CAclubindia Articles

A re-look on the Section 93 of the Companies, Act, 2013

Shashikant Sharma 23 July 2014 at 12:45

CHANGE IN SHAREHOLDING OF PROMOTERS OF THE COMPANY:Section 93 of the Companies Act, 2013 (the Act) mandates that every listed companies shall file with the Registrar with respect to change in the number of shares held by promoters and t

Small Listed Companies : An undesirable element in Indian corporate sector

manoj sethia 23 July 2014 at 12:44

Recently small listed companies (SME listed Companies) have been loaded with heavy compliance responsibilities. These small listed companies having shareholder less than 1000 shareholders and mostly listed on regional stock exchanges, consist of comp

Recent Amendments in Listing Agreement

CS DHANAPAL 23 July 2014 at 12:44

Consequent to the enactment of Companies Act, 2013, Securities and Exchange Board of India (SEBI) has announced some amendments in the listing agreement vide its Circular Number CIR/CFD/POLICY CELL/2/2014 dated 17th April, 2014. More specifically, am

Procedure for resignation of Director under CA, 2013

Ankur Garg 23 July 2014 at 12:44

Dear All, As we are aware that Companies Act, 2013 is already in force from April 01, 2014, and every professional is trying his/her best to unlock and decode the provisions of Companies Act, 2013. In this regard an attempt has been made from my side

Non Fund Based Credit Facility by Banks

RAM KUMAR GUPTA 23 July 2014 at 12:43

IMPORTANT POINTS FOR LETTER OF CREDIT AND BANK GUARANTEEWHO IS? APPLICANT:The buyer /importer of goods: This person has to make payment of letter of credit to the issuing bank if the documents are in accordance with the terms and conditions of LC.1.

Depreciation, Companies Act 2013 & The Practical Implication

Naresh Kansala 22 July 2014 at 16:50

Depreciation, Companies Act 2013, and The Practical ImplicationAs we all know companies bill is passed by both houses of parliaments and some of is section are applicable from 1-4-2014. i.e. out of 470, 283 sections are applicabl

Is Secretarial Audit Mandatory for Financial Year 2013-14?

KASHIF ALI 22 July 2014 at 16:50

SECRETARIAL AUDIT UNDER COMPANIES ACT, 2013 WHAT IS SECRETARIAL AUDIT? Secretarial Audit has introduced by recently enacted Companies Act, 2013. It is compliance audit, by independent practicing company secretary. The purpose is to

Intimation to ROC for Auditor appointment in Form ADT.1

Ankur Garg 22 July 2014 at 16:49

Dear All, As we all are aware that there is a provision in Company Law for intimation to Registrar of Companies regarding appointment of statutory auditor in the Annual General Meeting by shareholders. This intimation is an annual intimation and it w

Be Alert! Border Check Post by Sales Tax Department of Maharashtra is here

CA Umesh Sharma 22 July 2014 at 16:49

Karniti Part 46Be Alert! Border Check Post by Sales Tax Department of Maharashtra is here Arjuna (Fictional Character): Krishna, In Maharashtra 32 New Check Post have been constructed, it means that on Maharashtra border every Inward a

Clarification - Increase in Limit - Liberalised Remittance Scheme

CS Aditya Singhania 22 July 2014 at 16:49

Clarification - Increase in the limit from USD 75,000 to USD 125,000 for resident individuals under Liberalized Remittance Scheme (LRS) {Notification No. "RBI/2014-15/132 A.P. (DIR Series) Circular No.5 dated 17th July, 2014} Before going into t