Corporate Law Articles

Meeting compliance of private limited company

Member (Account Deleted) 10 May 2016 at 11:01

Introduction All about Private Limited Company Definition Meetings Business to be transacted Form Filing Time Frames Documentation Process and Procedures Checklist for bare minimum compliance Act and Secretarial StandardsDefinition of Private Company

CSR Reporting - From a line item to a paragraph

Sundharesan Jayamoorthi 09 May 2016 at 10:52

The dilemma in Corporate Social Responsibility (CSR) is not in choosing to spend or how much to spend; it is all about reporting and how much to report. The statutory auditors are faced with this dilemma while reporting on CSR for companies. The resp

Key aspects of Related Party Transactions

Ashish Kumar Gupta 07 May 2016 at 12:32

RELATED PARTY TRANSACTIONS Key aspects of Related Party Transactions :- As per section 188 of the Companies Act, 2013, all the Related Party Transactions mentioned in sub-section (1), require the prior consent of

Name approval guidelines for companies under companies act, 2013

CS Divesh Goyal 02 May 2016 at 10:32

In old Companies Act, 1956 Ministry had issued name availability guidelines by way of (Companies (Name Availability) Rules, updated in 2011). In the new Companies Act, 2013 name availability guidelines for Company are given under Rule 8 of the Compan

Constitution of National Company Law Tribunal and Company Secretary

CS Ankur Srivastava 30 April 2016 at 12:27

NATIONAL COMPANY LAW TRIBUNAL � A SINGLE WINDOW INSTITUTION FOR CORPORATE JUSTICE INTRODUCTION There is visible trend around the world towards ratio

Process of compounding of MGT-14

CS Divesh Goyal 30 April 2016 at 12:26

AS PER SECTION-117 OF COMPANIES ACT, 2013:Sub- Section 1 of Section- 117: A Copy Of Every Resolution or any agreement, in respect of matters specified in sub-section (3) *** together with the explanatory statement under section 102, if any, annexed t

Complete understanding of Section 62 and 42 of the Companies Act 2013

CA Sumat Singhal 28 April 2016 at 10:59

A COMPLETE AND CLEAR UNDERSTANDING OF SECTION 62 & 42 OF THE COMPANIES ACT 2013FURTHER ISSUE OF SHARE CAPITAL Section 62 of the Companies Act 20131) Where at any time, a company having a share capital proposes to increase its subscribed capital b

Analysis of defects in appointment of directors

Amitav Ganguly 27 April 2016 at 11:05

BACKGROUNDThe Board of Directors { Board} of a company is its highest decision making organ whose actions are however subject to shareholders jurisdictions as per the scheme of the Company jurisprudence. The directors constituting the Board act colle

Can Existing Company be converted into a Limited Liability Partnership?

Gaurav 26 April 2016 at 11:55

A company is an association formed by people, whether living or artificial, with a motive to earn profit. It is a legal entity which has the power to ask money from outsiders in the form of shares, may it be privately owned or public. An existing com

Comparison of CARO reporting as per Companies Act, 2013 and Proposed Caro (2016)

CS Divesh Goyal 23 April 2016 at 11:59

Comparison of CARO reporting as per Companies Act, 2013 and Proposed Caro (2016)The Ministry had set-up a Committee on 16th September, 2015 to examine and recommend matter for inclusion in the statement to be attached with Auditor�s Report unde