Corporate Law Articles
FAQ on auditor appointment under companies act, 2013
A. Auditors Appointment1. What are the critical aspects to be considered before accepting appointment as auditor Parameter Act Reference Content Education Sec 141(1) A Chartered Account
No mercy killing for companies act, 2013
Is there any possibility of restoring the Companies Act, 1956? This question must be running in the minds of many entrepreneurs and professionals. There is so much of ambiguity in the framing of the draconian 2013 Act, that one feels the 2013 Act des
Key highlights of companies amendment act 2015
In the wake of changing business conditions, new companies act 2015 was rolled out and notable changes have been made in order to make a conducive business atmosphere, also key initiatives had been introduced to support investors.A brief gist of key
A bird eye on credit rating
Credit RatingCredit Rating is the evaluation of the credit worthiness of an instrument of a company based on perceived overall risk of a company’s business and financial profile as well as structural consideration. Credit rating establishes a l
Latest procedure of company formation
1. Obtain Digital Signature of all directors (Time taken 1 day)Requirements: � Copy of PAN card (self attested) and a Photo� 1 address proof (self attested)2. Obtain DIN for all directors in Dir-3 (Time tak
Analysis on director report
It is mandatory for every company, to forward to its members, along with its annual Financial Statement the Board of Director�s report. Report of Board of Directors should be �ATTACHED� to the Balance Sheet laid before the AGMProvis
Key managerial personnel under Companies Act, 2013 - An analysis
Pursuant to the provisions of Section 203 of the Companies Act, 2013 (Act) every class of companies as prescribed shall be mandatorily required to have Key Managerial
Companies without common seal are at great risk
Companies without Common Seal are at great Risk. The Companies (Amendment) Act,2015, has been notified. By the said Amendment Act few sections of the Companies Act,2013, have been amended. One of the amended s
Bonus Issue of Shares
Procedure for Issue of Bonus Shares Companies Act, 2013 Compliance with Section 63 of the Companies Act, 2013. Issue can only be out of :- Out of Free Reserves Securities Premium Account Capital Redemption Reserve Account. Further proceed with below
Depreciation under Companies Act, 2013
SCHEDULE II OF THE COMPANIES ACT, 2013(DEPRECIATION) AND THE PRACTICAL IMPLICATIONSo Friends, the time for Preparation of the first financial statements as per Companies Act is here. One of the most important provisions of the Act for the Companies a
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