Corporate Law Articles

Imperfection in Professional Work of form 32 in Sheena Bora murder case

CS MOHIT SALUJA 31 August 2015 at 10:06

IMPERFECTION IN PROFESSIONAL WORK IN FORM 32 BY INDRANI MUKERJEA (SHEENA BORA MURDER CASE) On 28.08.2015, I was watching DNA on Sheena Murder Case on Zee News. The reporter Sudhir Choudhary disclosed the companies in which the Indrani Mukerjea was ac

CSR: Mandatory or Optional

Rohit Jain 29 August 2015 at 12:32

The preamble to the constitution of India describes it as a � sovereign socialist secular democratic republic�. Since independence, India has followed a mixed pattern of economy wherein the sovereign as well as the private sector contrib

Appointment of new statutory auditor in case of resignation

CS MOHIT SALUJA 27 August 2015 at 10:32

PRACTICLE ASPECT ON APPOINTMENT OF AUDITOR IN CASE OF RESIGNATION An auditor appointed under section 130 of Companies Act 2013, can resign after his or her appointment. When an auditor ceases to hold office after resignation as company auditor, the a

Fast Track Exit u/s 560 of Companies Act, 1956

Komal Tiwari Pandey 24 August 2015 at 10:00

Background:The Companies which are not carrying on business activities or operations for more than a year they can opt for Fast Track Exit mode from the records of the Registrar of Companies. Fast Track Exit mode for defunct companies u/s 56

Conversion of public limited company into private limited company

CS Divesh Goyal 24 August 2015 at 09:59

Keeping in view the relaxations provided to a Private Company, many public companies have converted into Private Companies or in the process of such conversion. Through this brief write up an attempt has been made to unlock the technicalities related

Major initiatives on improving "Ease of Doing Business" in India

Parth Sharma 21 August 2015 at 10:07

The Government of India has taken up a series of measures to improve Ease of Doing Business. The emphasis has been on simplification and rationalization of the existing rules and introduction of information technology to make governance more efficien

Issue of Sweat Equity Shares under Companies Act, 2013

Sudish Kumar Gupta 20 August 2015 at 10:21

Dear Readers/ Professional Members,Greetings for the day..Section 54 of the Companies Act, 2013 corresponds to section 79A of the Companies Act, 1956 and seeks to provide that on fulfilling certain conditions, a Company may issue sweat equity shares

Acceptance of deposit from members in case of private limited company

CS Divesh Goyal 20 August 2015 at 10:21

BACKGROUND:Loans are the major source of funding for most of the Companies apart from their Share Capital. Companies borrow from various sources like banks and various other financial institutions. Whereas,Public Limited Companies borrow from mass pu

Overview of tax implication of CSR expenditures

SAGA 19 August 2015 at 10:33

Introduction1.1.1 The Finance Act, 2014 has brought a very radical & far reaching

Process for conversion of OPC into private limited company

CS Divesh Goyal 18 August 2015 at 16:45

BACKGROUND:The Introduction of One Person Companyinto the legal system is a move that wouldencourage the entrepreneurs enters intocorporate world. This will not only enableindividual capabilities to contribute economicgrowth, but also generate employ