Corporate Law Articles

Small Company with a Big Concept

Sundharesan Jayamoorthi 30 July 2015 at 10:32

Small company is a concept introduced in the Companies Act 2013 and the definition of Small Company is provided under section 2 (85), which reads as

Loan from director

CS Divesh Goyal 29 July 2015 at 10:31

As per Rule 2 sub rule 1 clause vii of the Companies (Acceptance of Deposits) Rules, 2014�Any amount received from a person who, at the time of receipt of the amount, was director of the Company, will be out of preview of Deposits�.Condit

Ordinary Resolutions

CA. Kapil Goel, DISA(ICAI) 27 July 2015 at 11:39

As per Section 114(1) of Companies Act 2013 : "A resolution shall be an ordinary resolution if the notice required under this Act has been duly given and it is required to be passed by the votes cast, whether on a show of hands, or electronicall

Secretarial standard -II under Co. Act, 2013

CS Divesh Goyal 27 July 2015 at 11:31

BACKGROUND:The Ministry of Corporate Affair (MCA) has issued circular Dated: 10th April, 2015 vide Letter No. 1/E/2014/CA/I and same has been notified in official Gazette on 23rd April, 2015. Secretarial standard has been applicable on Companies from

Annual works of LLP

CS Divesh Goyal 25 July 2015 at 17:29

Post incorporation requirements are obligations which LLP are supposed to fulfill subsequent to incorporation. These include filing of annual returns, change of Partners/ Designated Partners, alteration in Contribution, and change of registered offic

SH-4: Procedure for transfer of shares

CS Divesh Goyal 25 July 2015 at 17:28

Free transferability of share is one essential condition for Company form of business, subject to some restrictions under private companies. New Act, deals with substantially.Statutory provisions related to transfer of share one should refer the foll

Loan to Director (185)

CS Divesh Goyal 23 July 2015 at 10:16

As per Section 185: No Company ( Private & Public)� Directly or Indirectrly� Advance any loan, including book debt,� to any of its directors or to any **other person in whom the director is interested� Any guarantee or

Secretarial Standards - An overview

CS Suhita Mukhopadhyay 22 July 2015 at 10:52

The Ministry of Corporate Affair (MCA) has approved vide circular Dated 10th April, 2015, Secretarial Standards (SS) on Board and General Meetings which was been notified in official Gazette on 23rd April, 2015. Secretarial standards are applicable

MCA's olive branch to Private Companies

Ramaswami Kalidas 22 July 2015 at 10:51

IntroductionIt is an admitted fact that small and marginal companies have been up in arms from the time the Companies Act,2013 (hereinafter referred to as the �Act�) was unleashed in the year 2013 partially to substitute what was consi

Depressed due to depreciation

CA Umesh Sharma 21 July 2015 at 10:34

Karneeti Part 107Depressed due to DepreciationArjuna (Fictional Character): Krishna, it is said that there is drastic change in the provision of calculation of depreciation according to New Companies Act 2013. So many Company Taxpayers are facing iss