Corporate Law Articles

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

A Bird's eye view on Accounts and Audit under The Companies Act, 2013

CA Arun Kumar 20 July 2015 at 10:47

Accounts & Audit under The Companies Act 2013Significant provisions related to Accounts under Companies Act 2013:Books of Accounts (Section 128) Every Company Shall Prepare and keep at is registered office, books of accounts and financial state

Procedure for changes in particulars of name / address or other details of Directors

CS MOHIT SALUJA 20 July 2015 at 10:47

Every individual intending to be appointed as director of a company shall make an application for allotment of Director Identification Number to the Central Government in such form and manner and along with such fees as may be prescribed. (Section 15

Need for corporate governance

Amitav Ganguly 17 July 2015 at 11:09

• Corporate Governance is the latest trend and the watch word in the business in India and abroad, through the entities of companies. Good governance guides a company’s directions in such a way that it can fulfil its goals and objectives

CSR - An Overview

Srinivas 15 July 2015 at 10:36

SCHEDULE VII / SEC 135CORPORATE SOCIAL RESPONSIBILITY1. APPLICABILITY:Companies (Either private or public) having, Net worth of Rs. 500 crores or, Turnover of Rs. 1000 crores or, Net profits of Rs. 5 crores, Have to spend at least 2% of it

Learning Series on CSR LAW in India (2nd Issue)

SAGA 14 July 2015 at 11:00

Learning Series on CSR LAW in India (2nd Issue)Some Confusing & Debatable CSR IssuesIntroduction1.1.1 The law relating to CSR in India is provided in Section 135 of the Companies Act, 2013 read with Schedule VII of the Act and The Companies (Corp

Stamp duty on issue of share certificates

CS Divesh Goyal 08 July 2015 at 10:32

BACKROUND:As per Section 3 of Indian Stamps Act 1899, Every Share Certificate must bear the necessary stamp duty as per the Stamp Act of the respective State/ Union Territory from which Certificate is issued. The rates of stamp duty can be obtained w

Story of independent directors

Amitav Ganguly 08 July 2015 at 10:31

Background Ideally speaking Independent Directors play crucial roles in the governance of their companies. They bring in valuable, independent and objective judgements, views and opinions to the Board of Directors, {in short, the Board}, raise import

Foreign company compliances

CS Divesh Goyal 06 July 2015 at 10:32

As Per Section 2 (42) Foreign company is a company or body corporate incorporated outside India which(a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and(b) conduct any business

Do companies consider these factors to declare dividend?

Amitav Ganguly 03 July 2015 at 10:59

DO COMPANIES CONSIDER THESE FACTORS TO DECLARE DIVIDEND? BackgroundDividend strategy of a company, more particularly which is widely held, should be such that the needs for funds within the company are satisfied and also the reasonable expectations o