Corporate Law Articles

Report on AGM

CS M.Kurtrala Nathan 13 June 2014 at 16:56

Introduction:Section 121 of the Companies Act,2013 and Rule 31 of Companies (Management and Administration) Rules,2014 deals with Report on Annual General Meeting. This is the new provision introduced by the Companies Act ,2013, which mandates the re

CSR as per Companies Act, 2013

NILESH PATEL 12 June 2014 at 11:51

Key Highlights on Corporate Social Responsibility under Companies Act, 2013Abbreviations:1. CSR Corporate Social Responsibility 2. CSRP Corporate Social Responsibility PolicyImportant Points:1. CSR committee needs to be constituted if

New CA Act implication

CS Ankur Srivastava 10 June 2014 at 12:06

Companies Act, 2013A review and immediate actions required Sr. No Particulars Section Action to be taken Time limit 1. Changes in letterhead, bills etc Section 12(3) Pri

Deposit under new CA Act

CS Ankur Srivastava 10 June 2014 at 12:06

Detailed provisions of depositExisting Deposits: Where the deposit accepted by the company before the commencement of this Act, the amount of such deposit or part thereof or any interest due thereon remains unpaid on such commencement or becomes due

Section 139 - Appointment of Auditors

Saurabh Toshniwal 09 June 2014 at 11:57

Chapter X - Audit & Auditors (Section 139 to Section 148)Section 139 (Appointment of Auditors) Appoint at first annual general meeting who shall continue up to conclusion of 6th AGM Ratification by members at every AGM Written consent from Aud

Comprehensive Agenda Items of First Board Meeting in FY 2014

Ankur Garg 09 June 2014 at 11:57

Dear All, It is a fact that various new provisions / compliance have been prescribed by Companies Act, 2013. Some of these compliances are such where no transition period has been given. For example Section 12(3) and particularly clause (c) which req

Loan To Director - Simplified

CA Gaurav Mittal 06 June 2014 at 13:46

SECTION 185 & 186 OF COMPANIES ACT, 2013 SIMPLIFIEDPRACTICAL ASPECTS WITH EXAMPLES The section 185 of CA,2013 was notified on 12th September 2013 and was applicable from that day itself. If there is any deviation from the conditions laid under t

Company Act,2013 - Auditor - Part II

CA Chirag 06 June 2014 at 13:45

Rotation of AuditorsNewly enacted Companies Act, 2013 comes with a unique feature of Rotation of Auditors. No company can appoint an auditor for a period of more than five consecutive years.The said period of five years is of ten years in case where

Maintenance and Inspection of documents in electronic form.

CS M.Kurtrala Nathan 05 June 2014 at 12:36

Section 120 of the Companies Act,2013 and Companies (Management and Administration)Rules,2014 deals with the Maintenance and Inspection of documents in electronic form.Any document, record, register, minutes, etc are - (a) required to be kept by a co

Karniti Part-39: Now You Can Create Modiji Like One Person Company

CA Umesh Sharma 03 June 2014 at 16:26

Arjuna (Fictional Character): Krishna, Recently one person has shown that nothing is Impossible and created history, that person is Current Prime Minister of India Mr. Narendra Modi