Corporate Law Articles

Secretarial Standard 1- A bird's view

sachin bhola 11 January 2016 at 10:37

The whole Secretarial Standard I is divided into following eight parts: 1. Convening a meeting 2. Frequency of meeting 3. Quorum 4. Attendance 5. Chairman 6. Passing of resolution by

Process of condonation of delay

CS Divesh Goyal 09 January 2016 at 12:46

Series- 119 PROCESS OF CONDONATION OF DELAY IN CREATION/MODIFICAITON/SATISFACTION OF CHARGECHARGE:Section 77 states that Companies are required to register ALL TYPES OF CHARGES, with ROC within 30 days of

Techniques of fraud reporting By auditors

CS SIDDHARTHA BANIK 08 January 2016 at 17:18

Companies Act, 2013 has introduced provisions for detecting fraud at the grassroots level by forcing accountability to the Auditors of the Company. Accordingly Central Government notifies the Companies (Audit and Auditors) Amendment Rules, 2015 by a

Omnibus approval for related party transaction

CS Divesh Goyal 08 January 2016 at 10:17

In case of Companies Act, is the board required to approve all related party transactions from audit committee?[1] The Companies Act 2013 prescribes that a company needs approval of the audit committee on all related party transactions and subsequent

The thrust of corporate meetings

sachin bhola 08 January 2016 at 10:17

Assume a situation where company wants to appoint a new director or wants to increase its share capital. Now the question arises how company can give effect to the proposed business because company being an artificial entity cannot act on its own. Bo

Analysis of the Companies (Meetings of Board and its Powers) Second Amendment Rules, 2015

SANOJ KUMAR 07 January 2016 at 10:33

The Analysis of the Companies (Meetings of Board and its Powers) Second Amendment Rules, 2015 and Companies (Audit and Auditors) Amendment Rules 2015 which to be published in the Gazette of India as on 14th December, 2015.In the Companies (Meeting of

Related Party Transaction Under SEBI (Listing Obligation & Disclosure Regulation)

CS Divesh Goyal 07 January 2016 at 10:30

All the requirements and conditions to be fulfilled in case of related party transactions have been altered to be in line with the provisions of Companies Act, 2013. This is the provisions of SEBI (LODR), which are applicable with immediate eff

Analysis of Sec 185 of the companies act 2013: Every banker should know

CA Sumat Singhal 06 January 2016 at 11:04

Giving a corporate guarantee to banks/lenders by a company, other than the borrower, that the loan will be paid back, is a usual practice in the normal course of trade and commerce across the world. By and large, a larger company (often a known flagship

SEBI LODR regulation 2015 - Highlights and analysis

BHAVIK M GALA 04 January 2016 at 10:45

INTRODUCTION Securities and Exchange Board of India (SEBI) on September 2, 2015 issued the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (�Listing Regulations�) with the aim to consolidate and streamline the provisions

All Penalties under Companies Act, 2013

Vinita Verma 29 December 2015 at 10:20

The law poses various obligations to be discharged by the Companies , Directors, Managers and other Officials. Non-compliance of such obligations attracts punishment which may be imprisonment and/ or fine/ penalty. The new Companies Act, 2013 has com