Corporate Law Articles


Fast track exit mode for defunct companies under section 560

Posted by Sahil Jolly 10 February 2015 24681 Views

Fast Track Exit mode for Defunct Companies under section 560 of the Companies Act 1956 A number of Companies registered under the Companies Act 1956 are inoperative since incorporation or commenced business but became inoperative or defunct later on



Lagaan - Is it CSR or GSR?

Posted by Sundharesan Jayamoorthi 07 February 2015 20353 Views

In the guise of Corporate Social Responsibility (“CSR”) the Government is delegating the social work in the hands of corporate; is CSR becoming a Government Shirking Responsibility (“GSR”). It is difficult to believe and compr



Critical issues under provisions of Section 149 of Companies Act, Independent Directors

Posted by APARNA.R 07 February 2015 25278 Views

Applicability: All listed Companies Every other public Company havingPaid up share Capital of Rs.10 crore or more OrTurnover of Rs.100 crore



Private Placement under Co. Act,2013

Posted by CS M.Kurtrala Nathan 07 February 2015 16690 Views

Section 42 of the Companies Act,2013 and Rule 14 of Companies (Prospectus and Allotment of Securities )rules ,2014 deals with Private Placement."Private placement" means any offer of securit



Financial Statement,Board Report under Cos Act,2013

Posted by CS M.Kurtrala Nathan 04 February 2015 12474 Views

Section 134 of the Companies Act,2013 and Rule 8 & 9 of the Companies (Accounts)Rules,2014 deals with the Financial Statement and Board Report.Signing of the Financial Statement: The financial statement, including consolidated financial statement



Aaj ka Robin hood- CSR is it inclusive or exclusive?

Posted by Sundharesan Jayamoorthi 03 February 2015 5910 Views

A recent headline in a financial daily “Zuck slams Cook: If you cared, your products would be cheaper”. This statement may sound mean, but can mean that no entrepreneur should play the role of a modern day Robin hood. The entrepreneur sho



Frequently Asked questions on CSR

Posted by APARNA.R 03 February 2015 14685 Views

FAQ on Corporate Social responsibility as per Companies Act, 2013:1. Whether salaries paid to regular CSR staff and volunteers can be factored into CSR project cost.Ans: Yes, the above will become a part of CSR expenditure.2. Under what conditions th



Companies Amendment Bill 2014

Posted by CS DHANAPAL 28 January 2015 20602 Views

Companies Act, 2013 (Act) which was notified on 29.08.2013 has brought about enormous changes in almost every sphere of Corporate Compliance, Management and Administration. Out of 470 sections in the Act, 283 sections and 22 sets of Rules correspondi



Case Study on Related Party Transactions

Posted by Nisha Sharma 28 January 2015 38827 Views

This article is a case study on section 188 i.e. entering into contracts or arrangements with a related party with respect to: Case Study: Parties for which the case is to be discussed: a. ABC Pvt Ltd, a Company incorporated under Companies Act, 1956



Test of Integrity for an Independent Director under Companies Act 2013

Posted by Sundharesan Jayamoorthi 27 January 2015 7889 Views

The Companies Act 2013 (referred as the Act) has introduced lot of funny governance compliances and every Independent Director requiring to issue a declaration of integrity under section 149(6)




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