Articles by Sundharesan Jayamoorthi

CSR Reporting - From a line item to a paragraph

Posted by Sundharesan Jayamoorthi 09 May 2016 6644 Views

The dilemma in Corporate Social Responsibility (CSR) is not in choosing to spend or how much to spend; it is all about reporting and how much to report. The statutory auditors are faced with this dilemma while reporting on CSR for companies. The resp

To be or not to be; a dropout

Posted by Sundharesan Jayamoorthi 22 April 2016 17186 Views

Dropout seems to be the emerging thing in the field of education; no longer introducing you as a professional from IIT, IIM or for that matter a Harvard may matter. Dropout seems to be the most popular word after �Selfie�. Is dropout a ne

Comply and Explain - Are you 'tick the box' ready

Posted by Sundharesan Jayamoorthi 26 February 2016 8057 Views

�Comply or Explain� is a familiar concept in Corporate Governance. Companies Act, 2013 (�Act�) and SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (�LODR�) have prescribed strict complianc

Startup to Windup of a Startup - Artha Shastra to No Shastra

Posted by Sundharesan Jayamoorthi 18 January 2016 15651 Views

Artha Shastra is an ancient scripture that listed out the importance of compliance and governance in every business. The Government has announced that Startup will have a new policy. In the last few decades the forms of business that any Shastra or L

LODR - Comply in spirit but will it evaporate

Posted by Sundharesan Jayamoorthi 06 January 2016 4704 Views

When SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (that is referred as LODR) was introduced professionals exclaimed OMG (oh my GOD) but the speaker in a seminar referred it as OML (oh my LORD). As professionals we may ne

MGT 7 - Regulator is not clear what it wants

Posted by Sundharesan Jayamoorthi 20 October 2015 16190 Views

MGT 7 � Difficulty of Reporting Compliance in IndiaThe principle, �when the regulator is not clear what it wants, give the regulator what you want�, applies to the annual filing of 2015.MGT 7 is the Annual Return for all companies

Board Training - Nothing more to learn

Posted by Sundharesan Jayamoorthi 12 October 2015 9131 Views

Is Corporate Governance Real, a Myth or is it to be practiced in Spirit or Letter? It is very difficult to conclude; the intention to implement and practice corporate governance seems to be the SPIRIT and to toe this line the regulators bring out leg

Small Company with a Big Concept

Posted by Sundharesan Jayamoorthi 30 July 2015 14149 Views

Small company is a concept introduced in the Companies Act 2013 and the definition of Small Company is provided under section 2 (85), which reads as

Board's Performance Evaluation

Posted by Sundharesan Jayamoorthi 22 June 2015 48177 Views

Boards need to understand each other in terms of values, beliefs, and purpose. This session is "Evaluating Board Performance,� a formal evaluation of the Board and individual directors are one potentially effective way to respond to the de

No mercy killing for companies act, 2013

Posted by Sundharesan Jayamoorthi 09 June 2015 11688 Views

Is there any possibility of restoring the Companies Act, 1956? This question must be running in the minds of many entrepreneurs and professionals. There is so much of ambiguity in the framing of the draconian 2013 Act, that one feels the 2013 Act des