Corporate Law Articles

CAN A TECHNOCRAT CONTROL A COMPANY WITH LITTLE CAPITAL

CS Ramanuj Asawa 02 February 2009 at 16:08

CAN A TECHNOCRAT CONTROL A COMPANY WITH LITTLE CAPITAL In today's tech and knowledge era there is no dearth of capital, ideas and all. The real difficulty a tech guy faces is if he starts a company would he be able to control the company. Most of the

Procedure_appointment of auditors at AGM

CS Devendra 21 January 2009 at 12:51

Checklist for Appointment of Statutory Auditors’ in the New Scenario Step What to do Deadline 1. Send notice of Annual General Meeting along with Ann

COMPANY LAW FOR THE AVERAGE PERSON

CS Ramanuj Asawa 20 January 2009 at 00:45

COMPANY LAW FOR THE AVERAGE PERSON The PurposeI have been in practice of company law for almost two decades and have gathered the working and practical knowledge of the same over this period. I want to share it in a series of articles. I want to expl

LIMITED LIABILITY PARTNERHSIPS

CA Sudhir Halakhandi 05 January 2009 at 12:20

LIMITED LIABILITY PARTNERHSIP – THE NEW FORM OF ORGNISATION BY CA SUDHIR HALAKHANDI- sudhir@halakhandi.com In the traditional form of partnerships there are two major characteristics which are major hurdles for forming these type of p

What is a Hostile Takeover?

Dr. Anand Wadadekar 29 December 2008 at 11:58

Hostile TakeoverThis article has been published in ‘Sanhita’ - a corporate issues magazine - by the Pune Chapter of The Institute of Company Secretaries of India (ICSI) in July 2008 What is meant by Hostile Takeover? Hostile Takeover is a

Govt. Company Vs. Corporation

Professional Careers Academy 25 December 2008 at 12:36

Govt. Company Vs. Govt. CorporationGenerally people think there is no difference in Govt. Company and Govt. Corporation. They generally use these words interchangeably while this is not the case. As per Section 617 of the Companies Act, 1956, Govt.

DIVIDEND

SUBRAMONY V 25 December 2008 at 12:36

DIVIDEND The term “Dividend” has been inclusively defined in the Companies Act, 1956, to the effect that it includes Interim Dividend. The Act neither specifically defines the term Dividend nor makes any distinction between interim

Audit Committee

Ravikumar.G 11 October 2008 at 11:00

The provision of Sec 292A of the Companies Act, 1956 regarding the constitution and functioning of an audit committee:1. Every public co having paid up capital of not less than 5 crores of rupees shall constitute a committee of the Board known as &qu

Enjoyment and Exemptions To Private Limiteds in INDIA

CA. Dashrath Maheshwari 13 September 2008 at 18:15

Exemptions To Private Limited Companies 1) Financial assistance can be given for the purchase of or subscribing for its own shares or shares in its holding company - Sec. 77 (2). 2) Further shares can be issued without passing a special resoluti

Holding of office or place of profit

bheemashankar 02 September 2008 at 12:33

Holding of office or place of profit 1) For an ordinary director: - 314 will not apply for payment of-sitting fees,-expenses reimbursement for attending board meeting- 1%, 3% commission of profit, since they are paid in capacity of director 2) Fo