Corporate Law Articles

Appointment & continuation of managerial personnel above the age of 70

CS Divesh Goyal 18 April 2016 at 16:47

Provision:As per 196(3) No company shall appoint or continue the employment of any person as managing director, whole-time director or manager who is below the age to twenty-one years or has attained the age of seventy years:Provided that appointment

Register DSC on MCA Portal/ Role Check

Manav Harivyasi 18 April 2016 at 11:52

Guideliness to Register DSC of Director/How to do a Role Check?by Manav Harivyasi If you are in a Practise, whether a P.C.A. or P.C.S. or if you are in a whole time employment then you do had definitely faced the technical hitches while registering D

Fraud Reporting

CS Divesh Goyal 18 April 2016 at 11:51

Financial fraud is a phenomenon that haunts everyone alike. Not only does it mean loss of an asset for the one who has been at the receiving end of a fraud, it has the capability of shaking the roots of

ESOP - Unlisted Companies

Raman Singh 18 April 2016 at 11:50

EMPLOYEES STOCK OPTION (For Unlisted Company)Section 2(37) of Companies Act, 2013:An option of a right, given to personnel as mentioned in the table, to buy the Shares of the Company at a future date and at a pre-determined price: ESOP

How to register a Nidhi company online !

Paras mehra 15 April 2016 at 11:25

Nidhi is the safest and the cheapest way of raising funds from the General public. The most important thing is that you don�t require Reserve Bank of India (RBI) approval for this Company.

Regulation wise Yearly Compliances of the SEBI LODR Regulations for Listed Companies

CS Ankur Srivastava 15 April 2016 at 11:24

GUIDANCE CHECK LIST - LISTED COMPLIANCES Under SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Date of Applicability: W.e.f. 30th November, 2015 Quarter I : April to June Compliance to be done in the Month of April to

Procedure for the closure of the LLP Suo Moto

CS Divesh Goyal 15 April 2016 at 11:24

In case the LLP wants to close down its business or where it is not carrying on any business operations for the period of one year or more, , it can make an application to the Registrar of Companies for declaring the company as defunct and removing t

Internal Financial Control over Financial Reporting (IFCR)

Pranjul Mittal 11 April 2016 at 13:36

Meaning of Internal Financial Control over Financial Reporting Guidance notes issues by Institute of Chartered Accountant of India on September 2015 states that Internal financial control over financial reporting shall mean �the policies and pr

Recent changes in CARO 2016

CS DHANAPAL 09 April 2016 at 12:36

The Ministry of Corporate Affairs has notified the Companies (Auditor's Report) Order, 2016 (CARO 2016) vide its Notification no. S.O. 1228(E) dated 29th March, 2016. This Order supersedes the Companies (Auditor's Report) Order, 2015 dated 10

Whether dividend can be paid in kind?

CS Divesh Goyal 09 April 2016 at 12:36

Provision: As per Section 123(5) of Companies Act, 2013 Dividend not be payable except in cash.Dividend: Section 2(35) of the Companies Act, 2013 simply states that "Dividend Includes Any Interim Dividend&