Articles by CS Divesh Goyal

Director report under Companies Act, 2013

CS Divesh Goyal 20 April 2015 at 10:29

Report of Board of Directors should be ATTACHED to the Balance Sheet laid before the AGM. A directors report is intended to explain to shareholders, the companys affairs, including its subsidiaries and the nature and scope

CSR- Companies Act, 2013

CS Divesh Goyal 16 April 2015 at 11:01

Presently Corporate Social Responsibility (CSR) expenditure is at the discretion of the corporate however after enactment of Section 135 of Companies Act 2013 such expenditure is made mandatory for certain corporate. Corporate Social Responsibility (

FAQs on Related Party Transactions under Companies Act, 2013

CS Divesh Goyal 01 April 2015 at 10:49

FAQS RELATED PARTY TRANSCTIONS:A. Whether the provisions pertaining to "related parties" are applicable based on afinancial year?Solu. NO, The provisions pertaining to related party‟ and related party transactions are appl

Deposits under companies act, 2013

CS Divesh Goyal 31 March 2015 at 11:05

Deposits are crucial Topic under Companies Act, 2013. As the month of March is on its end, most of the companies which have taken loan earlier under the companies act 1956 and have filed DPT54 in this Financial year declaring that the companies has s

Process of filling of application with company law board

CS Divesh Goyal 30 March 2015 at 10:48

PROCESS OF FILLING OF APPLICATION WITH COMPANY LAW BOARDFOR EXTENTION FOR TIME OF REPAYMENT OF DEPOSITGOYAL DIVESH & ASSOCIATES,PRACTICING COMPANY SECRETARYREPAYMENT OF DEPOSIT: As per Section 74(1) (b) Every company which have deposit as on 1st

Provision relating to auditor under new Companies Act

CS Divesh Goyal 25 March 2015 at 10:40

PROVISONS RELATING TO AUDITORPROVISIONS ON AUDITORSUNDER COMPANIES ACT, 2013 I have earlier discussed the many provisions relating to auditors in my earlier articles. Earlier published articles are as following: I. Appointment of AuditorII. Resignati

Penalty and punishment for auditors

CS Divesh Goyal 23 March 2015 at 10:38

PENALTY & PUNISHMENT ON AUDITORSUNDER COMPANIES ACT, 2013 A. Contravention of Provision of Section 139-146: (Attendance in General Meeting): If any provisions of this Section contravene then: Penalty on Company: The company shall be punishable wi

Key Managerial Personnel

CS Divesh Goyal 21 March 2015 at 12:12

KEY MANAGERIAL PERSONNELSection 203 read with rules- 8 of Companies(appointment and remuneration) Rules, 2014 Companies Act, 2013 (Act) has introduced many NEW CONCEPTS AND KEY MANAGERIAL PERSONNEL is one of them. While the Companies Act, 195

Wake up call for companies in the month of March

CS Divesh Goyal 14 March 2015 at 11:04

The Companies needs to ensure Compliance of following provisions during financial year, 2014115 under New Companies Act, 2013. The below list is not exhausted list and every Company needs to check the applicability of other provisions of the Companie

Services which can be rendered by the auditors

CS Divesh Goyal 25 February 2015 at 16:18

As per Provisions of Section- 144 of Companies Act, 2013, A Statutory Auditor of company cant provide the following below mentioned services to followings: Services which a Statutory Auditor cant provide directly or indirectly to above