Corporate Law Articles

Integration Of Fraud Risk Factor In IFC Framework

CA Amrita Chattopadhyay 01 May 2021 at 11:54

The management needs to have a certain benchmark to assess the adequacy of controls for the mitigation of risks. Without these benchmarks, the risk assessment will be subjective without any guiding post.

Death of directors in COVID scenario

Ketan Haria 01 May 2021 at 09:52

Whenever a Director dies, it is regarded as a casual vacancy of the office. A Casual Vacancy is when a director’s office is vacated before the expiry of his tenure.

Pre-packaged insolvency resolution process: Survival & Revival of Stressed MSMEs

CMA Harshad S Deshpande 01 May 2021 at 09:52

The pre-packaged insolvency resolution process aims to provide an efficient alternative insolvency resolution framework for corporate persons classified as MSMEs for ensuring quicker, cost-effective and value maximizing outcome for all stakeholders.

All about Managerial Remuneration

Neethi V. Kannanth 28 April 2021 at 09:49

Managerial personnel includes directors, managing directors, whole-time directors, managers etc. Managerial remuneration in simple words is the remuneration paid to managerial personals.

Amended law relating to CSR: A Conundrum

Ramaswami Kalidas 27 April 2021 at 16:48

By notifying amendments to Section 135 of the Companies Act, 2013 and to the Rules pertaining to CSR right at the fag-end of the FY 2020-21, i.e., from January 22, 2021, MCA has set the cat among the pigeons.

Applicability of Form 15CA & 15CB

Sahil Dhingra 26 April 2021 at 15:35

Form 15CA is a declaration of remitter used as a tool for collecting information in respect of payments that are chargeable to tax in the hands of the recipient NRI. Form 15CB is a kind of certification regarding rates and the right kind of tax paid by you.