Popular Articles

Companies Act - 2013: Rotation of Auditors

Posted by CA. Amit G. Chandani 05 April 2014 293596 Views

With the implementation of Companies Act, 2013 the Ministry of Corporate Affairs has notified the provisions relating to rotation of auditors/audit firm w.e.f. 01st April, 2014. Changing nearly six dec

All about internal financial control (IFC)

Posted by CA Sumat Singhal 26 May 2016 291484 Views

What is Internal Financial Control (IFC)? (Sec 134) As per Section 134 of the Companies Act 2013, the term �Internal Financial Controls� means the policies and procedures adop

All about MSME Act 2006 & Opportunities

Posted by CS DHANAPAL 15 November 2012 289832 Views

INTRODUCTION The conceptual and legal framework for small scale and ancillary industrial undertakings is derived from the Industries Development and Regulation Act, 1951. The Act provided the necessary powers to the Central Government to amend t

Ind AS 116: Brief overview on Ind AS 116 - Leases

Posted by Hardik 23 February 2019 288014 Views

Ind AS 116 sets out the principles for the recognition, measurement, presentation, and disclosure of leases.

Acceptance of Deposits under New Companies Act, 2013

Posted by RAJIB MOHANTY 06 January 2014 286766 Views

The Companies Act, 2013 (2013 Act) was assented by the President of India on 29 August 2013 and published in the Official Gazette on 30 August 2013. The New Act is expected to facilita

Minimum and Maximum Numbers of Partners in LLP vis-a-vis partnership

Posted by Kumar Pal Mehta 24 August 2017 286586 Views

This Article is about the Minimum and Maximum numbers of Partnership in Limited Liability Partnership and Partnership.

Tax Residency Certificate

Posted by Deepak Agrawal 01 June 2013 286416 Views

Significance of Tax Residency Certificate (TRC) for claiming benefit provided under DTAA: Section 90 of the Income Tax Act empowers the Central Government to enter into an agreement with the Government of any foreign country or specified territory

The Companies Act, 2013- provisions relating Appointment of Directors

Posted by G S Rao 08 October 2013 286080 Views

Introduction: In my previous article, a detailed coverage was given to provisions relating to Independent directors. It is more appropriate and useful to give coverage to the left out parts relating to appointment of Directors and significant cha

Qualifications and Disqualification of the Auditor

Posted by Neethi V. Kannanth 20 September 2022 286036 Views

There are certain criteria set for a person to be appointed as an auditor of the company. The same is discussed in this article. Read on to know more.

Procedures for Incorporation and Registration of Companies

Posted by Ankur Garg 24 August 2009 285937 Views

A company is a voluntary association of persons formed for the purpose of business activities. A company has distinct name and limited liability, it is a juristic person having a separate l