITAVA BANERJEE    19 January 2013 at 15:31

Companies Bill 2012 - Read between the lines cs amitava banerjee The groundwork on the bill started way back in 2005 with the JJ Irani Committee report in May 2005.However the bill passed on the 18th January



Note on Conversion of Partnership Firm into a Limited Company

  Ajay Mishra    17 January 2013 at 13:36

NOTE ON CONVERSION OF PARTNERSHIP FIRM INTO A LIMITED COMPANYINTRODUCTIONPartnership is a kind of organization, in which, few like-minded persons pool up their resources to form a partnership firm. Section 4 of the Partnership Act, 1932, defines part



Shadow Directors - Myth or Reality

  AMITAVA BANERJEE    17 January 2013 at 13:36

CS Amitava Banerjee It is generally presumed that the business of corporate entities is controlled and transacted by their Board of directors, which occupies a fidu