Posted On:  2 months ago


Step wise NPO Registration as Section 8 of Company

Intends to prohibit the payment of any dividend to its members, the Central Government may, by license issued in such manner as may be prescribed, and on such conditions as it deems fit, allow that person or association of persons to be registered as a limited company under this section without the addition to its name of the world “Limited”, or as the case may be, the words “Private Limited”, and thereupon the Registrar shall, on application, in the prescribed form, register such person or association of persons as a company under this section.

article author CA Chirag Chauhan

Posted On:  6 months ago


Applicability and Companies covered under CARO 2016 (Companies Auditors Report Order)

As per the companies act 2013 every report made by the auditor under Section 143 which is commencing on or after 1 April 2015 would be included under CARO 2016. It would be applicable to every company as mentioned below (except companies that are excluded) including a foreign company as defined under section 2(42) of the 2013 act.

article author CA Chirag Chauhan

Posted On:  6 months ago


Number of Directorships: A Direction in good Governance

The basic legal premise of limiting the number of companies which an individual can hold directorships is that it is essential for his efficient functioning and effectual carrying out his fiduciary duties.

article author Amitav Ganguly

Posted On:  7 months ago


Internal Financial Controls

Companies Act, 2013 has laid down significant responsibilities on Directors and C.A.'s with respect to Internal Financial Controls. The 2013 Companies Act has significantly expanded the scope of internal controls to be considered by the management of companies to cover all aspects of the operations of the company.Clause (e) of Sub-section 5 of Section 134 to the Act requires the directors’ responsibility statement to state that the directors, in the case of a listed company, had laid down

article author Ujwal Thakrar

Posted On:  8 months ago


Speedy disbursal of pending refund claims of exporters of services under rule 5 of the CENVAT Credit Rules, 2004

I am directed to refer to Board’s circular No. 187/6/2015-Service Tax dated 10th November, 2015 on the above subject and to inform that in the light of some representations received in this context from accounting bodies, industry associations and others, the following points are clarified.

article author One Roof Consultant

Posted On:  1 year ago


NGO Registration in India

Through this article everyone aware about how to registered NGO in India

article author Sukhwinder Singh

Posted On:  1 year ago


How to Start a primary School in India

An article about How to Start a Primary School in India

article author CA Kapil Goel

Posted On:  1 year ago


Reading of Auditors Report

The law has changed regarding reading of Auditors Report at the AGM. This article explains the earlier law and the new one under Companies Act 2013

article author Amitav Ganguly

Posted On:  1 year ago


Definition of Indian Tax (Direct and Indirect)

Brief description and details of Indian Taxation (Direct and Indirect)

article author Sidharth Gupta

Posted On:  2 years ago


SHOULD STATUTORY AUDITORS ATTEND AGM COMPULSORILY?

The Company jurisprudence in India enshrines statutory auditors who audit the accounts of a company as representatives of the shareholders who appoint them at every Annual General meeting {AGM} to look after the interest of the shareholders.....

article author Amitav Ganguly

Posted On:  2 years ago


Brief analysis on joint account & nominations for successions

Succession of properties on death is a common concern for many. Popular and common advice to a person is "open a joint account or hold properties jointly" to avoid...

article author Amitav Ganguly

Posted On:  2 years ago


MANAGEMENT REPRESENTATION & its IMPORTANCE FOR AUDITORS

A management representation letter is a form letter written by a company's external auditors, which is signed by senior company management.

article author Ajay Jangir

Posted On:  2 years ago


Dormant Company

Description about Dormant Company as per Company Act 2013. As the name suggest Dormant Company means a Sleeping Company or an Inactive Company, who is not in business or trade for certain period of time and it may resume later or it is formed to do business or trade later.

article author Sushil K Dubey

Posted On:  2 years ago


One Person Company

Companies Act, 2013 has opened the corporate door for the individuals who have all the entrepreneurial expertise and always wanted to have their own company...

article author CS Perila Sheth

Posted On:  2 years ago


Common Seal under Companies Act

As we all know that a Company being an artificial person does not have a physical presence, it acts through its Board of Directors for carrying out its activities and for entering into various agreements.

article author Hitesh Shah