Corporate Law Articles

CSR - An Overview

Posted by Srinivas 15 July 2015 6889 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 9196 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

Story of independent directors

Posted by Amitav Ganguly 08 July 2015 11633 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 10252 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 13538 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 11957 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

Signing of Annual return in new Companies Act

Posted by Zalak Talreja 29 June 2015 29152 Views

ANNUAL RETURN: SCHEDULE V OF COMPANIES ACT, 1956 V/S FORM MGT-7 (along with Form 7.8) OF COMPANIES ACT, 2013 Section 1956 V/S Section 2013: Earlier the provisions of Annual Return were governed under Section 159,160,161, 162 & Schedule V of the A

Provisions of charge given under Co. Act, 2013

Posted by CS Divesh Goyal 27 June 2015 13507 Views

Definition of Charge: ― As per Section-2 (16) Charge means- An interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage; PROVISIONS OF CHARGE GIVEN UNDER CHAPTER VI OF COMP

Nidhi Company - Companies act, 2013

Posted by CS Divesh Goyal 25 June 2015 15961 Views

Section � 406 read with rules of Companies (Nidhi Companies) Rules, 2014 SECTION 406 OF COMPANIES ACT 2013 AND NIDHI RULE 2014 GOVERNED THE LAW AND PROCEDURE FOR NIDHI COMPANY. Nidhi� means a company which has been incorporated as a Nidhi

Advantages & disadvantages of OPC

Posted by CS Divesh Goyal 24 June 2015 15043 Views

�In order to succeed, we must first believe that we can."Till 31St March, 2014, if you wanted to set up a private company, you needed at least one other person because the law mandated a minimum of two shareholders. So, for the person wan