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Companies Act, 2013 has been published in the official gazette for public information and will become applicable once the Ministry of Coprorate Affairs (MCA) notifies it. Accordingly, MCA has notified 98 sections of the Act on 12th September 2013 fo
One Person Company is a new concept introduced by the Companies Act 2013. As the name suggests, a one person company is formed with only one person as its member.
The new legislation is focused on transparency and disclosure and gives audit its due recognition. In the new Act, attempt has been made to cover each aspect of corporate functioning under audit by prescribing various types of audits like internal a
ORIGIN OF COMPANIES ACT IN INDIA The earliest piece of legislation in India relating to companies was the Act of 1857. The next came companies Act ,1866. After this the companies Act 1882 was enacte
This year Independence Day celebrations began in advance! With the approval of Companies Bill by Rajya Sabha (the Upper house of Parliament), Corporate India has found its true independence. Indian Corporate Sector which was reeling under the age ol
PROVISIONS RELATING TO GOVERNMENT COMPANIES UNDER THE COMPANIES BILL 2012 Companies Bill 2012 which seeks to replace the Companies Act of 19 56 has brought with it dramatic changes in almost all arenas of company administration and management. The
STRINGENT PUNISHMENT FOR FRAUD UNDER COMPANIES BILL 2012 The Objective of any Company law is to help the development of Companies on healthy lines so at to attain the ultimate ends of the social and economic policy of the Government and also to eq
Revision in format of Implementation of SA 700 (Revised) /SA 705/SA 706
Introduction:- The Honble Finance Minister P Chidambaram presented the Union Budget for the financial year 2013 2014 in the Assembly of Parliament on 28th February 2013. The main highlights of the Union Budget 2013 are presented h
Mergers and acquisitions have always been a topic of corporate interest in the modern times. The complexity of the laws governing these modes of corporate restructuring makes them even more intriguing and mystifying. Chapter V comprising of Sections
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