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Articles by CS DHANAPAL

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Loan to Directors and other entities under the new regime

Posted by CS DHANAPAL 28 March 2014 37117 Views

Restriction on granting of loan to its directors by a company and other entities in which directors are interested has been one of the most touching issues in the Companies Act, 2013, since 12th September 2013, when Ministry of Corporate Affairs noti



Co. Act 2013 - Impact on Listed Companies

Posted by CS DHANAPAL 21 March 2014 53536 Views

COMPANIES ACT 2013IMPACT ON LISTED COMPANIES Companies Act, 2013 in its fervor to enhance disclosures, reporting and transparency has introduced a number of new compliance norms for listed companies. The Act not only imbibes the spirit of listing agr



Sweat Equity Shares under Co. Act, 2013

Posted by CS DHANAPAL 18 March 2014 17572 Views

Sweat equity shares means such equity shares as are issued by a company to its directors or employees at a discount or for consideration, other than cash, for providing their know-how or making available rights in the nature of intellectual property



Bonus Issue under the Co. Act, 2013

Posted by CS DHANAPAL 14 March 2014 49679 Views

Companies Act, 1956, does not prescribe any specific procedure or conditions for issue of bonus shares except that Table A contains provision relating to capitalization of profits. Companies Act, 2013 has detailed the conditions under Sec.63 read wit



Private Placement under Co. Act, 2013

Posted by CS DHANAPAL 14 March 2014 43791 Views

Private placement means any offer of securities or invitation to subscribe securities to a select group of persons by a company (other than by way of public offer) through issue of a private placement offer



Roles and Responsibilities of Directors under the New Regime

Posted by CS DHANAPAL 03 February 2014 37619 Views

Who is a Director? - An appointed or elected member of the board of directors of a company. - He has the responsibility for determining and implementing the companys policy. - A company director need not i. to be a shareholder orii. an employ



Prosecution Architecture under the Co. Act, 2013

Posted by CS DHANAPAL 01 February 2014 12893 Views

FOREWORD MECHANISM FOR CRIMINAL PROCEEDINGS UNDER THE PRESENT COMPANIES ACT 1956 Generally at the time of scrutinizing the Balance Sheet and Other Financial Statements of the Company, if Registrar of Companies come across any lapses on part of the Co



Small company under Co. Act 2013

Posted by CS DHANAPAL 31 January 2014 43342 Views

The concept of Small Company has been introduced for the first time by the Companies Act, 2013. The Act identifies some companies as small companies based on their capital and turnover. Most of the exemptions provided to a small company



Board's Report - Enhanced role under Co. Act, 2013

Posted by CS DHANAPAL 31 January 2014 64933 Views

INTRODUCTION Section 134 of the Companies Act, 2013 casts a responsibility on the Board of Directors to prepare a report containing details as discussed below and this report needs to be annexed to the Financial Statements which are laid before the m



Shifting of Registered Office Outside State

Posted by CS DHANAPAL 20 December 2013 99044 Views

Out of State Shifting of the Registered Office under the Companies Act, 2013 Provisions relating to shifting of the registered office from one state to another are contained in Section 13(4) of the Companies Act, 2013 which are detailed in the rule n




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