CAclubindia Articles

Share Valuation in Merger

CA Vivek Kumar Mishra 09 April 2012 at 11:39

Today merger & acquisition are very common. In Indian Company Law Merger & Acquisition are governed by section 391-394 of the Companies Act, 1956. For this Honble jurisdictional High courts permission has to be obtained for sanction o

SEBI (SAST) Regulations 2011

Shanmuga Priya 09 April 2012 at 11:39

SEBI (Substantial Acquisitions of Shares and Takeover) Regulations 2011 In the wake of India emerging as one of the fastest growing economies in the world, Mergers & Acquisitions (M&A) have become one of the most common types of res

Grab your Opportunity as it knocks

Tony John 06 April 2012 at 13:37

Knock Knock.Who is it?It is me Opportunity.What! Opportunity?But,wait a minute. No. You aren't opportunity.Yes I'm.No you aren't. Because opportunity knocks only once. But you have knocked twice.A simple story to con

Determination of Rate of Service Tax

Naveen Chand Khulve 06 April 2012 at 13:37

As rate of Service Tax has increased to 12.36% from existing rate of service tax 10.30% from 01.04.2012 so here I am sharing the point of taxation (POT) in such circumstances which must be considered by assessee while issuing invoice. Service was

Getting relief from DRT under SARFAESI Act, 2002

Durga Rao 06 April 2012 at 13:36

It would be clueless for the professionals at times in answering the queries of the borrowers facing proceedings under The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. If the

Books of Account u/s 209 of the Companies Act,1956

G S Rao 05 April 2012 at 10:50

Introduction Section 209 is one of the most important sections in the Companies Act, 1956. This section deals with the requirements of maintenance of books of accounts and penalties for non compliance. A detailed analysis of the provisions of Sect

Procedure for Appointment/Re-Appointment of Cost Auditors

Ajay Mishra 04 April 2012 at 11:18

Ministry has reviewed the existing procedure followed by the companies seeking prior approval of the Central Government for appointment of cost auditor under section 233B(2) of the Companie

Revised Schedule VI - Paradigm shift and Impact

CA S.SAIRAM 03 April 2012 at 11:04

The Revised Schedule VI which is to come with effect from 1.4.2011 is intended to mandate a presentation format which will facilitate showing what would have been accounted under the upcoming I

2(22)(e) - Income Tax Department & Assessee

CA Kishore Tallam 02 April 2012 at 11:18

2(22)(e) A Long standing Dispute between Income Tax Department and Assessee: Background of the Section: Its a regular practice between closely held group companies to transfer monies to meet their fund requirements (other than for

Procedure for Issue of FCEBs

Ajay Mishra 02 April 2012 at 11:18

PROCEDURAL REQUIREMENTS Before the issue of FCEBs to a person resident outside India, the issuing company must note the following points: 1. Whether, the issuing company is eligible to raise funds in foreign exchange in accordance with For