Corporate Law Articles

CSR - An Overview

Posted by Srinivas 15 July 2015 6898 Views

SCHEDULE VII / SEC 135CORPORATE SOCIAL RESPONSIBILITY1. APPLICABILITY:Companies (Either private or public) having, Net worth of Rs. 500 crores or, Turnover of Rs. 1000 crores or, Net profits of Rs. 5 crores, Have to spend at least 2% of it

Learning Series on CSR LAW in India (2nd Issue)

Posted by SAGA 14 July 2015 9212 Views

Learning Series on CSR LAW in India (2nd Issue)Some Confusing & Debatable CSR IssuesIntroduction1.1.1 The law relating to CSR in India is provided in Section 135 of the Companies Act, 2013 read with Schedule VII of the Act and The Companies (Corp

Stamp duty on issue of share certificates

Posted by CS Divesh Goyal 19 June 2019 52825 Views

BACKROUND:As per Section 3 of Indian Stamps Act 1899, Every Share Certificate must bear the necessary stamp duty as per the Stamp Act of the respective State/ Union Territory from which Certificate is issued. The rates of stamp duty can be obtained w

Story of independent directors

Posted by Amitav Ganguly 08 July 2015 11655 Views

Background Ideally speaking Independent Directors play crucial roles in the governance of their companies. They bring in valuable, independent and objective judgements, views and opinions to the Board of Directors, {in short, the Board}, raise import

Foreign company compliances

Posted by CS Divesh Goyal 06 July 2015 10285 Views

As Per Section 2 (42) Foreign company is a company or body corporate incorporated outside India which(a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and(b) conduct any business

Do companies consider these factors to declare dividend?

Posted by Amitav Ganguly 03 July 2015 13569 Views

DO COMPANIES CONSIDER THESE FACTORS TO DECLARE DIVIDEND? BackgroundDividend strategy of a company, more particularly which is widely held, should be such that the needs for funds within the company are satisfied and also the reasonable expectations o

Incorporation of WOS Foreign Company

Posted by CS Divesh Goyal 03 July 2015 11967 Views

BACKGROUND:India is a preferred destination for investment from NRIs, Foreign Nationals and Foreign Companies due to its booming economy and wealth of resources. India is among the fastest growing economies in the world, slated for tremendous growth

Right issue of shares under Co. Act, 2013

Posted by CS Divesh Goyal 14 September 2023 15984 Views

BACKGROUND:As per Section 62(1) of the Companies act, 2013 if the Company decides to issue fresh shares, these should be offered to existing shareholders in proportion to existing persons who are holders of equity shares.�Right Issue� mea

LLP | Hybrid between a company and a partnership firm

Posted by CA. Kapil Goel, DISA(ICAI) 08 April 2021 11767 Views

Concept: Limited Liability Partnership, LLP is another corporate form of business which gives the benefits of limited liability of a company and the flexibility of a partnership firm. The LLP can continue its existence irrespective of changes in part

Applicability of CSR

Posted by mansi goel 20 February 2024 12436 Views

Meaning:Corporate social responsibility may be referred to as "corporate citizenship" and can involve incurring short-term costs that do not provide an immediate financial benefit to the company, but instead pr