Corporate Law Articles

An overview on XBRL

Posted by Parth Sharma 17 August 2015 7683 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 14502 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

CARO 2015 Reporting and Format

Posted by NAVIN AGICHA 11 August 2015 33772 Views

Reporting Under CARO, 2015The Ministry of Corporate Affairs, on 10th April, 2015, notified the Companies (Auditor�s Report) Order, 2015 (CARO, 2015).APPLICABILITY:-It shall apply to every company including a foreign company as defined in clause

All about Special Resolutions

Posted by CA. Kapil Goel, DISA(ICAI) 10 August 2015 15164 Views

As per section 114(2) : A resolution shall be a special resolution when�(a) the intention to propose the resolution as a special resolution has been duly specified in the notice sent for meeting;(b) the notice required under this Act has been d

CSR activities where CSR money can be spent

Posted by CS MOHIT SALUJA 10 August 2015 12038 Views

After the enactment of the Companies Act, 2013, amongst a no. of core areas, CSR is the one which is much debated and discussed by the Ministry and Law Chambers. This is the area, where the Government has ke

Digital India Programme in Modi Style

Posted by ESHA AGRAWAL 10 August 2015 9699 Views

What is Digital India? Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. Prime Minister Narendra Modi said in his speech

FAQ on keeping the books of accounts at a place other than registered office of the company

Posted by CS MOHIT SALUJA 10 August 2015 9102 Views

Companies Act mandates every company to keep its books of accounts and other related books, papers along with financial statements at the Registered Office of the company. This provision has been given under section 128 of the companies act, 2013. B

Listed Companies Beware of Clause no.36

Posted by G S Rao 08 August 2015 16403 Views

Introduction: SEBI�s recent order against New Delhi Television Ltd(NDTV) for violation of Clause no.36 of listing agreement is a matter of concern for all listed entities. SEBI slapped a fine of Rs.2 crores on NDTV for its failure to disclose

Incorporation of one person company

Posted by CS Divesh Goyal 08 August 2015 12715 Views

“With the development of the practice, there will be more and more ‘exception’ phenomena which can’t be explained by the original thoughts or theories. Once these exceptions developed to such an extent that waved people’

Incorporation of Private Limited Company

Posted by Parth Sharma 08 August 2015 18953 Views

Features of Private Limited Company Separate Legal Status Capacity to borrow Easy Transfer of shares Minimum number of Members : 2 ; Maximum number of Members : 200 Minimum Capital : Nil {omitted by Companies (Amendment) Act, 2015} Limited Liability