Corporate Law Articles

Highlights of 98 Sections of Companies Act, 2013

CS DHANAPAL 05 December 2013 at 10:49

An analysis of the important Sections! The Ministry of Corporate Affairs has notified 98 sections of the new Companies Act, 2013. These sections have come into effect from 12th September 2013. Subsequent to coming into effect of these Sections under

Corporate Social Responsibility under the Companies Act, 2013

CS DHANAPAL 03 December 2013 at 11:38

INTRODUCTION Corporate Social Responsibility (CSR) has been in existence for a long time and is almost as old as civilization. It is based on the Gandhian Principle of trusteeship concept whereby business houses are looked upon as trust

Independent Directors under Companies Act 2013

CS DHANAPAL 03 December 2013 at 11:37

Independent directors as the name suggests are directors on Board of a company who are independent individuals, not having any other relationship or transaction with the company. The concept of Independent directors gained momentum in the late 1980s

Different Committees as per the Companies Act, 2013 - Part III

Vandana J Doshi 02 December 2013 at 12:28

Hello Friends,Once again thanks a lot for your warm response to my previous articles. In continuation of my previous two articles on the Corporate Social Responsibility Committee (click here) and the Nomination & Remuneration Committee (click her

Issue of Shares with Differential Voting Rights

CS DHANAPAL 30 November 2013 at 15:36

PROVISIONS CONTAINED IN COMPANIES ACT, 2013 READ WITH DRAFT RULES Companies Act 2013 has tightened many of the lose ropes prevailing in the Companies Act of 1956. One such area where the provisions have been made more stringent is Issue of sha

Liability of Auditors under the Companies Act, 2013

CS DHANAPAL 30 November 2013 at 15:36

Auditors, Watch Out!! Lord Justice Topes had once famously remarked that: The auditor is a watchdog and not a bloodhound. Companies Act, 2013 does not seem to echo this thought! The kind of stringent measures prescribed against auditors

Employee's Provident Funds & Miscellaneous Provisions Act, 1952

Sagar Gupta 30 November 2013 at 15:35

Provident Fund scheme was started by few concerns even before the enactment of the act. The government in 1952 framed this act for the benefit and welfare of the employees. This a

Provisions relating to issue of Share Certificates

CS DHANAPAL 29 November 2013 at 13:28

PROVISIONS RELATING TO ISSUE OF SHARE CERTIFICATES UNDER COMPANIES ACT 2013 Share Certificates which are duly issued and held in compliance with provisions of law are deemed to be evidence of title of the person to the shares contained therein. It is

The Companies Act 2013 - Provisions relating to Financial Statements

G S Rao 29 November 2013 at 13:28

Introduction: The Companies Act, 2013(the Act or New Act) brought in many changes which directly impact preparation of financial statements and require understanding of the new definitions and provisions relating to related party disclosures, deposit

How to file ROC Return ?

Member (Account Deleted) 29 November 2013 at 11:27

How to file ROC 1) Why we file Return of CompaniesBecause under Companies Act every company is required to file annual return. 2) When and what information is required to file. Companies having Share Capital Companies having no shar