Posted Date : 24-Jan-2017 , 09:17:41 pm | Posted By PRIYA GARG

All about One Person Company(OPC)       The concept of One Person Company [OPC] is a     new introduction in the companies act 2013 which allows  a sole person to incorporate a company on its own with concessional/relaxed requirements under the...

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Category : Corporate Law | Comments : 0 | Hits : 984

Posted Date : 23-Nov-2016 , 06:17:59 pm | Posted By Rohit Kapoor

INTRODUCTION   Section 143(12) states, “Notwithstanding anything contained in this section, if an auditor of a company, in the course of the performance of his duties as auditor, has reason to believe that an offence of fraud involving such amount or amounts as may be prescribed, is being...

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Category : Corporate Law | Comments : 0 | Hits : 1069

Posted Date : 23-Sep-2016 , 10:46:32 am | Posted By Akshay Goyal

COMPREHENSIVE UNDERSTANDING ON ISSUE OF BONUS SHARES CS Akshay Goyal Content:- Introduction Advantages Company’s view Investor’s view Checklist Procedure Stamp Duty on issue of Bonus Shares Tax treatment in the hands of the shareholders Impact of bonus issue on ...

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Category : Corporate Law | Comments : 0 | Hits : 1360

Posted Date : 02-Jul-2016 , 01:26:32 pm | Posted By Sakshi Sareen

How Nidhi Company arrange finance   For entering into the professional world every person wants to register their business just to have a legal existence. Registering your company would give a legal existence to your business or you can say a life of its own. One of the essential requirement ...

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Category : Corporate Law | Comments : 0 | Hits : 1374

Posted Date : 02-Jul-2016 , 12:31:17 am | Posted By Paras Mehra

There is no term with the name initial compliances actually; we have created the term just for you to understand this better. It is actually 1st part of the total compliances and which have to be done within 30 days of the incorporation. Some other stuff we will also mention just to be organized wit...

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Category : Corporate Law | Comments : 0 | Hits : 1322

Posted Date : 24-Apr-2016 , 10:46:25 pm | Posted By Ankur Kumar Gupta

The Indian Government is actively working to improve ease of doing business in India. Key initiative in this aspect is the Amendment to Companies Act, 2015 to make it more business or investor friendly. The Companies Amendment Bill, 2015 was passed in Lok Sabha on 17/12/2014 and it was passed in the...

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Category : Corporate Law | Comments : 0 | Hits : 887

Posted Date : 10-Dec-2015 , 02:47:56 pm | Posted By Manshi Baid

SECTION 175 OF THE COMPANIES ACT 2013 PASSING OF RESOLUTION BY CIRCULATION   In case of companies all the decisions are taken by passing a resolution which may be an ordinary resolution or a special resolution.              &nb...

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Posted Date : 08-Dec-2015 , 04:12:31 pm | Posted By Manshi Baid

SECTION 174 OF THE COMPANIES ACT 2013 - QUORUM FOR BOARD MEETING   Quorum here means the minimum number of directors to be present at the board meeting in order to hold the board meeting. The provisions related to the minimum no. of directors i.e. quorum is provided u/s 174 of the compani...

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Category : Corporate Law | Comments : 0 | Hits : 660

Posted Date : 07-Dec-2015 , 06:01:10 pm | Posted By Manshi Baid

SECTION 23 OF THE COMPANIES ACT 2013 - PUBLIC OFFER AND PRIVATE PLACEMENT The provisions related to the prospectus and issue of securities is contained in Chapter III of the Companies Act, 2013. This chapter contains two parts. Part I is in respect of Public Offer, Part-II is in respect of Pr...

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Category : Corporate Law | Comments : 0 | Hits : 1459

Posted Date : 02-Dec-2015 , 01:49:25 pm | Posted By Manshi Baid

SECTION 12 OF THE COMPANIES ACT , 2013 - REGISTERED OFFICE OF THE COMPANY   Applicability : This Section appilies to every company i.e private as well as public company. This section provides that every company should have a registered office within 15 days of its incorporation and all ...

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Category : Corporate Law | Comments : 0 | Hits : 1305

Posted Date : 25-Nov-2015 , 10:48:16 am | Posted By Dobiz

A trademark is a visual symbol which may be a word to indicate the source of the goods, a signature, name, device, label, numerals, or combination of colors used, or services, or other articles of commerce to distinguish it from other similar goods or service originating from another. The process f...

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Posted Date : 30-Oct-2015 , 02:15:22 pm | Posted By Manshi Baid

SECTION 3 OF COMPANIES ACT 2013 READ WITH THE COMPANIES (INCORPORATION) RULES , 2014   FORMATION OF COMPANY   TYPES OF COMPANIES ------- Public Company --- At least  7 persons Private Company --- At least 2 persons One Person Company – Only one person with a person as...

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Posted Date : 28-Oct-2015 , 11:29:27 am | Posted By Manshi Baid

SECTION 189 OF COMPANIES ACT 2013 READ WITH SECTION 184 , SECTION 188 OF THE COMPANIES ACT 2013 AND RULE 16 OF THE COMPANIES (MEETING OF BOARD AND ITS POWER ) RULES 2014   REGISTER OF CONTRACTS OR ARRANGEMENTS IN WHICH DIRECTORS ARE INTERESTED     APPLICABILITY : This section appli...

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Category : Corporate Law | Comments : 0 | Hits : 1245

Posted Date : 27-Aug-2015 , 11:14:27 pm | Posted By GOVIND NARAYAN SHARMA

                                  LIMITS BASED PROVISIONS WITH CONSEQUENCES ON NON-COMPLIANCE UNDER COMPANIES ACT, 2013 ...

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Posted Date : 15-Aug-2015 , 12:55:38 pm | Posted By Sayam Rastogi

                                               One Person Company One Person Company is a new type of business entity in India introduced through the Companies Act, 2013. One Pe...

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Posted Date : 04-Aug-2015 , 11:04:16 am | Posted By Prabhash Choudhary

I analyzed schedule II of Companies Act 2013 along with guidance note issued by ICAI for depreciation and in my opinion understated points are need to be considered for the purpose of calculation of depreciation for the financial year 2014-15: 1.    If useful life of an asset has b...

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Category : Corporate Law | Comments : 0 | Hits : 1279

Posted Date : 27-Jun-2015 , 11:00:44 pm | Posted By Srishti

The New Companies Act, 2013 has been enacted with Presidential assent on 29 August,2012. 282 sections out of 470 sections have been notified till date and it is expected that once the rules are in place remaining provisions shall also be enforced by the year end. The draft rules have also been place...

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Posted Date : 19-Jun-2015 , 12:13:39 pm | Posted By Soniya

XBRL is an electronic format for communication of business and financial data which is revolutionizing business reporting around the world. The standardization in-built in the XBRL documents provides significant benefits in the preparation, analysis and communication of business information. XBRL pr...

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Posted Date : 12-Jun-2015 , 02:03:43 pm | Posted By Jainam Shah

Introduction to Form: On the occasion of World Labor Day, Ministry of Corporate Affairs (MCA) introduced a major reform for entrepreneurs in India. Effective May 1st, incorporation of a new business will require only one form to be filled, against 5 earlier. This new form is known as INC-29, and i...

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Posted Date : 10-Jun-2015 , 05:35:23 pm | Posted By Manshi Baid

SECTION 188 OF COMPANIES ACT 2013 - RELATED PARTY TRANSACTIONS   The definition of Related Party is given in Clause (76) of section 2 of Companies Act 2013 . This section provides that a related party for a company are :-   A director or his relative A key managerial personnel or...

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Category : Corporate Law | Comments : 0 | Hits : 1976