Corporate Law Articles

Why Actuarial Services are required by Companies for Accounting for Defined Benefit Plans?

Tikaram Chaudhary 23 December 2019 at 10:08

This article is prepared to create general awareness about requirement of Actuarial Services for Accounting for Defined Benefit Plans & Components of Actuarial Valuation Reports amongst Professionals/Company Personnel involved in Finalization of Financial Statements.

Independent Directors in Corporate Board - A reality check

Prashant Panda 20 December 2019 at 10:50

Erstwhile Companies Act 1956 had no specific definition of "Independent Director".

Preferential allotment vs private placement vs right issue - An analysis

Prashant Panda 16 December 2019 at 10:10

India companies in order to invest funds in its business operations, explore many options like Issue of Shares, Debentures, Zero Coupon Bonds, Public Deposits, Loans from Banks and Financial Institutions and other traditional sources.

DIR-3 KYC/KYC web

Prashant Panda 16 December 2019 at 10:10

The Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2019 came into force w.e.f 25th July, 2019 to amend the provisions related to KYC of directors.

Compliance Check List for Nidhi Company

Prashant Panda 13 December 2019 at 13:01

Check out all the compliances for a Nidhi Company.

Rotation of statutory auditor

Prashant Panda 11 December 2019 at 10:37

Know all about the provisions related to the rotation of the statutory auditor- meaning of appointment, term of rotation, cooling period, the applicability of rotation, etc.

Online Examination by an Independent Director - An Overview

Prashant Panda 11 December 2019 at 10:37

The Ministry of Corporate Affairs/the Central Government, vide its notification dated October 22, 2019, has amended the Companies (Appointment and Qualification of Directors) Rules, 2014. Know all the requirements that one needs to fulfill as an independent director.

Legal Identity Identifier- A Bar Code for Corporates

Dhanesh 07 December 2019 at 11:39

At the time of the 2008 financial crisis, a single identification code unique to each financial institution was unavailable worldwide. It means that each country had different code systems to recognize the counterpart corporation of financial transactions and calculate the total risk amount.

Dematerialization of Securities

Shankar Kumar Jha 04 December 2019 at 10:27

Dematerialization (Commonly known as 'Demat') signifies the conversion of a share certificate from its present physical form to electronic form for the same number of holding. Know all about dematerialization and its benefits.

Databank and exam of independent directors - Critical analysis

Dhaval Gusani 03 December 2019 at 19:01

In many Indian corporate frauds, it is found that independent directors either were just mute spectators or failed to detect an early signs of fraud. In some companies, it was found that watchmen, drivers, maids and other assorted individuals lent their name, identity and consent to become an independent director without aware of their roles and responsibilities.