Category Archives: Companies Affair

Company affairs policy,valuation under companies act,companies act 2013;Companies Amendment (Bill) 2017,Corporate Taxation,Laws,Acts,Circular,Notifications

Procedure for change in Registered Office of a Company under the Companies Act, 2013

Procedure for change in Registered Office of a Company under the Companies Act, 2013 Background A Company shall, on and from the fifteenth day of its incorporation and at all times thereafter, have a Registered Office capable of receiving and acknowledging all communications and notices as may be addressed to it (Section 12(1) of CA […]

Some leeway for Small Company and One Person Company

Some leeway for Small Company and One Person Company The Ministry of Corporate Affairs had, on 4th June, 2015, constituted a Companies Law Committee (CLC) to make recommendations on issues arising from the implementation of the Companies Act, 2013 (the Act). The CLC has submitted its Report to the Government on 1st February, 2016 which […]

Whether MAT applicable to share of a company in income of a joint venture business

Whether MAT applicable to share of a company in income of a joint venture business 1. Introduction We have been witnessing a new and different trend in relation to the real estate development. Earlier, a builder would go for outright purchase of a piece of land from the landlord and develop the same at his […]

Complete Analysis on Section 123 of Companies Act, 2013

Complete Analysis on Section 123 of Companies Act, 2013 As per section 2(35) of Companies Act, 2013 dividend is defined as “dividend includes and any interim dividend”. After enactment of Companies Act, 2013, the concept of payment of dividend is very liberalized. This is because when we compare the provisions of Companies Act, 1956 with […]

Role of Audit Committee in Related Party Transactions

Role of Audit Committee in Related Party Transactions Under the Companies Act, 2013, the whole concept of related party transactions has been capsulated in a single section, namely Section 188 which combines the erstwhile Sections 314 and 297 of the Companies Act, 1956 and also contains many new provisions within its scope. The section is […]