Corporate Law Articles

FAQ on auditor appointment under companies act, 2013

CA Sripriya K 11 June 2015 at 11:03

A. Auditors Appointment1. What are the critical aspects to be considered before accepting appointment as auditor Parameter Act Reference Content Education Sec 141(1) A Chartered Account

No mercy killing for companies act, 2013

Sundharesan Jayamoorthi 09 June 2015 at 11:02

Is there any possibility of restoring the Companies Act, 1956? This question must be running in the minds of many entrepreneurs and professionals. There is so much of ambiguity in the framing of the draconian 2013 Act, that one feels the 2013 Act des

Exemption to private limited company

CS Divesh Goyal 08 June 2015 at 11:26

Dear Professionals,MCA u/s 462 passed exemption for Private Companies under Companies Act, 2013 Provisions of companies act, 2013 given below will not apply or shall apply with such exceptions, modifications and adaptations, as specified below.Compan

Key highlights of companies amendment act 2015

Shri Shri 08 June 2015 at 11:21

In the wake of changing business conditions, new companies act 2015 was rolled out and notable changes have been made in order to make a conducive business atmosphere, also key initiatives had been introduced to support investors.A brief gist of key

A bird eye on credit rating

Amit Bavishi 08 June 2015 at 11:21

Credit RatingCredit Rating is the evaluation of the credit worthiness of an instrument of a company based on perceived overall risk of a company’s business and financial profile as well as structural consideration. Credit rating establishes a l

Latest procedure of company formation

AMIT PAREKH 06 June 2015 at 11:35

1. Obtain Digital Signature of all directors (Time taken 1 day)Requirements: � Copy of PAN card (self attested) and a Photo� 1 address proof (self attested)2. Obtain DIN for all directors in Dir-3 (Time tak

Analysis on director report

CS Divesh Goyal 05 June 2015 at 10:43

It is mandatory for every company, to forward to its members, along with its annual Financial Statement the Board of Director�s report. Report of Board of Directors should be �ATTACHED� to the Balance Sheet laid before the AGMProvis

Key managerial personnel under Companies Act, 2013 - An analysis

CS Suhita Mukhopadhyay 04 June 2015 at 12:18

Pursuant to the provisions of Section 203 of the Companies Act, 2013 (Act) every class of companies as prescribed shall be mandatorily required to have Key Managerial

Companies without common seal are at great risk

ANMOL JHA 02 June 2015 at 11:52

Companies without Common Seal are at great Risk. The Companies (Amendment) Act,2015, has been notified. By the said Amendment Act few sections of the Companies Act,2013, have been amended. One of the amended s

Bonus Issue of Shares

Sumit Talreja 02 June 2015 at 10:32

Procedure for Issue of Bonus Shares Companies Act, 2013 Compliance with Section 63 of the Companies Act, 2013. Issue can only be out of :- Out of Free Reserves Securities Premium Account Capital Redemption Reserve Account. Further proceed with below