Corporate Law Articles
Loans from directors, relatives, members for Pvt. Ltd. companies
In what will be seen as a major relief to Private Limited Companies, the MCA has finally clarified that amounts received by Private Companies ( prior to April 1, 2014 ) from Members, Directors or their relatives prior received prior to April 1, 2014
MCA Circular 30/3/15- repayment of deposits u/s 74 waived?
MCA has issued a Clarification vide General Circular No. O5/2O15 dated 30th March, 2015, regarding applicability of Companies (Acceptance of Deposits) Rules, 2014 to amounts received by Private Limited Companies from their members, directors or their
Deposits under companies act, 2013
Deposits are crucial Topic under Companies Act, 2013. As the month of March is on its end, most of the companies which have taken loan earlier under the companies act 1956 and have filed DPT54 in this Financial year declaring that the companies has s
Process of filling of application with company law board
PROCESS OF FILLING OF APPLICATION WITH COMPANY LAW BOARDFOR EXTENTION FOR TIME OF REPAYMENT OF DEPOSITGOYAL DIVESH & ASSOCIATES,PRACTICING COMPANY SECRETARYREPAYMENT OF DEPOSIT: As per Section 74(1) (b) Every company which have deposit as on 1st
Appointment of Women Directors
Women Directors, yeah, we really need them! Kunal, really, why do you want women ruling the Board too? My reply, why not...? It’s high time we walk the talk and start offering a board seat to all the competent ladies out there. Thanks to SEBI a
Risk Management Policy
Section 134(3)(n) - Risk Management Policy There was some relief when the regulators relaxed the reporting requirement of Internal Finance Control (IFC) under section 134(5)(e) of the Companies Act, 2013 (the Act) which is applicable for listed comp
Loan to Directors- Section 185
New Company law puts a complete prohibition on grant of loans to Directors and persons in which such directors are interested except a few exceptions. Further the section is applicable on all types of companies, be private or public. Section 185 proh
Provision relating to auditor under new Companies Act
PROVISONS RELATING TO AUDITORPROVISIONS ON AUDITORSUNDER COMPANIES ACT, 2013 I have earlier discussed the many provisions relating to auditors in my earlier articles. Earlier published articles are as following: I. Appointment of AuditorII. Resignati
Should the company re-pay the deposits
As the month of March is on its end, most of the companies which have taken loan earlier under the companies act 1956 and have filed DPT-4 in this Financial year declaring that the companies has such and such amo
"All" is not well - Compliance of Applicable laws is sick
The dictionary meaning of the word ALL means the whole quantity or extent of a particular group or thing and the adverb means completely, fully, entirely, totally, wholly, absolutely, utterly, outright, thoroughly. In Companies Act, 201
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