Corporate Law Articles

Analysis of directors' statutory obligations - Sec 166 of CA 2013

Posted by Amitav Ganguly 30 November 2015 17446 Views

BACKGROUNDThe Companies Act 2013 {new Act 2013} for the first time has laid down the duties of directors in unequivocal terms in the section 166 in contrast to erstwhile Companies Act 1956. It is a well established judicial precedent that the Directo

SEBI Listing Regulation 2015 - Common obligations of listed entities

Posted by CS Divesh Goyal 30 November 2015 11598 Views

Presently, a private agreement between Stock Exchange and listed company govern all listing obligation and disclosure requirement. This listing agreement like any other agreement among parties creates civil obligation in case of any violation of the

Limited Liability Partnership: The emerging concept & its notable features

Posted by CA Arun Kumar 28 November 2015 30207 Views

Limited Liability Partnership (LLP):This is a form of the organization that brings the benefits of the flexibility of the Partnership and the Limited Liability of the Company based on the mutually arrived agreement.LLP is an incorporated partnership

Short note on corporate social responsibility

Posted by CA SONIYA AGARWAL 28 November 2015 25147 Views

Year of Applicability: CSR is applicable from Financial Year 2014-15 Qualifying company (Section 135):- CSR is applicable to every Indian Companies including its holding or subsidiary which meet least of the following threshold Limit in any of the th

Types of Directors under Companies Act 2013

Posted by CA Arun Kumar 26 November 2015 36011 Views

DirectorsOn Incorporation,a company becomes a person in the eyes of law. However, it does not have any physical appearance. In order to achieve the objects that are stated in the Memorandum of Association, the company has to depend up on agency calle

Video-conferencing - A recognised merger of Information Technology Act

Posted by CA JINAL SHAH 18 November 2015 8069 Views

Introduction1. With the lapse of time information technology continues to impact on day to day activities whether it is banking, communication, etc. Thus, it is impracticable for corporate world to remain untouched by it. With rapid change in busines

Critical analysis of Section 185 and Section 186 of the Companies Act, 2013

Posted by Krishan Singla 16 November 2015 35900 Views

Critical analysis of Section 185 and Section 186 of the Companies Act, 2013Section 185 of the Companies Act, 2013 ( herein after referred as the Act ) deals with giving of loans to directors and others and section 186 of the Act deals with giving o

Financial instruments under IND AS

Posted by P.R. Sethuraman 13 November 2015 58195 Views

Accounting Standards on �Financial instruments� � ASs 30 and 31 respectively on Recognition and Measurement; and on Presentation remained recommendatory till date without being made effective for umpteen number of reasons, known and

Understanding managerial personnel & key managerial personnel

Posted by Amitav Ganguly 13 November 2015 26287 Views

UNDERSTANDING MANAGERIAL PERSONNEL & KEY MANAGERIAL PERSONNELUNDER COMPANIES ACT 2013MEANING OF MANAGERIAL PERSONNEL/PERSONThe term �managerial personnel or managerial person� used interchangeably in the law, has not been defined per

Issue of Bonus Shares

Posted by CS AYUSH SUHIRID 13 November 2015 4254 Views

ISSUE OF BONUS SHARESBONUS SHARES:Bonus shares are additional shares given to the current shareholders without any additional cost, based upon the number of shares that a shareholder owns.Bonus share is a boom-keeping transaction, it capitalizes a pa