Corporate Law Articles

Exemptions & relaxations to government companies

CS DHANAPAL 27 October 2015 at 10:18

Since the introduction of the Companies Act, 2013 in September 2013, certain class of companies like Private Companies, Government Companies etc. was feeling the pressure of the rigorous provisions of the Act and the compliances required therein. Esp

Secretarial standard on general meetings - SS2

CS DHANAPAL 26 October 2015 at 10:41

Section 118 of the Companies Act, 2013 which contains provisions relating to minutes of Board, General and other meetings and resolutions passed by postal ballot, contains in sub-section 10 that �Every company shall observe secretarial standard

Conversion of Private Limited Company to LLP

deepak K Gujrati 22 October 2015 at 12:32

Very often it is asked, what is justification of having a private limited company? Small promoters and entrepreneurs asks questions like why to pay dividend distribution tax , why there is restriction on

MGT 7 - Regulator is not clear what it wants

Sundharesan Jayamoorthi 20 October 2015 at 11:05

MGT 7 � Difficulty of Reporting Compliance in IndiaThe principle, �when the regulator is not clear what it wants, give the regulator what you want�, applies to the annual filing of 2015.MGT 7 is the Annual Return for all companies

Number of directorships - A direction in good governance

Amitav Ganguly 14 October 2015 at 10:40

{Section 165 of the Companies Act 2013}BACKGROUNDThe basic legal premise of limiting the number of companies which an individual can hold directorships is that it is essential for his efficient functioning and effectual carrying out his fiduciary dut

CARO 2015 - in short

shivakumara swamy s 12 October 2015 at 10:34

CARO 2015Applicability � Applies to all companies, including foreign companies,Except � It is not applicable to Insurance co, banking co, charitable organizations, one person Company & private company with equity of not more than 5

Fast Track Exit Scheme

CA. Arun Chacko 12 October 2015 at 10:34

What is Track Exit (FTE) Scheme?Fast Track Exit Scheme is introduced by Ministry of Corporate Affairs for giving opportunity to non-operating companies for getting their names struck off from the records of Ministry of Corporat

Board Training - Nothing more to learn

Sundharesan Jayamoorthi 12 October 2015 at 10:33

Is Corporate Governance Real, a Myth or is it to be practiced in Spirit or Letter? It is very difficult to conclude; the intention to implement and practice corporate governance seems to be the SPIRIT and to toe this line the regulators bring out leg

Integrated Process For Incorporation: Form INC-29

mansi 07 October 2015 at 10:51

The Ministry of Corporate Affairs (MCA) has introduced Form INC-29 � Integrated Incorporation Form in order to reduce the overall time in company Incorporation. In Form INC-29 all the steps of c

Promoters of the company

Sumit Talreja 07 October 2015 at 10:50

Among many of the subject matter under Companies Act, 2013, one of the most heated and topic of endless discussion is �Promoters�. The Concept of promoters has been newly inserted and defined under Companies Act, 2013 as under the Compan