Corporate Law Articles

CSR Reporting - Creating a liability for an asset

Posted by Sundharesan Jayamoorthi 14 May 2016 13054 Views

Section 135 of the Companies Act, 2013 (Act) deals with the provisions of Corporate Social Responsibility (CSR) and requires every company that comes under the purview of the mandatory spend to spend on CSR in that financial year. The Guidance note o

CSR Reporting - Spend, under spend, over spend & no spend

Posted by Sundharesan Jayamoorthi 12 May 2016 12131 Views

Section 135 of the Companies Act, 2013 (Act) deals with the provisions of Corporate Social Responsibility (CSR) andrequires every company that comes under the purview of the mandatory spend to spend on CSR in that financial year. There is no provisio

One Person Company (OPC) - All about it

Posted by CA Prakhar Jain 11 May 2016 13345 Views

BASIC CONCEPT The concept of an entity called a One Person Company (OPC) has been introduced by the Companies Act, 2013. Earlier, a company involved at least 2 persons to begin with. In such a company, a single person is the sole shareholder of the c

Meeting compliance of private limited company

Posted by Member (Account Deleted) 10 May 2016 44346 Views

Introduction All about Private Limited Company Definition Meetings Business to be transacted Form Filing Time Frames Documentation Process and Procedures Checklist for bare minimum compliance Act and Secretarial StandardsDefinition of Private Company

CSR Reporting - From a line item to a paragraph

Posted by Sundharesan Jayamoorthi 09 May 2016 6648 Views

The dilemma in Corporate Social Responsibility (CSR) is not in choosing to spend or how much to spend; it is all about reporting and how much to report. The statutory auditors are faced with this dilemma while reporting on CSR for companies. The resp

Key aspects of Related Party Transactions

Posted by Ashish Kumar Gupta 07 May 2016 16193 Views

RELATED PARTY TRANSACTIONS Key aspects of Related Party Transactions :- As per section 188 of the Companies Act, 2013, all the Related Party Transactions mentioned in sub-section (1), require the prior consent of

Name approval guidelines for companies under companies act, 2013

Posted by CS Divesh Goyal 02 May 2016 7631 Views

In old Companies Act, 1956 Ministry had issued name availability guidelines by way of (Companies (Name Availability) Rules, updated in 2011). In the new Companies Act, 2013 name availability guidelines for Company are given under Rule 8 of the Compan

Constitution of National Company Law Tribunal and Company Secretary

Posted by CS Ankur Srivastava 30 April 2016 10643 Views

NATIONAL COMPANY LAW TRIBUNAL � A SINGLE WINDOW INSTITUTION FOR CORPORATE JUSTICE INTRODUCTION There is visible trend around the world towards ratio

Process of compounding of MGT-14

Posted by CS Divesh Goyal 30 April 2016 11155 Views

AS PER SECTION-117 OF COMPANIES ACT, 2013:Sub- Section 1 of Section- 117: A Copy Of Every Resolution or any agreement, in respect of matters specified in sub-section (3) *** together with the explanatory statement under section 102, if any, annexed t

Complete understanding of Section 62 and 42 of the Companies Act 2013

Posted by CA Sumat Singhal 28 April 2016 72254 Views

A COMPLETE AND CLEAR UNDERSTANDING OF SECTION 62 & 42 OF THE COMPANIES ACT 2013FURTHER ISSUE OF SHARE CAPITAL Section 62 of the Companies Act 20131) Where at any time, a company having a share capital proposes to increase its subscribed capital b