Contributed By: Priya Singh Email: priya@simplybiz.in Introduction Section 8 companies, formed under the Companies Act, 2013, are non-profit organizations with charitable objects such as education, art, science, sports, social welfare, and similar causes. However, there may come a time when the members of such a company decide to discontinue its operations. Direct strike-off of Section 8 […]
Navigating the changes in Board Report & Filings in the MCA V3 Portal
Navigating Changes in Board Report Filings under MCA V3 Contributed By: Geetanjli Aggarwal Email: geetanjali@simplybiz.in The Ministry of Corporate Affairs (MCA) launched Version 3 (V3) of its gateway for company filings on July 14, 2025. This major upgrade replaces the previous Version 2 (V2) system and modernizes how companies prepare and submit statutory documents including […]
FORM FC-TRS : A COMPREHENSIVE GUIDE TO FOREIGN SHARE TRANSFERS AND COMPLIANCE IN INDIA
FORM FC-TRS : A COMPREHENSIVE GUIDE TO FOREIGN SHARE TRANSFERS AND COMPLIANCE IN INDIA Contributed by : Pooja Jain Cross-border share transfers are a critical component of India’s foreign investment ecosystem. To ensure transparency and compliance, the Reserve Bank of India (RBI) has mandated reporting of such transactions through Form FC-TRS under the Foreign Exchange […]
Balancing Control and Exit : Legal Risk Allocation in Private Equity Deals
Balancing Control and Exit : How Legal Drafting Allocates Financial Risk in Private Equity Deals Contributed By: P.B.V.Mahesh As part of SimplyBiz’s mission to support growing businesses through seamless transactional, legal, and governance support, this article examines how control and exit rights are balanced against financial risk in PE deals, and the legal tools practitioners […]
Corporate Social Responsibility (CSR) – A Framework from the Perspective of Implementing Agencies
Corporate Social Responsibility (CSR) – A Framework from the Perspective of Implementing Agencies Contributed By: Geetanjli Aggarwal Email: geetanjali@simplybiz.in The landscape of Corporate Social Responsibility (CSR) in India transformed with Section 135 of the Companies Act, 2013, which for the first time required eligible Companies to spend on social initiatives—ushering in a new era of […]
External Commercial Borrowings (ECB): A Strategic Tool for Corporate Financing in India
External Commercial Borrowings (ECB): A Strategic Tool for Corporate Financing in India Contributed by: Poorvi Gupta poorvi@simplybiz.in As India’s growth story accelerates, businesses are looking beyond domestic markets for cheaper, faster financing. External Commercial Borrowings (ECB) have become a buzzword, allowing Indian companies to tap global funds with ease. From powering start-ups to fueling large […]
Stamp Duty on Securities A Comprehensive Guide for Companies
Stamp Duty on Securities: A Comprehensive Guide for Companies Contributed By: Karishma Mantri karishma@simplybiz.in Stamp duty is a tax on certain transactions, granting them legal recognition. Under the Companies Act, 2013 and the Indian Stamp Act, 1899, it applies to corporate actions such as the issue, transfer, or allotment of securities, and must be paid […]
Material Related Party Transactions: Disclosure and Legal Concerns
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 […]
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 […]