Companies Act, 2013 (Act) which was notified on 29.08.2013 has brought about enormous changes in almost every sphere of Corporate Compliance, Management and Administration. Out of 470 sections in the Act, 283 sections and 22 sets of Rules correspondi
This article is a case study on section 188 i.e. entering into contracts or arrangements with a related party with respect to: Case Study: Parties for which the case is to be discussed: a. ABC Pvt Ltd, a Company incorporated under Companies Act, 1956
The Companies Act 2013 (referred as the Act) has introduced lot of funny governance compliances and every Independent Director requiring to issue a declaration of integrity under section 149(6)
5 Easy steps to convert Private Limited Company into LLP .STEP 1:- Decide PartnersAs only members can be the partners of proposed LLP. At least 2 partners should be designated partner. In case of Body Corporate who was the member of
The Companies Act, 2013 has put more formalities on incorporation of a company. Consequently, the cost for incorporation of a company has increased. Following is the process for incorporation of a private Limited company. Step 1-Procuring Director Id
The Companies Act 2013 (referred as the Act) has introduced a new governance initiative that the independent directors shall meet separately without the attendance of non-independent directors and members of management. A similar clause
1. Applicability of XBRL (Extensible Business Reporting): General Circular No. 16/2012 Dated: 06.07.2014. Vide Companies (Filing of documents and forms in Extensible Business Reporting Language) Rules, 2011 notified vide GSR No. 748E dated 5.10.201
Section 143 Powers and Duties of auditors and auditing standards (Relevant Rule 11, 12, 13 of The Companies (Audit and Auditors) Rules, 2014)Auditor have right to access books of accounts and vouchers of the co. and all its subsidiaries, if a
CSR is the latest buzzword that matches Corporate Governance in terms of brand recall and search in most electronic media. Off late even the print media has stopped writing much on Governance; maybe with so many scams they have lost faith in the form and
PROCEDURE OF INCREASE IN AUTHORISED SHARE CAPITAL AND PRIVATE PLACEMENT SI.No. Nature of Event Date of Event Documents required to be prepared ROC Form 1 Issue letter