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Notes on company Law / Company Law notes for CS Executive

online classes for cs executive : We at Takshila Learning (www.takshilalearning.com) along with online videos provide you the best quality notes for CS Executive like Notes on company Law. Our notes are short and informative which covers almost all the topics of that particular chapter. These notes are basically based on our video tutorial and the module provided to you all by the ICSI.

The unique feature of our CS Executive notes, for example: Notes on Company Law, the things are elaborated in diagrammatically form which helps students to learn the things quickly and to retain for long time.

Notes on Company Law/ Notes for CS Executive

CS Professional Corporate Restructuring, Valuation and Insolvency

Corporate Restructuring notes : These Video Lectures for CS Professional are as per latest ICSI Syllabus and will cover Full Syllabus with use of PPTs and Live Examples. These videos are enough for complete understanding of concept and will let you to score excellent marks in your exams.

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Allotment of DIN (Director Identification Number)

Allotment of DIN (Director Identification Number) CS professional course : Section 153 of the Companies Act, 2013 read with Rule 9 of the Companies (Appointment and Qualification of Directors) Rules, 2014 Every individual intending to be appointed as a director as a director of a company shall make an application for allotment of Director Identification Number (DIN) to the Central Government in such form and manner and along with such fees as may be prescribed. Rule 9 of Companies (Appointment and Qualification of Directors) Rules, 2014 (1) Every Individual, who is to be appointed as a director of a company shall make an application electronically in Form DIR 3, to the Central Government for the allotment of a DIN along with such fees as provided in the Companies (Registration Offices and Fees) Rules, 2014. (2) The Central Government shall provide an electronic system to facilitate submission of an application for the allotment of DIN through the portal on the MCA21...

PURCHASED GOODWILL METHOD UNDER IND AS 103

The acquisition of subsidiaries results in Goodwill calculation and also records net assets of the subsidiary at fair value on the date of acquisition. Let’s get answers to all the questions related to Goodwill, valuation of NCI, and impairment relating to them. Q1 – What are the ways in which an entity can make payment for purchase consideration? ANS: – Cash – Share exchange – Deferred payment – Contingent consideration Q2 – How is deferred payment dealt, when it forms part of purchase consideration? ANS: The deferred payment is discounted to present value and included in the cost of consideration. At the end of each year, the liability is increased by unwinding the discount, until the payment is settled. For example, An amount of Rs. 108,000 was deferred to be paid after 2 years. The discount rate applicable is 8%. The net present value today of Rs. 108,000 is equal to (108,000 * 1) / (1.08) ^2)= Rs. 92,593 included in purchase consideration. A liability of Rs. 92,59...

Contract of Guarantee important topic for CS Professionals

Contract of Guarantee important topic for CS Professionals For CS Course , Takshila Learning is offering CS Professional online classes for students in an easy, convenient, and simple way through our portal www.takshilalearning.com . It helps students to grab the conceptual knowledge in a different but simple way. CS online classes for CS preparation are a collection of HD-quality recorded lectures with the detailed explanation of the content by experienced and well-known faculties. An interesting topic from Drafting – ‘ Guarantees ’ is discussed below: Guarantees Contract of Guarantee A “ contract of Guarantee ” is a contract to perform the promise, or discharge the liability, of a third person in case of his default. A Guarantee may be either oral or written. Parties involved in the Contract Surety: The person who gives the guarantee is called the “surety”. Principal debtor: The person in respect of whose default the gua...

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