Corporate Law Articles

Highlights of the New Companies Bill

Posted by CA Simarpreet Singh Gulati 22 August 2013 59440 Views

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

Posted by CA GOURAV MURARKA 21 August 2013 21079 Views

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

Posted by Sudipto Mukherjee 19 August 2013 20816 Views

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

Posted by Vijay Kalia 16 August 2013 19713 Views

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

Posted by CA. Kunal Lakhotia 16 August 2013 31983 Views

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

Posted by CA. Anuj Gupta 16 August 2013 6655 Views

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

Posted by P C Agrawal 13 August 2013 27047 Views

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

Posted by CS DHANAPAL 13 August 2013 13690 Views

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

Posted by CS DHANAPAL 13 August 2013 13666 Views

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"

Posted by Ravi Kapoor 29 July 2013 9532 Views

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