Posted Date : 16-Sep-2012 , 10:33:23 pm | Posted By Mukul Gulati

 WHAT IS A NON-PROFIT MAKING COMPANY   Any association desirous of being incorporated as a company with limited liability, without the addition of the word “Limited” or the words “Private Limited” as the case may be, shall make ...

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Category : Corporate Law | Comments : 0 | Hits : 1020

Posted Date : 05-Sep-2012 , 12:41:02 am | Posted By Mukul Gulati

Word Meaning Related to Ethics & Communication Words Meaning Remarks Verdict ---------------------Judgement, Decision Petition----------------- ---Appeal, Formal Request, Plead Deserve --------------------To Be entitled Aspiration Goal----------Objective, Target,...

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Category : Corporate Law | Comments : 0 | Hits : 425

Posted Date : 31-Aug-2012 , 03:46:45 pm | Posted By Mukul Gulati

PCC/IPCC Useful: Proxy Provisions - A Procedural Analysis Please find below a useful article covering some relevant information regarding Proxy in public and private company. Hope this article would be off some help in your professional working: PROXY Section 176 of the Companies Act...

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Category : Corporate Law | Comments : 0 | Hits : 369

Posted Date : 23-Aug-2012 , 12:50:55 pm | Posted By Mrattunjay

HRM - What is it? As the name suggests, it is the management of the human factor in an organization. They manage the most important asset of any firm, i.e. its employees. It finally boils down to people. Since these people are drawn from the same common pool, it is only team, culture and environm...

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Category : Corporate Law | Comments : 0 | Hits : 213

Posted Date : 17-Aug-2012 , 12:46:24 pm | Posted By Mukul Gulati

Tips to prepare Good Minutes   Drafting of Minutes for Board Meetings   The term ‘minutes’ though not defined in the Companies Act, 1956, is considered as a written record of proceedings of a meeting of any ...

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Category : Corporate Law | Comments : 3 | Hits : 659

Posted Date : 13-Aug-2012 , 10:19:52 am | Posted By Mukul Gulati

Procedure for registration of company 1) Obtain Director Identification Number (DIN) DIN is the identification number issued by MCA mandatory required for each of the proposed director of the company. Application in Form DIN-1 shall be made online and DIN number of the person intending to...

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Category : Corporate Law | Comments : 0 | Hits : 1046

Posted Date : 28-Jun-2012 , 05:35:47 pm | Posted By Deepak Tanwar

A company can be closed by adopting the following ways:- (A) Strike off a company under Section 560 : Section 560, of the Companies Act, 1956, deals with strike off provisions of a defunct company. Any defunct company desirous to strike off its name from the register of Registrar of compa...

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Category : Corporate Law | Comments : 1 | Hits : 387

Posted Date : 23-Jun-2012 , 01:00:07 pm | Posted By CS Shilpi Bhardwaj

    There are two types of Provident Fund 1. PPF - Public Provident Fund 2. EPF - Employee Provident Fund Here we are concerned with EPF: 1. PF is a statutory deduction. It is deducted on Basi...

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Category : Corporate Law | Comments : 0 | Hits : 859

Posted Date : 18-Jun-2012 , 11:02:12 pm | Posted By Rishabh Upadhyay

  Procedure for removal of director 1.    A (Special notice)&...

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Category : Corporate Law | Comments : 0 | Hits : 577

Posted Date : 05-Jun-2012 , 11:43:19 pm | Posted By CS Shilpi Bhardwaj

Investor Education and Protection Fund Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012   Introduction:   Vide notification no.G.S.R. 352(E) Central Government published the In...

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Category : Corporate Law | Comments : 0 | Hits : 563

Posted Date : 05-Jun-2012 , 11:41:26 pm | Posted By CS Shilpi Bhardwaj

Revised Schedule VI: An Overview REVISED SCHEDULE VI: An Introduction   As we all know that every company registered under the Act shall prepare its Balance Sheet, Statement of Profit and Loss and notes thereto in accordance with the manner prescribed in Schedule VI to the Comp...

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Category : Corporate Law | Comments : 0 | Hits : 1941

Posted Date : 22-May-2012 , 02:44:36 pm | Posted By CA Vikas Maheshwari

A bonus share is a free share of stock given to current shareholders in a company, based upon the number of shares that the shareholder already owns. While the issue of bonus shares increases the total number of shares issued and owned, it does not increase the value of the company. Although the ...

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Category : Corporate Law | Comments : 0 | Hits : 407

Posted Date : 18-Apr-2012 , 12:42:50 pm | Posted By CA Vikas Maheshwari

The government is planning to permit corporate houses to set up higher educational institutions — like multi-disciplinary universities and colleges — by floating a separate not-for-profit entity under Section 25 of the Companies Act 1956. A not-for-profit e...

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Category : Corporate Law | Comments : 0 | Hits : 2818

Posted Date : 03-Apr-2012 , 11:00:50 am | Posted By CA Akshay Joshi

  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 Foreign Excha...

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Category : Corporate Law | Comments : 0 | Hits : 376

Posted Date : 19-Mar-2012 , 03:52:30 pm | Posted By Mrattunjay

Business trips will always be part of the corporate world whether one likes it or not.  You need hotels to check in and flights to make it to your destination. In other words, at a time when the world is ridden with uncertainty it is important that job seekers try and choose those sector...

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Category : Corporate Law | Comments : 0 | Hits : 259

Posted Date : 16-Mar-2012 , 05:48:44 pm | Posted By Kshitij Nijhawan

Formation or incorporation of A Company – For the formation of a company, a company passes through the following thee stages :- 1. Promotion Stage. 2. Incorporation Stage. 3. Commencement of business stage. 1. Promotion Stage: T...

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Category : Corporate Law | Comments : 0 | Hits : 263

Posted Date : 14-Mar-2012 , 10:23:38 am | Posted By SHIKHA SONI

  Applicability of Act (Sec 1)   Every factory wherein 10 or more persons are employed with the aid of power or An establishment In which 20 or more persons are employed without the aid of power on any day during an accounting year. Establishment : Establishment inc...

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Category : Corporate Law | Comments : 0 | Hits : 396

Posted Date : 16-Feb-2012 , 10:08:01 am | Posted By Mrattunjay

Line Organization by V S Rama Rao February 15, 2012 Human Resource Management Every organization follows an organizational structure for the effective running and management of the organization.  It is the organizational structure that determines the hierarchy a...

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Category : Corporate Law | Comments : 0 | Hits : 333

Posted Date : 15-Feb-2012 , 07:30:30 am | Posted By Mrattunjay

Exemptions or  Relaxations  for  SMCs  as  defined  in  the Notification   (A)Accounting Standards not applicable to SMCs in their entirety:   AS 3 Cash Flow Statements. AS 17 Segment Reporting   (B)&n...

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Category : Corporate Law | Comments : 0 | Hits : 1135

Posted Date : 15-Feb-2012 , 07:29:44 am | Posted By Mrattunjay

(I)         Accounting Standards  applicable  to all  companies  in  their entirety  for  accounting periods  commencing on  or  after  7th December, 2006        ...

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Category : Corporate Law | Comments : 0 | Hits : 463

Posted Date : 05-Feb-2012 , 10:58:21 pm | Posted By Mrattunjay

Indian nationals who are in the process of obtaining nationality of other country or have already obtained citizenship of other country)   Indian passport holders are required to surrender their passports to the nearest Indian Embassy/Consulate immediately after acquisition of forei...

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Category : Corporate Law | Comments : 0 | Hits : 221

Posted Date : 05-Feb-2012 , 07:17:46 pm | Posted By Mrattunjay

Number1. International Lottery Sweepstakes. “You Have Won Lottery” The lottery fraud comes in several hues and shades. It would say “Your mail Id or mobile number has won British Pounds ------------” The names of well known companies are used an...

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Category : Corporate Law | Comments : 0 | Hits : 1096

Posted Date : 06-Jan-2012 , 06:35:20 pm | Posted By Anjali Arora

  SR. NO. PARTICULAR LIMITED LIABILITY PARTNERSHIP PARTNERSHIP FIRM 1. Governing Law The Limited Liability Partners...

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Category : Corporate Law | Comments : 0 | Hits : 1673

Posted Date : 08-Oct-2011 , 04:25:38 pm | Posted By Venkat

*    XBRL is the Financial and Operational business reporting offshoot of Extensible Markup Language (XML), which is a freely licensable, open technology standard (or Vocabulary) used to exchange business information electronically. XML is the universally preferr...

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Category : Corporate Law | Comments : 1 | Hits : 860

Posted Date : 24-Sep-2011 , 06:07:56 pm | Posted By CA.VIRAL JANI

  WINDING UP- PROCEDURE UNDER COMPANIES ACT, 1956 Winding up is the process by which the normal activities of the corporation or association of person is stopped and the assets and liabilities of the association is assessed and distributed among the shareholders as per the existing a...

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Category : Corporate Law | Comments : 0 | Hits : 913

Posted Date : 18-Sep-2011 , 04:52:57 am | Posted By Vikas

Do you want to start an Indian Company?  To register a company, you need to first apply for a Director Identification Number (DIN) which can be done by filing eForm for acquiring the DIN. You would then need to acquire your Digital Certificate and register the same on the portal. Therea...

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Category : Corporate Law | Comments : 0 | Hits : 540

Posted Date : 18-Sep-2011 , 03:29:58 am | Posted By Vikas

1.Hold board meeting and consider about name change and authorise the CS for filing of Form 1A and Form no. 1B 2.Intimate the SE about the proposal. 3. File form no.1A 4. On receipt of new name confirmation hold another board meeting for Affixing date, time and venue of General M...

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Category : Corporate Law | Comments : 0 | Hits : 2699

Posted Date : 18-Sep-2011 , 03:24:05 am | Posted By Vikas

As per the provisions of Section 58A of the Companies Act, 1956; a private company can accept Deposits only from its Shareholders, Directors and there Relatives. Meaning of “relative” (As per Section 6 of the Companies Act, 1956) : A person shall be deemed to be a relative o...

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Category : Corporate Law | Comments : 0 | Hits : 677

Posted Date : 16-Aug-2011 , 03:41:05 pm | Posted By CA Adarsh Agrawal

TYPES OF TAKEOVER   I. LEGAL CONTEXT From legal perspective , takeover is of three types: Friendly takeover Bail out takeover Hostile takeover Friendly or Negotiated Takeover: Friendly takeover means takeover of one company by change in its man...

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Category : Corporate Law | Comments : 0 | Hits : 494

Posted Date : 15-Aug-2011 , 07:30:59 pm | Posted By CA Adarsh Agrawal

What is Corpfiling for Listed Company & how investors can get information online now (excel based filing), SEBI/Stock exchange website     SEBI had, vide circular no SEBI/CFD/DIL/LA/4/2007/27/12 dated December 27, 2007 informed that Electronic Data Information Filing An...

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Category : Corporate Law | Comments : 0 | Hits : 488