CS S. Dhanapal

All about Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018

Corporate Law - In order to protect the sanctity of the CIRP, the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 lays down a strict procedure if an applicant wants to withdraw a case after its admission under IBC 2016. Henceforth, such withdrawal would be permissible only with the approval of the Committee of Creditors with 90 percent of the...

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Condonation of Delay Scheme, 2018- An opportunity to defaulting companies to rectify default

Corporate Law - On 29.12.2017, vide General Circular No. 16/2017, a Condonation of Delay Scheme, 2018 (CODS-2018/Scheme) has been introduced by MCA with a view to giving an opportunity to the defaulting companies to rectify the default and complete all their pending annual filings with the MCA....

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Insolvency Professional Agency- All you want to know

Corporate Law - Insolvency Professional Agency means any person registered with the Board under section 201 of the Code as an Insolvency Professional Agency....

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An insight on notified provisions of IBC, 2016

Corporate Law - Article gives An insight on notified provisions of Insolvency and Bankruptcy Code 2016- A CODE THAT PROMISES VIVID FUTURE TO DEBT RECOVERY ...

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Role of Audit Committee in Related Party Transactions

Corporate Law - 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 deeply layered with many set of provisions and leaves...

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Recent Posts in "CS S. Dhanapal"

All about Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018

In order to protect the sanctity of the CIRP, the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 lays down a strict procedure if an applicant wants to withdraw a case after its admission under IBC 2016. Henceforth, such withdrawal would be permissible only with the approval of the Committee of Creditors with 90 percent of the...

Read More
Posted Under: Company Law |

Condonation of Delay Scheme, 2018- An opportunity to defaulting companies to rectify default

On 29.12.2017, vide General Circular No. 16/2017, a Condonation of Delay Scheme, 2018 (CODS-2018/Scheme) has been introduced by MCA with a view to giving an opportunity to the defaulting companies to rectify the default and complete all their pending annual filings with the MCA....

Read More
Posted Under: Company Law |

Insolvency Professional Agency- All you want to know

Insolvency Professional Agency means any person registered with the Board under section 201 of the Code as an Insolvency Professional Agency....

Read More
Posted Under: Company Law |

An insight on notified provisions of IBC, 2016

Article gives An insight on notified provisions of Insolvency and Bankruptcy Code 2016- A CODE THAT PROMISES VIVID FUTURE TO DEBT RECOVERY ...

Read More
Posted Under: Company Law |

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 deeply layered with many set of provisions and leaves...

Read More
Posted Under: Company Law |

Reporting of Fraud by Auditors under Companies Act 2013

Under Section 143 of the Companies Act 2013, every auditor of a company shall have a right of access at all times to the books of account and vouchers of the company, whether kept at the registered office of the company or at any other place and shall be entitled to require from the officers of the company such information and explanation...

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Posted Under: Company Law |

Secretarial Standard on General Meetings – SS2

CS S. Dhanapal Section 118 of the Companies Act, 2013 which contains provisions relating to minutes of Board, General and other meetings and resolutions passed by postal ballot, contains in sub-section 10 that ‘Every company shall observe secretarial standards with respect to general and Board meetings specified by the Institute of ...

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Posted Under: Company Law |

Disclosures required on Company Website & Events Triggering Newspaper Publication

One of the most outstanding features of the current regulatory era is the dedicated thrust and reliance on disclosure norms. Companies Act, 2013 an ambitious Act which has overhauled almost all the provisions dealing with the management and administration of Companies is extremely focused on disclosure requirements and places more depende...

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Posted Under: Company Law |

Exemptions and Relaxations to Nidhi Companies From Few Provisions of CA, 2013

CS S. Dhanapal Exemptions and Relaxations to Nidhi Companies From Few Provisions of Companies Act, 2013 (To Be Notified In Official Gazette) The Companies Act, 2013 has given due recognition to Nidhi Companies by treating them as a special class of companies. An entire Chapter, namely Chapter XXVI has been devoted to Nidhi Companies and [...

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Posted Under: Company Law |

Exemptions and Relaxations to Government Companies from few provisions of CA,2013

CS S. Dhanapal Exemptions and Relaxations To Government Companies From Few Provisions of Companies Act, 2013 (To Be Notified In Official Gazette) Since the introduction of the Companies Act, 2013 in September 2013, certain class of companies like Private Companies, Government Companies etc. was feeling the pressure of the rigorous provisi...

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Posted Under: Company Law |

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