Corporate Law Articles

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

Incorporation of WOS Foreign Company

CS Divesh Goyal 03 July 2015 at 10:58

BACKGROUND:India is a preferred destination for investment from NRIs, Foreign Nationals and Foreign Companies due to its booming economy and wealth of resources. India is among the fastest growing economies in the world, slated for tremendous growth

LLP | Hybrid between a company and a partnership firm

CA. Kapil Goel, DISA(ICAI) 03 July 2015 at 10:36

Concept: Limited Liability Partnership, LLP is another corporate form of business which gives the benefits of limited liability of a company and the flexibility of a partnership firm. The LLP can continue its existence irrespective of changes in part

Right issue of shares under Co. Act, 2013

CS Divesh Goyal 03 July 2015 at 10:35

BACKGROUND:As per Section 62(1) of the Companies act, 2013 if the Company decides to issue fresh shares, these should be offered to existing shareholders in proportion to existing persons who are holders of equity shares.�Right Issue� mea

Applicability of CSR

mansi goel 30 June 2015 at 10:51

Meaning:Corporate social responsibility may be referred to as "corporate citizenship" and can involve incurring short-term costs that do not provide an immediate financial benefit to the company, but instead pr

Signing of Annual return in new Companies Act

Zalak Talreja 29 June 2015 at 11:04

ANNUAL RETURN: SCHEDULE V OF COMPANIES ACT, 1956 V/S FORM MGT-7 (along with Form 7.8) OF COMPANIES ACT, 2013 Section 1956 V/S Section 2013: Earlier the provisions of Annual Return were governed under Section 159,160,161, 162 & Schedule V of the A

Provisions of charge given under Co. Act, 2013

CS Divesh Goyal 27 June 2015 at 17:31

Definition of Charge: ― As per Section-2 (16) Charge means- An interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage; PROVISIONS OF CHARGE GIVEN UNDER CHAPTER VI OF COMP

Nidhi Company - Companies act, 2013

CS Divesh Goyal 25 June 2015 at 10:46

Section � 406 read with rules of Companies (Nidhi Companies) Rules, 2014 SECTION 406 OF COMPANIES ACT 2013 AND NIDHI RULE 2014 GOVERNED THE LAW AND PROCEDURE FOR NIDHI COMPANY. Nidhi� means a company which has been incorporated as a Nidhi

Advantages & disadvantages of OPC

CS Divesh Goyal 24 June 2015 at 11:07

�In order to succeed, we must first believe that we can."Till 31St March, 2014, if you wanted to set up a private company, you needed at least one other person because the law mandated a minimum of two shareholders. So, for the person wan

Learning Series on CSR LAW in India (Issue 1)

SAGA 24 June 2015 at 11:06

Introduction1.1.1 Corporate Social Responsibility (CSR) in India is a statutory requirement under the Companies Act, 2013. Specif ically Section 135 and Schedule VII of the Act provide for the CSR compliances along with the Companies (Corporate Socia