India over the Moon – Joins the Elite Club Contributed By: By: S. Prabhakar Email id: sprabhakar@simplybiz.in On 23rd August 2023 at 6:04 pm IST, India spacecraft Chandrayaan-3 had soft and safe landing on the moon. The key points of this achievement are: . India becomes the only fourth nation to accomplish this feat after […]
Archive for August 25th, 2023
Can a Section 8 Company Invest in Profit-making Company
Can a Section 8 Company Invest in Profit-making Company Contributed By: Geetanjli Aggarwal Email id: Geetanjli@simplybiz.in We all know that Section 8 Companies are the Non-Profit Companies whose objective is to promote fields of arts, commerce, science, research, education, sports, charity, social welfare, religion, environment protection, or other similar objectives. Such Companies spend their profits on furtherance of these above-mentioned charitable objectives and do […]
FC-GPR filing with RBI for FDI
FC-GPR filing with RBI for FDI Contributed By: Pooja Jain Email id: Pooja@simplybiz.in What is FC-GPR FC-GPR, which stands for Foreign Currency Gross Provisional Return. This filing requirement comes into play when a business entity secures Foreign Direct Investment (FDI) and subsequently allocates shares to a foreign investor. The purpose of the FC-GPR form is […]
Understanding Compulsorily Convertible Debentures for Start-Up
Understanding Compulsorily Convertible Debentures for Start-Up Contributed By: Shilpa Agarwal Email id: shilpa@simplybiz.in When a Start-up proposes to raise money, the biggest confusion that they have is whether to raise it in the form of equity or debt. Raising in the form of equity dilutes their stake in the company whereas debt comes with its […]
Can an Executive Director also provide Consultancy/Professional Services to the Company?
Can an Executive Director also provide Consultancy/Professional Services to the Company? Contributed By: Geetanjli Aggarwal Email id: geetanjali@simplybiz.in If we try highlighting a significant trend that has emerged in corporate governance, it is the composition of the Board which shows the shift from family-oriented boards to more professional and diverse boards. The composition of corporate […]
Conversion of Loan into Equity under the Companies Act, 2013
Conversion of Loan into Equity under the Companies Act, 2013 Contributed By: Sai Sunanda Email id: sunanda.v@simplybiz.in Introduction A company may accept loans from its director, or their relatives, or from other companies for various reasons such as to meet its working capital needs or grow its existing facilities etc., Further, the Company is obligated […]
Annual Secretarial Compliance Report
Annual Secretarial Compliance Report Contributed By: Amrutha Ananda Email id: amrutha@simplybiz.in Introduction On the recommendations made by the Uday Kotak Committee of Corporate governance in its report dated October 05, 2017, SEBI inserted a new regulation i.e. Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) and made effective from the financial year ended March […]
Modes of Overseas Investment in an Indian Entity Engaged in Real Estate & Entertainment Sector
Modes of Overseas Investment in an Indian Entity Engaged in Real Estate & Entertainment Sector Contributed By: Vanaja Kaleru Email id: vanaja@simplybiz.in Introduction Context: A US citizen owns two businesses in India – one in real estate and the other in entertainment (as a movie producer). He would like to bring in investment in the […]
SimplyBiz and TAT Capital Forge Strategic Partnership to Propel Global Business Expansion
SimplyBiz and TAT Capital Forge Strategic Partnership to Propel Global Business Expansion Home – Resources – News & Events SimplyBiz and TAT Capital Forge Strategic Partnership to Propel Global Business Expansion In a virtual signing event, SimplyBiz, a leading professional services firm headquartered in Hyderabad, India, and TAT Capital, a distinguished Australia-based corporate advisory and […]
Corporate Compliance As A Service (CAAS)
Corporate Compliance As A Service (CAAS) SimplyBiz is a new generation multi-disciplinary professional services firm that harnesses the power of technology to deliver a wide range of professional services. Our service offerings cover Indian Entry Advisory and Business Set up, Corporate Secretarial and Corporate Governance, Transaction Advisory, and Managed Services. We believe in doing things […]