Corporate Law Articles

Major Amendment regarding Share Application Money

Posted by RG - A Helping Hand 20 December 2011 180616 Views

Dear Professionals Colleagues, It is my humble effort to update you all regarding a very important amendment in Corporate Laws through MCA Notification dated December 14, 2011. Ministry of Corporate Affairs has vide its notification dated 14.12.20

All about XBRL

Posted by CS GURVINDER SINGH 19 December 2011 22765 Views

INTRODUCTION XML stands for extensible markup language. Extensible means language that can be extended by anyone who wants to create additional ways to use it. Markup means that XMLs primary task is to give definition to text and symbols. Lan

Position of "Auditors" under "Companies Bill, 2011"

Posted by GAURAV SHRAWAGI 17 December 2011 37914 Views

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 till the conclusion of its sixth annual

Highlights of the New Company Bill tabled in Lok Sabha

Posted by CA DHIRAJ SATNALIKA 16 December 2011 46487 Views

Highlights of the New Company Bill tabled in Lok Sabha: Corporate Social Responsibility o 2% of average profit of last three years. o Only disclosure mandatory. o Mandatory CSR committee. Auditors o

Many interim applications - section 397/398 of Companies Act

Posted by Durga Rao 12 December 2011 21450 Views

It is known that proceedings under section 397/398 of the Companies Act, 1956 are always complicated. There will often be criticism that the jurisdiction of Company Law Board (CLB) under section 397/398 of the Companies Act, 1956 is being misused. A

FAQ on Peer Review Board

Posted by Niyati 18 November 2011 17931 Views

ICSI Guideline No. 1 of 2011 - Guidelines for Peer Review of Attestation Services by Practicing Company Secretaries FAQs on Peer Review 1. What is Peer Review? Ans. Peer Review is a process used for examining the work performed by ones

Qualified Institutional Placement (QIP) procedure

Posted by Victor J uruvath 03 November 2011 100732 Views

QIP means allotment of equity shares, non-convertible debt instruments and convertible securities by a listed company to Qualified Institutional Buyers (QIBs) on private plac

Interpretation of Section 274(1)(g)

Posted by CA Pabbaraju Laxmi Narasimha 28 October 2011 105233 Views

Interpretation of SEC 274(1)(g) This article explains the typical interpretation of this section in simple terms. According to Sec 274(1)(g) of the Companies Act,1956, A director of a public company is disquali

Postal Ballot procedure U/S 192A of The companies Act

Posted by Victor J uruvath 22 October 2011 77848 Views

PASSING OF RESOLUTION THROUGH POSTAL BALLOT As many of us are aware, Postal Ballot is a facility whereby the shareholders can vote through postal or electronic mode instead of voting in person at general mee