Corporate Law Articles

Calculation of Depreciation as per Companies Act, 2013

Gurleen Kaur 04 August 2022 at 10:59

The Depreciation Formula and the useful life is being provided in Schedule II of Companies Act, 2013 to calculate the rate of depreciation as per Companies act...

All about MSME Loan

Neethi V. Kannanth 28 July 2022 at 10:04

The eligibility criteria for availing the loan is set by the lender and therefore, varies from bank to bank. Not just that, there are different eligibility criteria for the different schemes.

Important Features of SPICe+ for Greater Business Ease

CS CHARU VINAYAK 27 July 2022 at 08:46

A new Web Form called "SPICe+" (pronounced "SPICe Plus") has been implemented by the Ministry of Corporate Affairs to replace the previous SPICe form as part of the Government of India's Ease of Doing Business (EODB) programmes.

Ratification in context of Companies Act, 2013

Affluence Advisory 26 July 2022 at 16:35

The expression "ratification" was precisely defined by the English Court in one old case, Hartman v. Hornsby as under "Ratification" is the approval by act, word, or conduct, of that which was attempted (of accomplishment), but which was improperly or without proper authority performed in the first instance."

Emerging Of Real Estate Sector with the Introduction of RERA, 2016

Taxblock 25 July 2022 at 14:18

Before introducing the Real Estate (Regulation and Development) Act (RERA), the real estate sector faced several challenges, such as lack of transparency, financial discipline, skewed transactions favouring the developers, and limited grievance redressal forums for consumers.

MSME cash flow challenges and how to tackle them

Suhasini 25 July 2022 at 09:28

The MSMEs have gradually stolen the limelight and ensured an equitable distribution of national wealth. MSME growth and promotion have also been a priority for the Government, which recognises its importance.

Non Compliance in the use of KMP designation by private companies

Affluence Advisory 22 July 2022 at 12:53

The executive management of a company is responsible for the day-to-day functioning of the company. The Companies Act, 2013 has used the term key managerial personnel to define executive management. The key managerial personnel are the point of first contact between the company and its stakeholders.

Provident Fund: A welfare scheme for Employees

Taxblock 22 July 2022 at 08:54

Every working individual knows about the CTC (cost to the company) as salary, and some people don't worry about various deductions after seeing them in CTC. Still, some become skeptical after seeing that a chunk of the salary will be deducted as Provident Fund (PF) or EPF (Employees Provident Fund).

Related Party Transaction - Part 1

Affluence Advisory 21 July 2022 at 14:39

The regulators has imposed restrictions for related party transactions for empowering protection to the minority shareholders' interests through requirement of the approval of the shareholders through a resolution for all material related party transactions, wherein all the related party of the company refrain from voting.

Foreign company can set up their operations in India through Branch Office / Liaison Office / Project Office

Affluence Advisory 20 July 2022 at 12:53

A company incorporated outside India have an option to have an office in India by way of a branch office (BO), a liaison office (LO) and a project office (PO). ..