Material Related Party Transactions: Disclosure and Legal Concerns Contributed By: Ahsan Ajani Email:ahsan@simplybiz.in INTRODUCTION Related Party Transactions is a common phenomenon among all the companies. Related party transactions are subject to higher scrutiny as they inherently involve conflict of interest. Related party transactions subject to various approvals within the company depending on the legal framework […]
Archive for August 26th, 2025
RBI Reporting Requirements and Compliances for Prepaid Payment Instruments (PPIs) in India
RBI Reporting Requirements and Compliances for Prepaid Payment Instruments (PPIs) in India Contributed By: Prerana Jain Email: Prerana@simplybiz.in Definition and Overview Prepaid Payment Instruments (PPIs) are instruments that facilitate purchase of goods and services, including financial services, remittance facilities, etc., against the value stored on such instruments. The value stored represents the amount paid by […]
Producer Company: A Modern way to operate Cooperatives as Companies
Producer Company Registration in India Contributed By: Geetanjli Aggarwal Email: geetanjali@simplybiz.in The Indian Economy holds the fifth position in the world’s top economies by the GDP in 2024. Indian economy has always been an Agrarian and it contributes roughly 14% of the country’s total GDP. Although the agriculture sector plays a crucial role in the […]
Key Highlights as MCA Migrates final Set of e-Forms from V2 to V3 Portal
Key Highlights as MCA Migrates final Set of e-Forms from V2 to V3 Portal Contributed by: Priya Singh Email id: priya@simplybiz.in The Ministry of Corporate Affairs (MCA) has successfully completed the final phase of migration of e-forms from the legacy V2 portal to the more advanced V3 portal in line with its continued efforts to […]