CAclubindia Articles

Negotiation lessons from the redbus exit

Guest 19 June 2014 at 12:27

At the time of exit to the Indian arm of the Ibibo group, Redbus had an enterprise valuation of around Rs. 600 crores (USD 125 million). Do you know what was the shareholding of its two founders Phanindra Sama and Charan Padmaraju? Less than 15 perc

Drafting, negotiating the tag along rights

Guest 18 June 2014 at 12:41

There is a whole lot of commercial lingo or jargon surrounding investment documentation, and much of it finds its way into legal agreements. Terms like drag, tag, liquidation preference, ROFO / ROFR&rs

PM Narendra Modi Needs New Fiscal System to Govern

CA Anil Kumar Jain 18 June 2014 at 12:10

(Outlined System herein below is The Solution for the Economic Revival of India) A few years back, when the world was looking at us with high expectation of growth and stability, the apathetic fiscal management severely dented the Indian economic sys

Master your ability to Focus

Shivanand Pandit 18 June 2014 at 12:10

Focus is our skill to pay attention to a focal point of interest. The ability to focus is considered as one of the most important aptitudes or attributes connected to success in life. It is necessary in school, in work and in everyday tasks and erran

Appointment of KMP under Companies Act,2013

CS M.Kurtrala Nathan 18 June 2014 at 12:10

Applicability: Every listed company and every other public company having paid up share capital of Rs.10 Crores or more shall have the following whole-time Key Managerial Personnel (KMP), (i) Managing Director (MD) or Chief Executive Office

Disallowance of input tax credit on the ground that seller is bogus or cancelled dealer- Part II

Amit Bajaj 18 June 2014 at 12:09

Another situation which in many of the cases under the Punjab VAT, which dealers are facing is the disallowance of input tax credit on the ground that the registration of seller of the goods has been cancelled or normally it is stated in the assessme

Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014

CS M.Kurtrala Nathan 17 June 2014 at 12:49

Rule 1- Short title and Commencement: These rules may be called the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. They shall come into

Postal Ballot under Companies Act,2013

CS M.Kurtrala Nathan 17 June 2014 at 12:48

Section 110 of the Companies Act,2013 and Rule 22 of the Companies (Management and Administration ) Rules,2014 deals with Postal Ballot. Postal Ballot Business: A company shall transact the following business only by means of Postal Ballo

Service Tax and VAT Jargon on Softwares and Software Licensing Simplified!!

CA Ankit Gulgulia (Jain) 17 June 2014 at 12:48

Softwares due to its very inherent nature of intangibility & deliverability have always been a matter of grey area for tax professionals and trade. This article intends to discuss the complexities surrounding the Software Industry in regard to Se

How to Prepare for Practical Subjects - Students

CA Rajesh Pabari 17 June 2014 at 12:48

Currently, football world cup 2014 is going on so let me start my article by giving you a simple example. If a football player just watches the football matches of his past performance and performances of the best players in the world, will he be abl