Corporate Law Articles
Base of Indian company law
BackgroundIn the classical U K case of Salomon – vs.- Salomon & Co., 1897 AC 22, the legal position of a company was established having far reaching consequences in corporate jurisprudence .It was held by the Court, in that case, that
Imperfection in Professional Work of form 32 in Sheena Bora murder case
IMPERFECTION IN PROFESSIONAL WORK IN FORM 32 BY INDRANI MUKERJEA (SHEENA BORA MURDER CASE) On 28.08.2015, I was watching DNA on Sheena Murder Case on Zee News. The reporter Sudhir Choudhary disclosed the companies in which the Indrani Mukerjea was ac
CSR: Mandatory or Optional
The preamble to the constitution of India describes it as a � sovereign socialist secular democratic republic�. Since independence, India has followed a mixed pattern of economy wherein the sovereign as well as the private sector contrib
Appointment of new statutory auditor in case of resignation
PRACTICLE ASPECT ON APPOINTMENT OF AUDITOR IN CASE OF RESIGNATION An auditor appointed under section 130 of Companies Act 2013, can resign after his or her appointment. When an auditor ceases to hold office after resignation as company auditor, the a
Conversion of public limited company into private limited company
Keeping in view the relaxations provided to a Private Company, many public companies have converted into Private Companies or in the process of such conversion. Through this brief write up an attempt has been made to unlock the technicalities related
Major initiatives on improving "Ease of Doing Business" in India
The Government of India has taken up a series of measures to improve Ease of Doing Business. The emphasis has been on simplification and rationalization of the existing rules and introduction of information technology to make governance more efficien
Acceptance of deposit from members in case of private limited company
BACKGROUND:Loans are the major source of funding for most of the Companies apart from their Share Capital. Companies borrow from various sources like banks and various other financial institutions. Whereas,Public Limited Companies borrow from mass pu
Overview of tax implication of CSR expenditures
Introduction1.1.1 The Finance Act, 2014 has brought a very radical & far reaching
Process for conversion of OPC into private limited company
BACKGROUND:The Introduction of One Person Companyinto the legal system is a move that wouldencourage the entrepreneurs enters intocorporate world. This will not only enableindividual capabilities to contribute economicgrowth, but also generate employ
CSR - Some Concerns
With the passage of companies� act 2013 a mandatory responsibility under section 135 was cast on companies to spend 2% of the net profit as calculated under section 198 of the companies act on the activities listed therein and being social in n
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