Corporate Law Articles

All about Corporate Social Responsibility (CSR)

Vinay Prabhu 07 March 2014 at 12:35

Background and Meaning: Corporate Social responsibility (CSR), is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in, self-regulating mechanism whereby a business monitors and ensures its active c

SFIO under Sec.211 & 212 of the Companies Act,2013

CS M.Kurtrala Nathan 07 March 2014 at 12:30

Introduction:The Serious Fraud Investigation Office (SFIO) is a fraud investigating agency in India. It is under the jurisdiction of the Government of India. The SFIO is involved in major fraud probes and is the co-ordinating agency with the Income T

Annual Return under Sec.92 of the Companies Act,2013

CS M.Kurtrala Nathan 06 March 2014 at 12:58

Section 159,160,161,162 & Schedule V deals with the Annual Return & related provisions under Companies Act,1956. But in Companies Act, 2013 all these sections are combined together in one Section namely 92. Every company shall prepar

Schedules under Companies Act,2013

CS M.Kurtrala Nathan 06 March 2014 at 12:58

Companies Act,1956 Companies Act,2013 16 Schedules 7 Schedules The Companies Act,2013 has skips the following schedules ; Schedule Particulars Remarks IA List o

Practical Aspects of CSR Compliance

Arpit Shah 05 March 2014 at 13:21

Applicability: If the company has Net Worth of Rs. 500 crore In any of the closure of FY in 2013-14, 2012-13 & 2011-12 Turnover of Rs. 1000 crore Net Profit of Rs. 5 crore Then the compa

One Person Company (OPC) - Pros and Cons

CA MK Agarwal 05 March 2014 at 13:20

With this new concept, small entrepreneurs can set up a one person company (OPC) without sharing their profit with another individual. They can register with just one shareholder with limited regulatory costs and other requirements.

Whistle Blowing / Vigil Mechanism under Sec. 177 of CA, 2013

CS M.Kurtrala Nathan 05 March 2014 at 13:20

Introduction:The term whistle-blowing originates from the practice of British policemen who blew their whistles whenever they observed commission of a crime. Whistle blowing means calling the attention of the top management to some wron

CSR- The New Mantra for Corporates

Vandana J Doshi 04 March 2014 at 11:52

The historic Companies Bill which had received the Presidents assent on 29th August, 2013 and became the Companies Act, 2013, (hereinafter the new Act) by notification in the Official Gazette, on 30th August, 2013, had initially

The Companies Act, 2013 - Provisions relating to contribution to political parties

G S Rao 04 March 2014 at 11:52

Introduction: Political parties in India extend favors, for those who contribute them with hefty donations, when they come to power. Before elections donors have to keep both prominent parties in good spirit so that their future interests are balance

Comparison of CSR Rules, 2014 with draft CSR Rules

Mohit Jain 01 March 2014 at 12:50

MCA has notified the provisions relating to Corporate Social Responsibility (CSR) of the Companies Act, 2013 [Section 135 and Schedule VII of the Act read with Companies (Corporate Social Responsibility Policy) Rules, 2014]. These provisions will be