Corporate Law Articles

Loans from directors, relatives, members for Pvt. Ltd. companies

CA Sripriya K 01 April 2015 at 10:49

In what will be seen as a major relief to Private Limited Companies, the MCA has finally clarified that amounts received by Private Companies ( prior to April 1, 2014 ) from Members, Directors or their relatives prior received prior to April 1, 2014

MCA Circular 30/3/15- repayment of deposits u/s 74 waived?

Shree 01 April 2015 at 10:48

MCA has issued a Clarification vide General Circular No. O5/2O15 dated 30th March, 2015, regarding applicability of Companies (Acceptance of Deposits) Rules, 2014 to amounts received by Private Limited Companies from their members, directors or their

Deposits under companies act, 2013

CS Divesh Goyal 31 March 2015 at 11:05

Deposits are crucial Topic under Companies Act, 2013. As the month of March is on its end, most of the companies which have taken loan earlier under the companies act 1956 and have filed DPT54 in this Financial year declaring that the companies has s

Process of filling of application with company law board

CS Divesh Goyal 30 March 2015 at 10:48

PROCESS OF FILLING OF APPLICATION WITH COMPANY LAW BOARDFOR EXTENTION FOR TIME OF REPAYMENT OF DEPOSITGOYAL DIVESH & ASSOCIATES,PRACTICING COMPANY SECRETARYREPAYMENT OF DEPOSIT: As per Section 74(1) (b) Every company which have deposit as on 1st

Appointment of Women Directors

Kunal R. Sarpal 28 March 2015 at 15:54

Women Directors, yeah, we really need them! Kunal, really, why do you want women ruling the Board too? My reply, why not...? It’s high time we walk the talk and start offering a board seat to all the competent ladies out there. Thanks to SEBI a

Risk Management Policy

Sundharesan Jayamoorthi 28 March 2015 at 15:53

Section 134(3)(n) - Risk Management Policy There was some relief when the regulators relaxed the reporting requirement of Internal Finance Control (IFC) under section 134(5)(e) of the Companies Act, 2013 (the Act) which is applicable for listed comp

Loan to Directors- Section 185

Monika Jain 27 March 2015 at 10:48

New Company law puts a complete prohibition on grant of loans to Directors and persons in which such directors are interested except a few exceptions. Further the section is applicable on all types of companies, be private or public. Section 185 proh

Provision relating to auditor under new Companies Act

CS Divesh Goyal 25 March 2015 at 10:40

PROVISONS RELATING TO AUDITORPROVISIONS ON AUDITORSUNDER COMPANIES ACT, 2013 I have earlier discussed the many provisions relating to auditors in my earlier articles. Earlier published articles are as following: I. Appointment of AuditorII. Resignati

Should the company re-pay the deposits

CS MOHIT SALUJA 24 March 2015 at 10:34

As the month of March is on its end, most of the companies which have taken loan earlier under the companies act 1956 and have filed DPT-4 in this Financial year declaring that the companies has such and such amo

"All" is not well - Compliance of Applicable laws is sick

Sundharesan Jayamoorthi 24 March 2015 at 10:34

The dictionary meaning of the word ALL means the whole quantity or extent of a particular group or thing and the adverb means completely, fully, entirely, totally, wholly, absolutely, utterly, outright, thoroughly. In Companies Act, 201