CAclubindia Articles

New Proposed Provisions on Related Party Transactions

Posted by Arpit Shah 17 January 2013 17873 Views

1. Definition of Related Party in the Companies Bill 2012: related party, with reference to a company, means (i) a director or his relative (ii) a key managerial personnel or his relative (iii) a firm, in which a

FRRBs observation on Non-Compliance in relation to AS-18

Posted by Rajavardhan.A 09 May 2021 9522 Views

The non-compliance's found by Financial Reporting Review Board (FRRB) on review ofgeneral-purpose financial statements of certain enterprises is regularly published in the ICAI Journal. January 2013 edition of the journal has the compilation o

Societies Registration Act, 1960- A Glimpse

Posted by CS SIDDHARTHA BANIK 17 January 2013 148276 Views

INTRODUCTION This article contains brief description of formation of a Society in India under the Societies Registration Act, 1960. In this article, I have tried to highlight the procedural formalities, important provisions of th

Shadow Directors - Myth or Reality

Posted by AMITAVA BANERJEE 17 January 2013 29740 Views

CS Amitava Banerjee It is generally presumed that the business of corporate entities is controlled and transacted by their Board of directors, which occupies a fidu

Note on Conversion of Partnership Firm into a Limited Company

Posted by Ajay Mishra 17 January 2013 88224 Views

NOTE ON CONVERSION OF PARTNERSHIP FIRM INTO A LIMITED COMPANYINTRODUCTIONPartnership is a kind of organization, in which, few like-minded persons pool up their resources to form a partnership firm. Section 4 of the Partnership Act, 1932, defines part

Revised Schedule VI of Companies Act, 1956

Posted by PRATEEK LOONKAR 17 January 2013 120616 Views

GET-SET-GO with International Practices 1.Overview The Ministry of Corporate Affairs vide its notification no. S.O. 447E dated 28-2-2011 (as clarified by notification no. F.No. 2/6/2008-CL-V, dated 30-3-2011) has issued Revised Schedule VI which

An outsider's perspective to ICAI Elections 2012

Posted by Ashish Kedia 17 January 2013 5769 Views

With the Code of Conduct on Elections now having been lifted by the ICAI, I thought this article is in place Dear Mr. / Ms. Candidate, It all started about 2-3 months ago, when I suddenly starting receiving e-mails in my inbox from unknown

Our Role is circumscribed: Salute NFRA!

Posted by Vijay Kalia 17 January 2013 8147 Views

I had the occasion to write sometimes back on this website in my articles Repot on Satyam Fiasco about the fact that we lost an opportunity in Satyam Computers fraud case as our re

One year of being a CA

Posted by Sreejith Lal 17 January 2013 37642 Views

Signing everywhere, signing in whatever piece of paper one could catch hold of. That is a common habit among the CA aspirants. Being once a CA student, I used to do that a lot. Used to try out different forms of signature whenever I was vouch

Know your "hidden strengths" to decide your career

Posted by CA SURENDRA KUMAR RAKHECHA 15 January 2013 15619 Views

TO DECIDE A CAREER IS ONE OF THE TOUGHEST DECISION IN THE LIFE. . Students generally decide what is good at "present" and accordingly join that course. (Example : An exponential increase in number of CA students, as the mass thought CA c