Corporate Law Articles

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

Procedure for Delisting of Small Company

CS Manohar Mishra 03 December 2015 at 12:35

Procedure for Delisting of Small CompaniesMeaning of Delisting: One should understand the meaning of the term �listing� before understating the term Delisting. The word �listing� means admissions of a Company�s shares wi

Corporate Identity Number (CIN)

Praveen Goyal 01 December 2015 at 12:25

The Corporate Identity Number also known as company registration number i.e the unique identification number of company, issued by Registrar of Companies. By looking at the CIN number itself, anyone can identify many details of the company i.e its ty

Analysis of directors' statutory obligations - Sec 166 of CA 2013

Amitav Ganguly 30 November 2015 at 10:30

BACKGROUNDThe Companies Act 2013 {new Act 2013} for the first time has laid down the duties of directors in unequivocal terms in the section 166 in contrast to erstwhile Companies Act 1956. It is a well established judicial precedent that the Directo

SEBI Listing Regulation 2015 - Common obligations of listed entities

CS Divesh Goyal 30 November 2015 at 10:29

Presently, a private agreement between Stock Exchange and listed company govern all listing obligation and disclosure requirement. This listing agreement like any other agreement among parties creates civil obligation in case of any violation of the

Limited Liability Partnership: The emerging concept & its notable features

CA Arun Kumar 28 November 2015 at 13:19

Limited Liability Partnership (LLP):This is a form of the organization that brings the benefits of the flexibility of the Partnership and the Limited Liability of the Company based on the mutually arrived agreement.LLP is an incorporated partnership

Short note on corporate social responsibility

CA SONIYA AGARWAL 28 November 2015 at 13:18

Year of Applicability: CSR is applicable from Financial Year 2014-15 Qualifying company (Section 135):- CSR is applicable to every Indian Companies including its holding or subsidiary which meet least of the following threshold Limit in any of the th

Types of Directors under Companies Act 2013

CA Arun Kumar 26 November 2015 at 11:44

DirectorsOn Incorporation,a company becomes a person in the eyes of law. However, it does not have any physical appearance. In order to achieve the objects that are stated in the Memorandum of Association, the company has to depend up on agency calle