Popular Articles

All about internal financial control (IFC)

CA Sumat Singhal 26 May 2016 at 10:08

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

CS DHANAPAL 15 November 2012 at 12:38

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

Hardik 23 February 2019 at 13:58

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

Acceptance of Deposits under New Companies Act, 2013

RAJIB MOHANTY 06 January 2014 at 12:52

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

Kumar Pal Mehta 24 August 2017 at 11:07

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

Tax Residency Certificate

Deepak Agrawal 01 June 2013 at 16:30

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

G S Rao 08 October 2013 at 11:40

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

Procedures for Incorporation and Registration of Companies

Ankur Garg 24 August 2009 at 13:58

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

Qualifications and Disqualification of the Auditor

Neethi V. Kannanth 20 September 2022 at 13:58

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.

Winding up of companies

CA CMA CS Ram Pavan Kumar Melam 18 January 2011 at 11:10

MEANING OF WINDING UP Winding up or liquidation of a company represents the last stage in its life. It means a proceeding by which a company is dissolved. The assets of the company are disposed of, the debts are paid off out of the realised asse