Corporate Law Articles
New Insertions in Companies Bill 2012
1. 3 One Person Company 2. 5 Articles may contain Provisions of entrenchment in the articles of association 3. 37 A suit may be filed or an action may be taken in case of misleading statement or the inclusion or omission of any mat
New Companies Bill, 2012 and Provisions relating to Corporate Social Responsibility
Introduction: The much awaited Companies bill has been passed by both the houses of parliament. Now it requires the assent of President to become an Act and to
Appointment of Auditor under new Companies Bill, 2013 (Companies Act)
The appointment of auditor under new Companies Bill, 2013 has made major changes in appointment procedure and tenure of appointment in comparison to the Companies Act, 1956.
Integrated Reporting
Corporate Reporting: The Future of the IR landscape, by Sue Almond, Technical Director at ACCA A new phrase in our vocabulary. The phrase Integrated Reporting or
Highlights of the New Companies Bill
The upper house of the Parliament passed the Companies Bill on August 8, 2013 after much delay. The bill replaces Companies Act, 1956, and had been passed by the Lok Sabha in December last year. Key highlights of the new Companies Bill are as unde
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
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
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
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