Corporate Law Articles

Loan To Director - Simplified

Posted by CA Gaurav Mittal 06 June 2014 29398 Views

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

Posted by CA Chirag 06 June 2014 19236 Views

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.

Posted by CS M.Kurtrala Nathan 05 June 2014 8862 Views

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

Posted by CA Umesh Sharma 03 June 2014 11332 Views

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

Useful Interpretations about Companies Act, 2013- Part-1

Posted by Ankur Garg 03 June 2014 74799 Views

Dear Professional Colleagues, During the process of decoding new provisions and stipulations of Companies Act, 2013, I have observed below mentioned interpretations about few important topics which affect our day to day corporate working. This write

Acceptance of Deposits - Simplified (With Help of Examples)

Posted by CA Gaurav Mittal 02 June 2014 88558 Views

ACCEPTANCE OF DEPOSITSection 73 to 76 Simplified The companies Act 2013 by way of Section 73 to 76 has bought many changes in respect of Acceptance of deposits by company and the changes are applicable are on Private Limited Companies also. To unders

Power of company to Purchase its own securities (Buy-Back)

Posted by CS M.Kurtrala Nathan 02 June 2014 6376 Views

Section 68 of the companies act 2013 and Companies (Share capital and Debentures) Rules,2014 deals with the power of company to purchase its own securities.Sources of Buy Back:A company may purchase its own shares or other specified securities out

List of Resolutions to be filed with ROC in form MGT.14

Posted by Ankur Garg 31 May 2014 465357 Views

Dear Professional Colleagues, An attempt has been made from my side, through this brief write up, to list out the resolutions and Agreements which are required to be reported to ROC through filing of form-MGT.14 as desired by Section-117 of the Compa

Loan given by Holding Co. to Subsidiary Co. does not always attract Sec.185

Posted by CA Nitesh Kumar More 31 May 2014 17991 Views

There is a general conception that if subsidiary co do not utilize loan given by its holding co for its principal business, provisions of sec 185 is attracted each & every time. In other words, if loan given or guarantee given or security provide

Procedure for appointment of Additional Director in CA 2013

Posted by Ankur Garg 29 May 2014 367336 Views

Dear All, As we are aware that Companies Act, 2013 is already in force from April 01, 2014, and every professional is trying his/her best to unlock and decode the provisions of Companies Act, 2013. In this regard an attempt has been made from my side