Analysis of MCA order on Applicability of Special Courts MCA has issued an order on 18.05.2016 clarifying the commencement of section 2(29), sections 435 to 438 and 440 of Companies Act, 2013. Extract of these Section is as follows:- Section 2(29) “court” means— (i) the High Court having jurisdiction in relation to the place at […]
Tag Archives: Valuation under companies act
One Person Company (OPC) BASIC CONCEPT 1. The concept of an entity called a One Person Company (OPC) has been introduced by the Companies Act, 2013. Earlier, a company involved at least 2 persons to begin with.
Analysis & Calculation of financial Ratio Analysis of financial reports requires skill of mathematics, accountancy as well as statistical tools. But there are some basic ratios which can be helpful for a layman also to analyze the Balance Sheet, Profit & Loss A/C of a company or a bank.
Cloud Computing: Meaning and characteristics A report by Gartner Inc reflected that cloud computing will constitute the bulk of IT spending by 2016. In India alone, it is predicted that the cloud market will reach over $3 billion by next year—an almost five- fold increase from 2012. Cloud Computing: Meaning and characteristics
Provisions relating to MD / WTD as per companies act, 2013 Section 152(2): Save as otherwise expressly provided in this Act, Every Director shall be appointed by the company in general meeting. Section 170(2): A return containing such particulars and documents as may be prescribed, of the directors and the key managerial personnel shall be […]