Understanding Apostille and Notarization Contributed by: Jaya Lakshmi and Disha Jethwani Email id: jayalakshmi@simplybiz.in and disha@simplybiz.in Introduction: In this Era of Globalization, the need for international transactions, legal procedures, and cross-border collaborations has become more prevalent than ever. As individuals and businesses engage in activities across borders, the validation of documents becomes crucial. Two common […]
Archive for March 28th, 2024
Exploring Loans to Directors: A Concise Overview
Exploring Loans to Directors: A Concise Overview Contributed by: Prerana Jain Email id: prerana@simplybiz.in Introduction In this article, we dive into the importance of loans to directors, examining all the aspects that shape these transactions. The article speaks about how a Company can provide loan to its Directors fulfilling all the requirements of law in […]
Directors and Officers Insurance (D&O Insurance)
Directors and Officers Insurance (D&O Insurance) Contributed by: Disha Jethwani Email id: disha@simplybiz.in Introduction: Directors and Officers Insurance (D&O Insurance) helps in shielding the Directors or Key Officers from the liabilities caused in the event that they are indicted for decisions made to run the business. Through this write up, we will dissect the specific […]
Incorporation of Section 8 Companies in India
Incorporation of Section 8 Companies in India Contributed by: Swati Sharma Email id: swati@simplybiz.in Definition of Section 8 Company – Companies Act, 2013 According to the Companies Act 2013, a Section 8 company is described as a non-profit organization whose objectives are charitable in nature, such as promoting arts, commerce, science, research, education, sports, charity, […]
Societies registration in Telangana
Society Registration in Telangana Contributed by: Neha Kujur Email id: neha@simplybiz.in Introduction In the realm of community development and social welfare, the establishment of societies stands as a cornerstone for collective action, empowerment, and sustainable progress. Societies, often formed by groups of like-minded individuals with shared objectives, serve as vehicles for enacting positive change, addressing […]
Trust Registration in Telangana
Trust Registration in Telangana Contributed by: Neha Kujur Email id: Neha@simplybiz.in Introduction In India, any individual who is legally competent to enter into a contract has the authority to establish a Trust for any lawful purpose as per the Indian Trusts Act of 1882. When referring to a “lawful purpose,” it implies an objective outlined […]
Adjudicating Order for violation of Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI) under Section 118 (10) of the Companies Act, 2013 (Act)
Adjudicating Order for violation of Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI) under Section 118 (10) of the Companies Act, 2013 (Act) Every Company shall observe Secretarial Standards (SS) with respect to General Meetings (SS-2) and Board Meetings (SS-1) as specified by the ICSI Pursuant to Section 118 (10) of […]
NON-BANKING FINANCIAL COMPANIES (NBFCS)
NON-BANKING FINANCIAL COMPANIES (NBFCS) Contributed by: Meghana Email id: Meghana@simplybiz.in The Reserve Bank of India has introduced significant alterations to NBFC regulations by publishing the Scale Based Regulation (SBR) Framework to further strengthen the regulations and to ensure NBFCs are managed efficiently and protected from risks. The Reserve Bank of India (RBI) published the Master […]
Conversion of iSAFE Notes into Equity Shares: A Case Study
Conversion of iSAFE Notes into Equity Shares: A Case Study Contributed by: Neha Kujur Email id: neha@simplybiz.in Introduction iSAFE stands for India Simple Agreement for Future Equity. An iSAFE note is not a debt instrument but convertible security notes beneficial for both startups and investors. In India, iSAFE note takes a legal form of Compulsorily […]
Process to claim refunds for unpaid dividends and shares transferred to Investor Education and Protection Fund (IEPF)
Process to claim refunds for unpaid dividends and shares transferred to Investor Education and Protection Fund (IEPF) Contributed by: Venkat Sai Email id: Venkat@simplybiz.in The Investor Education and Protection Fund (IEPF) was established by the Government of India under Section 205C of the Companies Act, 1956 (erstwhile Act) to promote investor awareness about understanding financial […]
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