Corporate Law Articles

Conversion of public limited company into private limited company

Posted by CS Divesh Goyal 24 August 2015 11099 Views

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

Posted by Parth Sharma 21 August 2015 20176 Views

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

Issue of Sweat Equity Shares under Companies Act, 2013

Posted by Sudish Kumar Gupta 18 May 2023 41598 Views

Dear Readers/ Professional Members,Greetings for the day..Section 54 of the Companies Act, 2013 corresponds to section 79A of the Companies Act, 1956 and seeks to provide that on fulfilling certain conditions, a Company may issue sweat equity shares

Acceptance of deposit from members in case of private limited company

Posted by CS Divesh Goyal 20 August 2015 16429 Views

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

Posted by SAGA 19 August 2015 67837 Views

Introduction1.1.1 The Finance Act, 2014 has brought a very radical & far reaching

Process for conversion of OPC into private limited company

Posted by CS Divesh Goyal 18 August 2015 20907 Views

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

Posted by Dilip K Raina 18 August 2015 4642 Views

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

Incorporation of Limited Liability Partnership

Posted by Sneha 17 August 2015 8854 Views

IntroductionLimited Liability Partnership (LLP) is a separate legal entity which has the benefits of �Limited Liability�. It is governed and registered under the Limited Liability Partnership Act, 2008 and the rules made thereunder. Sm

An overview on XBRL

Posted by Parth Sharma 17 August 2015 7695 Views

What is XBRL eXtensible Business Reporting Language (XBRL) A more advanced form of XML. (XML reporting is already being used by the Income-tax Department in India.) It is a revolutionary format for financial reporting process for both preparers and

Direct Foreign Direct Investment (FDI) in India

Posted by Neeraj Sharma 12 August 2015 14533 Views

After hearing enough rambling on FDI�s and its urgent need to stop Indian rupee fall, one is very curious to know about FDI and trying to understand what qualifies as FDI and what routes are available for them to invest in our country.Foreign D