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 […]
Corporate Laws
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 […]
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 […]
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 […]
Consequences of Appointment of Director of a Company Without Obtaining Director Identification Number (DIN)
Consequences of Appointment of Director of a Company Without Obtaining Director Identification Number (DIN) Contributed By: Kanikka P Indi Email id: kanikkapindi@simplybiz.in Reference of Section 152(3) and 161(1) of the Companies Act, 2013 (‘Act’) – Appointment of DirectorsExcept the First Directors of the Company, every director of the Company shall be appointed by the Company […]
International Contracts – A Walk Through
International Contracts – A Walk Through Contributed By: Anant Agarwal Email id: anant@simplybiz.in Introduction International contracts are legal agreements made between two or more parties located in different countries. These contracts typically involve the exchange of goods, services, or money across national borders. International contracts can cover a wide range of areas, including trade, finance, […]
Managerial Remuneration
Managerial Remuneration Contributed By: P.Rithika Kumari Email id: rithika@simplybiz.in Introduction Managerial remuneration means the remuneration which is paid by the company to its key managerial personnel’s. KMP’s include Chief executive officer or managing director or the manager, company secretary, such other officer, not more than one level below the directors who is in whole-time employment, […]
Conversion of Public Company into Private Company: A Complete Guide
Conversion of Public Company into Private Company: A Complete Guide Contributed By: Amrutha AnandaEmail ids: amrutha@simplybiz.in Introduction While Public Companies have a great advantage in terms of raising funds from the public, they often face challenges in handling their large compliance requirements. As a result, several public companies are increasingly converting their structure into private […]
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