Corporate Law Articles

Concept of one person company

Posted by CS Shivam Singhal 13 January 2016 15238 Views

OPC- Section 2(62) of Companies Act, 2013 provides that �One Person Company� means a Company which has only one person as a Member.CHARACTERISTICS OF OPC-1) Natural Person + Indian Citizen + Resident in India = Incorporate an OPC/ Nominee

Analysis on related party transcations

Posted by CS Shivam Singhal 12 January 2016 12803 Views

RELATED PARTY- As Per Section 2(76) of the Companies Act, 2013, Related Party meansa) A directorb) Relative of directorc) KMPd) Relative of KMPe) A Firm, in which a director, manager or his relative is a Partnerf) A Private Company in which a directo

Corporatization & demutualization of stock exchanges in India

Posted by deepak kumar srivastava 11 January 2016 85164 Views

EXISTING STRUCTURE OF THE STOCK EXCHANGE IN INDIA A Stock Exchange is an organized market for purchase and sale of listed Industrial and financial securities. Securities traded on Stock Exchanges include shares and debentures of Public Limited Compan

Secretarial Standard 1- A bird's view

Posted by sachin bhola 11 January 2016 8105 Views

The whole Secretarial Standard I is divided into following eight parts: 1. Convening a meeting 2. Frequency of meeting 3. Quorum 4. Attendance 5. Chairman 6. Passing of resolution by

Process of condonation of delay

Posted by CS Divesh Goyal 09 January 2016 30899 Views

Series- 119 PROCESS OF CONDONATION OF DELAY IN CREATION/MODIFICAITON/SATISFACTION OF CHARGECHARGE:Section 77 states that Companies are required to register ALL TYPES OF CHARGES, with ROC within 30 days of

Techniques of fraud reporting By auditors

Posted by CS SIDDHARTHA BANIK 08 January 2016 17651 Views

Companies Act, 2013 has introduced provisions for detecting fraud at the grassroots level by forcing accountability to the Auditors of the Company. Accordingly Central Government notifies the Companies (Audit and Auditors) Amendment Rules, 2015 by a

Omnibus approval for related party transaction

Posted by CS Divesh Goyal 08 January 2016 12118 Views

In case of Companies Act, is the board required to approve all related party transactions from audit committee?[1] The Companies Act 2013 prescribes that a company needs approval of the audit committee on all related party transactions and subsequent

The thrust of corporate meetings

Posted by sachin bhola 08 January 2016 7636 Views

Assume a situation where company wants to appoint a new director or wants to increase its share capital. Now the question arises how company can give effect to the proposed business because company being an artificial entity cannot act on its own. Bo

Analysis of the Companies (Meetings of Board and its Powers) Second Amendment Rules, 2015

Posted by SANOJ KUMAR 07 January 2016 17718 Views

The Analysis of the Companies (Meetings of Board and its Powers) Second Amendment Rules, 2015 and Companies (Audit and Auditors) Amendment Rules 2015 which to be published in the Gazette of India as on 14th December, 2015.In the Companies (Meeting of

Analysis of Sec 185 of the companies act 2013: Every banker should know

Posted by CA Sumat Singhal 06 January 2016 153877 Views

Giving a corporate guarantee to banks/lenders by a company, other than the borrower, that the loan will be paid back, is a usual practice in the normal course of trade and commerce across the world. By and large, a larger company (often a known flagship