Corporate Law Articles
All about rights, duties and liabilities of a Director
All about rights, duties and liabilities of a Director INTRODUCTION: Prosecution of Mr. Keshub Mahindra, for the Bhpoal gas tragedy which resulted in loss of several lives, sent shock waves in the Corporate world. Mr. Kesub Mahindra was non Executi
A practical insight to XBRL Efiling
A practical insight to XBRL Efiling Introduction to XBRL XBRL (Extensible Business Reporting Language) is another advanced reporting language of the XML family. XBRL ensures that the figures reported to government authorities and other organisati
MCA's initiative to speed up winding up
The Faster way to Corporate Death MCA initiates Measures to Speed-up Winding Up Team Vinod Kothari & Company vinodkothari@vinodkothari.com/ nidhiladha@vinodkothari.com Question 1: How long does it take to form a company? In older days, near
Insider Trading - An Overview (Part I)
Meaning of "Insider" An insider is understood as a person having control over the management of affairs of the corporation and who has deep insight into the affairs
Limited Liability Partnership
Before I get into the intricacies of LLP, let me give u a briefing of the context that led to the evolution of LLP
Write up on Company Law Settlement Scheme, 2011
S.DHANAPAL & ASSOCIATES Practising Company Secretaries Chennai WRITE UP ON COMPANY LAW SETTLEMENT SCHEME, 2011 AND FAST TRACK EXIT MODE FOR DEFUNCT COMPANIES
Filing of Balance Sheet in XBRL Format and practical aspects
FILING IN XBRL FORMAT AND ITS PRACTICAL ASPECTS As such, following class of companies are required to file their Balance Sheet and Profit and Loss Account in XBRL Format:-
Company Law Settlement Scheme 2011: First Comes First!!
Ministry of Corporate Affairs vide its latest General Circular No.59/2011 has introduced a Company Law Settlement Scheme 2011 ( hereinafter referred as CLSS 2011) to regularize the belated filings of the documents with the Ministry of Corporate Affa
How Many House Properties an NRI Can Own or Hold in India?
Foreign Exchange Management Act,1999 under section 6(3)(i)grants permission to RBI to prohibit,restrict or regulate acquisition or transfer of immovable property in India, by a person resident outside India. RBI pursuant to powers conferred under se
SARFAESI Act'2002: Boon For Banks Curse for Borrower
THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSESTS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 SARFAESI Act, as the name of the act suggests, deals with 3 matters: Securitisation [Sec 2 (1) (z)] Reconstruction of Financial Asset [Sec
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