Corporate Law Articles

Understanding IND AS 1: Presentation of Financial Statements

Posted by CA Sanat Pyne 06 April 2023 5994 Views

The Indian Accounting Standards (IND AS) were introduced in India in 2015, to bring greater transparency and consistency to financial reporting. One of the key standards is IND AS 1 - Presentation of Financial Statements.

FAQs on IND AS 1

Posted by CA Sanat Pyne 05 April 2023 1667 Views

IND AS 1 is the Indian Accounting Standard that sets out the rules for the presentation of financial statements.

Functions of a Wholly Owned Subsidiary Company

Posted by Ishita Ramani 05 April 2023 2201 Views

A wholly owned subsidiary is a company with 100% of its shares owned by another corporation, which is the parent company. A parent company can acquire a wholly owned subsidiary or create one through a split-off.

Company Law for Independent Director

Posted by Affluence Advisory 05 April 2023 8896 Views

According to u/s 149(9) of companies act, an independent director shall not be entitled to any stock option and receive any remuneration by way of a fee provided under section 197 sub section 5, reimbursement of expenses for participation in a board and other meeting and profit related commission as may be approved by the members.

When an insurance policy starts to cover risk

Posted by FCS Deepak Pratap Singh 04 April 2023 8347 Views

As you are aware that Insurance is a contract between insured and insurance company, and it covers injuries /damages due to insured perils/risks. The time of commencement of risk cover is the utmost important in the insurance policy.

FORM DIR 8 - Intimation by Director

Posted by ACS Shahbaz Khan 01 April 2023 18467 Views

Format of FORM DIR-8 which is for Intimation by Director of disqualification or non-disqualification and also an intimation of companies in which he was a director in the last three years.

Shops and Commercial Establishment Acts for States of Karnataka and Delhi

Posted by Harsh Jain 31 March 2023 2243 Views

Compliances, Registration, Registers and Returns under Shops and Commercial Establishment Acts for State of Karnataka and Union Territory of Delhi

Partnership firms to Private Limited Company

Posted by ACS Shahbaz Khan 30 March 2023 2513 Views

Partnership firms are a popular form of business in India, especially among small and medium-sized enterprises. However, as the business grows, partners may feel the need to convert the partnership firm into a private limited company.

EPFO Board Meeting: Key decisions on higher pension, interest rates and more

Posted by Rashmi 28 March 2023 19925 Views

The board of the Employees’ Provident Fund Organisation (EPFO) is holding a two-day meeting 27th and 28thmarch 2023 to discuss a range of issues that woul