RELATED PARTY TRANSACTIONS UNDER THE COMPANIES ACT, 2013 ( Section 188 of Companies Act, 2013 read with Rule 15 of Companies (Meetings of Board and its Powers) Rules, 2014 ) A. Applicability of the Section Section 188 of the Companies Act , 2013 is
The concept of Corporate Social Responsibility has been introduced by Companies Act, 2013. Section 135 of the Companies Act, 2013 deals with provisions related to Corporate Social Responsibility. Ministry of Corporate Affairs (MCA) has, vide its noti
It is inevitable that 'dynamic environment demands constant changes'. One of such change had been made in the Companies Act by notifying the Companies Act, 2013. In the present article we deal with the provisions of the 2013 dealing with the
Introduction:Related party for a company includes promoters, those who exercise significant influence on the management or key employees. Holding and subsidiary companies, group companies and joint ventures are also deeme
Acceptance of Depositunder the Companies Act, 2013w.e.f. 1st April, 2014I. Meaning of the word DepositsAs per Section 2(31) the word Deposit has been defined as follows:Deposit includes any receipt of money by way of depos
As per New Company Law, gap between two board meetings cant exceed 120 Days. If last board meeting of company was held on 31st March 2014 then next board meeting can be held upto 28th July, 2014 (April 30 days + May 31 Days + June 30 days +Jul
Section 177 of the Companies Act,2013 and Rule 6 and 7 of Companies (Meetings of Board and its Powers) Rules,2014 deals with the Audit Committee. Applicability of Audit Committee: The Board of directors of every listed companies and the following cla
Moving from the Companies Act 1956 to the Companies Act 2013 is like shifting from your old house to a new one. In the old house, where you have stayed for years, everything would have found its own place the shoes, the clothes, umbrella, fir
Procedure for Shifting of Registered Office from the Jurisdiction of One ROC to another ROC within the same State Dear All, In my previous 2 articles of this series titled Procedure for change in Registered Office we had discussed abou
COMPANY LAW SETTLEMENT SCHEME One time opportunity for companies to seek relaxation on filing fees for pending annual filing forms The Ministry of Corporate Affairs has announced the Company Law Settlement Scheme, 2014 (CLSS, 2014) vide its General C
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