Articles by Sundharesan Jayamoorthi

Meeting of Independent Directors under Schedule IV of Companies Act 2013

Posted by Sundharesan Jayamoorthi 13 January 2015 79128 Views

The Companies Act 2013 (referred as the Act) has introduced a new governance initiative that the independent directors shall meet separately without the attendance of non-independent directors and members of management. A similar clause

Raju ban gaya gentleman - CSR in Education or Education in CSR

Posted by Sundharesan Jayamoorthi 08 January 2015 14120 Views

CSR is the latest buzzword that matches Corporate Governance in terms of brand recall and search in most electronic media. Off late even the print media has stopped writing much on Governance; maybe with so many scams they have lost faith in the form and

Nirbhaya for Laalla, Bholla & Saalla Companies

Posted by Sundharesan Jayamoorthi 26 December 2014 10557 Views

Dear Modiji We are Laalla, the Small & Medium Enterprises who have not borrowed any money from banks nor have we raised any money from public issue. We are those companies who have a small shed in an industrial suburb and are helping your dream &

The Slumdog Millionaire - CSR adding value to society or the NGO

Posted by Sundharesan Jayamoorthi 16 December 2014 4913 Views

Effective April 1, 2014, there is a provision in the legislation that mandates a CSR spend. This has created a sudden hype and all my friends who have small NGOs and are presently doing a good job over the last few years are in a fix. These existing

Phir bhi dil hai Hindustani - CSR is it an Entry in Accounts or into Heart

Posted by Sundharesan Jayamoorthi 09 December 2014 20243 Views

PhirbhidilhaiHindustaniCSRisitanEntryinAccountsorintoHeartsArticlebyjsundharesan,boardmentor&complianceguru1Corporate Social Responsibility (CSR) is contributing a portion of the profits of acompany for a cause, after April 1, 2014 it seem

Letter from a SME Entrepreneur on impact of MGT 14

Posted by Sundharesan Jayamoorthi 23 September 2014 5331 Views

Dear Prime Minister, This letter, which I am addressing in 2014, may be a fiction, but in 2015 it is fact. I am aware that Companies Act 2013 may not be your creation, but my end as a SME entrepreneur is most likely to happen in your regime on acc

Productise Professional Services

Posted by Sundharesan Jayamoorthi 03 September 2014 10863 Views

I had written articles in the past on professional servicestitled “Customising Professional Services”and “Should Professional Services have an MRP”.As I was exploring contemplating on the title for my next topic on profession

Compliances for annual filings 2014 - Are you CA 2013 ready?

Posted by Sundharesan Jayamoorthi 02 September 2014 22562 Views

Take care of these issues failing which you may fail on ensuring to be compliant this year for conducting the Annual General Meeting. Section 136 – Circulation of Financial statements • Financial statements, auditor’s report and ever

Corporate Governance - Best Board Practices

Posted by Sundharesan Jayamoorthi 24 December 2013 15792 Views

BOARD PROCESS The word Board Process has been mentioned in several places in the Companies Act 2013 (The Act), but it is important to identify and discuss this term in two sections, which is in section 149 that deals with