Corporate Law Articles
Provisions for Auditor and about audit in New Companies Bill
APPOINTMENT OF AUDITOR: Every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting
Key Highlights of Chapter IX [statement of Accounts] of the New Companies Act, 2013
The Books of the Company shall be kept in the accrual basis. Financial Statement [Section 129 to 131] The financial statements shall give a true and fair view
CSR Under Companies Bill 2012
CSR Under New Company Bill 2012: The Companies Bill 2011 was introduced in the month of December, 2011 in the Parliament and referred to Parliamentary Standing Committee on Finance which submitted its report in June, 2012 based on which the Bill of
Impact of Companies Bill on a Private Limited Company
Impact of Companies Bill 2012 passed by Rajya Sabha on a Private Limited Company The maximum number of members in a private company has been increased from 50 to 200. This will definitely cheer up the corporate world as it enables the private co
Individuals allowed to invest in foreign securities
A resident individual (singly or along with another resident individual or with an 'Indian Party' as defined in FEMA Notification) satisfying the criteria as enumerated below, may make overseas direct investment in the equity shares and comp
Compounding of offences under Companies Act 1956
Section 3(38) of General Clauses Act 1897 defines offence as any act or omission made punishable by any law for the time being in force. Section 2(n) of Criminal Procedure Code 1973 (CrPC) also defines &lsq
Analysis of provisions of Companies Bill 2012
PROVISIONS RELATING TO GOVERNMENT COMPANIES UNDER THE COMPANIES BILL 2012 Companies Bill 2012 which seeks to replace the Companies Act of 19 56 has brought with it dramatic changes in almost all arenas of company administration and management. The
Fraud under provisions of Companies Bill 2012
STRINGENT PUNISHMENT FOR FRAUD UNDER COMPANIES BILL 2012 The Objective of any Company law is to help the development of Companies on healthy lines so at to attain the ultimate ends of the social and economic policy of the Government and also to eq
Power To Amalgamate - "An inherent right of the Company"
Mergers and acquisitions has become an indispensible part of the external corporate restructuring in the wake of modern economic scenario. They have been playing an important
Short Note on Joint Venture in India
The Joint Venture (JV) represents a newly created business enterprise; its participants continue to exist as separate firms. A joint venture can be organized as a partnership firm, a corporation or any othe
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