Corporate Law Articles

Independent director under Companies Act 2013

Ajay Mishra 17 September 2013 at 18:04

An Independent Director (also sometimes known as a outside director or non-executive director) is a director (member) of a board of directors who does not have a material or pecuniary relationship wi

Areas of Ordinary Resolution under Co. Act 2013

CA.Tarun Nagpal 16 September 2013 at 12:33

Companies Act 2013 : Ordinary resolutions The companies act has brought smiles on corporate Indias face giving a much needed lift. Simplifying the procedural aspect will surely wash away the bad memories during the older regime. This article

The Companies Act, 2013 - Provisions relating to Independent Directors

G S Rao 13 September 2013 at 12:05

Introduction: Having received the assent of the President of India, The Companies Act, 2013 has come into existence on 29.08.2013 which will replace the old Companies Act, 1956. As per Section 1 of the new Act, different sections of

Leadership role for social and ethical accounting!

Kannan Iyappan 12 September 2013 at 12:40

Top managers provide the blueprint for what a firms corporate culture should be. If the leaders fail to express desired behaviours and goals, a corporate culture will evolve on its own whic

Note on Forfeiture of Shares - Part II

Ajay Mishra 10 September 2013 at 11:42

You have read the introductory and procedural part on Forfeiture of shares under my earlier article in Part I posted on this CCI club. In continuation on the above subject, Part II deal with Board Powe

What is a One Person Company?

CA Abhishek Malpani 10 September 2013 at 11:41

The recently enacted Companies Act 2013 has introduced us to a new form of business organisation in the country, viz., One Person Company (OPC). OPC is a significant and innovative idea of an organisation model.

Note on Forfeiture of Shares - Part I

Ajay Mishra 04 September 2013 at 12:46

Introduction To forfeit means to lose the right to, be deprived of; to lose or become liable to lose, as in consequence of fault or breach of promise or contract. It is a penalty for a breach of contrac

Detailed insight on Companies Bill, 2013

CS DHANAPAL 02 September 2013 at 12:42

ORIGIN OF COMPANIES ACT IN INDIA The earliest piece of legislation in India relating to companies was the Act of 1857. The next came companies Act ,1866. After this the companies Act 1882 was enacte

Refresher on Companies Bill 2013

CS DHANAPAL 31 August 2013 at 13:46

This year Independence Day celebrations began in advance! With the approval of Companies Bill by Rajya Sabha (the Upper house of Parliament), Corporate India has found its true independence. Indian Corporate Sector which was reeling under the age ol

Provisions of the Companies Bill 2013 and the law making powers of the Parliament of India

Rajkumar Adukia 29 August 2013 at 11:50

OVERVIEW OF COMPANIES BILL, 2013 THE COMPANIES BILL, 2013 The review and redrafting of the Companies Act, 1956 was taken up by the Ministry of Corporate Affairs on the basis of a detailed consultative process. The Companies Bill, 2013 was passed