CAclubindia Articles

CA's - Responsibility towards the articles

Gaurav Arya 27 June 2011 at 12:31

CA - RESPONISBILITY TOWARDS THE ARTICLES Responsibility is a very heavy word. Chartered Accountants are known as creamy layer of society. There is a big responsibility on their shoulder which is not only towards their profession but also towards

How to become good Accounts person (Part-1)

CMA Ramesh Krishnan 27 June 2011 at 12:30

How to become good Accounts person (Part-1) Introduction: After a commerce degree as a fresh graduate, we

Fast Track Exit Mode for Defunct Companies

CS Ankur Srivastava 26 June 2011 at 13:02

Initially Ministry had issued Easy Exit Schemes to give an opportunity to the defunct Companies to get their name strike off from the records of ROC.

Circular Resolution Written Resolution

Vivek Sethia 26 June 2011 at 13:02

Passing of a Board Resolution by Circulation under Companies Act, 1956 of India Provisions Applicable Section 289 read with Regulation 81 of Table A of Schedule I. Provisions in Brief Whatever act is required to be done by the Boar

Self Improvement

Vijay 26 June 2011 at 13:01

Self Improvement Article for Students Success - Do you believe that you can succeed ? When one sets out to reach his goal like cracking an examination the possible thing that he would want is to succeed. However, it is important to see how many b

Deferred Tax Liability

CS Ankur Srivastava 25 June 2011 at 20:18

Deferred Tax Liability is the difference between the provision of tax and actual tax. It is the timing difference that arises because of the tax calculated as per Companies Act and Income Tax Act. Example:- Provision for Tax in the P/L was Rs.

User Guide on Paying MCA21 Fees Via NEFT

CA KRISHNA KUMAR DARUKA 25 June 2011 at 20:17

Introduction: Currently MCA21 payments are allowed via Credit Card, Internet Banking & Physical Challan. The Ministry has authorized 5 banks (Indian Bank, HDFC, ICICI, PNB and SBI) for collection of MCA21 fees, which means that only the accoun

Is collateral security necessary for bank loans?

Guest 24 June 2011 at 12:36

The concept of Social control in the field of banking sector was introduced by the Government of India for the first time in 1967 and with that in view, the Banking Regulation Act, 1949 was amended. The steps taken by amending the B

A Brief note on MCA's Green Initiative Circulars

Pravin Gupta CS 23 June 2011 at 12:28

MCAS Green Initiative; In order to save trees and environment by cutting down the consumption of costly paper habits, the Ministry of Corporate Affairs has taken a Green Initiative in the Corporate Governance by allowing pap

Holding of Board Meetings through Electronic Mode

Vivek Sethia 22 June 2011 at 12:59

Finally, Indian Corporate regulators have recognized the mode of holding the company meetings through electronic mode. Going forward meetings held through such mode shall now be duly accepted and recognized in court of law. The Ministry of Corpor