Corporate Law Articles

Promoter: A debatable word

Deep Vaghela 14 December 2015 at 10:39

Literal Meaning As per Oxford Advanced Learner�s Dictionary, Promoter means a person or company that organizes or provides money for performance or an event. Promoter is a person (natural or artificial) who tries to persu

Meeting through electronic means

CS AYUSH SUHIRID 11 December 2015 at 17:05

MEETING THROUGH ELECTRONIC MEANSPROVISIONS UNDER WHICH MEETING THROUGH VIDEO CONFERENCING IS COVERED As per Section 173 of the Companies Act, 2013 and Rules 3 & 4 of the Companies (Meetings of Board and its Powers) Rules, 2014, every Company can

Binding nature of board circulars - Confusion settled or created?

Pradeep Jain 09 December 2015 at 11:15

Binding Nature of Board Circulars-Confusion Settled or Created? OrCirculars contrary to SC decisions deemed as rescinded- A good start!Introduction:- The binding nature of the Circulars issued by Board is the issue that has been a matter of litigatio

Shifting of registered office from one state to other

CS Divesh Goyal 08 December 2015 at 16:58

Meaning of Registered Office: A registered office is the official address of a company to which all official letters and reminders will be sent by any person, any government or non government or regulatory body. In terms of Section 7 of the Companies

Annual filing under companies act 2013

CS Divesh Goyal 07 December 2015 at 17:40

After Completion of one year of Companies Act, 2013 now it is the high time for the members to start work on Annual Return (MGT-7) and Director Report. The last date for E-filling of company�s Annual Returns and balance Sheet under Companies Ac

ROC Filing 2014-15

Rohit Pandey 07 December 2015 at 17:39

ROC Filing for the financial year 2014-15Registrar of company has changed the forms for e-filing of annual returns for the financial year commencing after 31st March, 2014. The newly introduced forms are to be filed in compliance with provisions of s

Related Party Transactions | Sec 188 of the Companies Act, 2013

CA Vivek chaudhary 05 December 2015 at 15:42

Related Party Transactions Section-188 of the Companies Act, 2013 A Concise Comparison:- Section 188 of the Companies Act, 2013 replaces the section 297 of the Companies Act,1957. Under Companies Act, 1957 , if any transaction is covered under se

Appointment of auditor in case of non-ratification of auditor

CS Divesh Goyal 04 December 2015 at 10:22

Provision of Ratification of Auditor: {First Provision of 139(1)}Act Language: The Company shall place the matter relating to such appointment for Ratification by members at every Annual General Meeting.Rule 3(7) Proviso: Appointment of Statutory Au

Private Placement of Shares

CS AYUSH SUHIRID 03 December 2015 at 12:36

PRIVATE PLACEMENT OF SHARESWhat is Private Placement:Private Placement means any offer of securities or invitation to subscribe to securities to a select group of persons by a Company (other than by way of public offer) through issue of a private pla

Appointment of auditor in case of casual vacancy

CS Divesh Goyal 03 December 2015 at 12:36

REASONS FOR CASUAL VACANCY:There are two reasons of Casual Vacancy of Auditor: Casual Vacancy due to reason other than Resignation of Auditor. Casual Vacancy because of Resignation of Auditor Sectio