Corporate Law Articles

Understanding Section 185 of Companies Act, 2013

Posted by Sumit Talreja 20 May 2015 20920 Views

Understanding Section 185Section 185 of the Companies Act, 2013 is the replacement section of 295 of the Companies Act, 1956. Upon a perfunctory glance at the section, the key points of departure from the old act is wiping out of Central Government&r

Company law notifications since the commencement of Co. Act, 2013

Posted by Amit Dharmani 20 May 2015 8730 Views

1. General Circular No. 07/2015 - Clarification whether a managerial person appointed in accordance with such provision of Schedule XIII of Earlier Act may receive relevant remuneration for the period as approved by the company in a

All about independent directors

Posted by Sitansh Magia 20 May 2015 11181 Views

INDEPENDENT DIRECTOR (ID):The term is defined in sec 149(5). In nut shell, a person qualifies for being appointed as the ID if (a) he is not the Promoter or related to the promoters of the company, its holding co., subsidiary companies or associate c

"My fair lady" for Chartered accountants firms

Posted by Rajat Mohan 20 May 2015 22635 Views

IntroductionAppointment of statutory auditor has always been an eye-popping issue under the Companies Act, 1956. Lawmakers have always given a great significance to these provisions in order to maintain the integrity, objectivity and unbiasedness o

The Companies (Amendment) Bill, 2014

Posted by Amit Dharmani 19 May 2015 12381 Views

The details of the amendments are as under:1. Requirement of minimum paid- up share capital for private and public companies is proposed to be omitted. (For ease of doing business)In terms of section 2(68) and 2(71) of the Companies Act, 2013, privat

Clarification on applicability of secretarial standards

Posted by VIGNESH SC BOSE 15 May 2015 15481 Views

Secretarial Standards on General / Board meeting � Clarification - Considering the date of effectiveness of Secretarial Standards from 1st July, 2015, the Institute clarifies that these Secretarial Standards shall apply to Board Meetings and Ge

Audit Committee under Section 177 of Companies Act,2013

Posted by CS M.Kurtrala Nathan 14 May 2015 36153 Views

Audit Committee under Section 177 of Companies Act,2013CS M. KurthalanathanSection 177 of the Companies Act,2013 and Rule 6 and 7 of Companies (Meetings of Board andits Powers) Rules,2014 deals with the Audit Committee.Applicability of Audit Committe

Changes in Companies Act

Posted by gourav singh 12 May 2015 37205 Views

Page 1 of 9Dear All,As you all know, The Companies Act 2013 has been notified and made applicable from thefinancial year 2014-15. The 2013 Act introduces significant changes in the provisions related toFinancial Statements, Disclosure Norms, Complian

E Form INC 29 - A commendable initiative by MCA

Posted by Sudish Kumar Gupta 11 May 2015 24203 Views

Dear Members,In India, before coming into effect Companies (Incorporation) Amendment Rules, 2015, there was only one route for incorporating a company. Earlier Incorporation of a Company starts from taking Director Identity Number (DIN) and Digital s

Secretarial Standards: Stricter norms for conduct of board and shareholders meet

Posted by CS Avinash Godse 08 May 2015 10165 Views

Introduction:The Institute of Company Secretaries of India (ICSI) has long back introduced some set of rules and norms, which are supplementary to the Companies Act, 1