Corporate Law Articles
PPP Contracts: "Swiss Challenge Method" and The Indian Law
Public Private Partnership (PPP) Contract: Infrastructure development projects in the past were thought of as a way of providing infrastructure at no extra cost to the public. For this reason the projects used to be generally investigated, design
MCA Specific FAQ on XBRL
I would like to know, whether the XBRL software has to be purchased from separate vendors and then install in our computers or MCA itself will provide us with the software. Which agency should I approach to get the XBRL software? XBRL instance doc
Claims for Losses on Account of Overheads and Profit
Construction projects invariably get delayed for variety of reasons in India and also elsewhere. Under the well settled law, a contractor is entitled to compensation for the delayed completion, if the delay is caused by breaches of contract con
FAQs on Fast Track Exit Mode
What is Fast Track Exit (FTE) Mode? Ministry has issued Guidelines for "Fast Track Exit (FTE) Mode" to give opportunity to the defunct companies to get their names struck off from the register under Section 560 of the Companies Act, 19
A Compliance Note: Loan to Directors (Section 295)
Section 295 of the Companies Act deals with the pros & cons while giving loan to directors. The section states that No public Company can without the prior approval of the Central Government give any loan to or g
Conversion of Section 25 companies
Conversion of Section 25 companies Introduction: Section 25 companies are those companies which are formed not for making profit but their main intention is to promote commerce, art, science, religion, charity or any other useful object related to
Mandatory Demat : An Overview
Ministry of Corporate Affairs vide its recent circular No 17/143/2011-CL.V dated 6.6.2011 is considering to issue Companies (Dematerialization of Certificates) Rules, 2011. The key highlights of the said regulation will be... 1.
User Guide on Paying MCA21 Fees Via NEFT
Introduction: Currently MCA21 payments are allowed via Credit Card, Internet Banking & Physical Challan. The Ministry has authorized 5 banks (Indian Bank, HDFC, ICICI, PNB and SBI) for collection of MCA21 fees, which means that only the accoun
Circular Resolution Written Resolution
Passing of a Board Resolution by Circulation under Companies Act, 1956 of India Provisions Applicable Section 289 read with Regulation 81 of Table A of Schedule I. Provisions in Brief Whatever act is required to be done by the Boar
Fast Track Exit Mode for Defunct Companies
Initially Ministry had issued Easy Exit Schemes to give an opportunity to the defunct Companies to get their name strike off from the records of ROC.
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