Diligence-Ready Approach for Start-ups: Key Considerations Author: Sharanya Ramakrishnan Email id: sharanya@simplybiz.in This article is meant for start-up founders that have raised funds and are in the process of gearing up for further fund-raising to give an insight on how to adopt a diligence-ready approach. Introduction Did you ever encounter a challenge while running your […]
Corporate Secretarial Audit-It’s Significance
Corporate Secretarial Audit-It’s Significance Author: Shruti Banerjee Email id: Shrutibanerjee@simplybiz.in What is a Corporate Secretarial Audit? Corporate Secretarial Audit is a mechanism which involves investigation to check whether a Company is complying with all its regulatory obligations in terms of laws, rules and regulations applicable to it. It is a mechanism which ensures compliance with […]
Modes of Setting-up a Micro Finance Company
Modes of Setting-up a Micro Finance Company Author: Vaibhav Suryawanshi Email id: vaibhav.s@simplybiz.in Micro Finance Companies are also termed as Micro Credit Company, owing to the fact that the finance involved is lesser as compared to other sectors of the society. As the name suggest Micro finance Company are financial institutions providing loan to lower […]
FAQs on Corporate Social Responsibility- Series I
FAQs on Corporate Social Responsibility- Series I Author: Geetanjali Aggarwal Email id: geetanjali@simplybiz.in The Government provides the broad framework for Corporate Social Responsibility (CSR) through Section 135 of the Companies Act, 2013 (‘Act’), Schedule VII of the Act, Companies (CSR Policy) Rules, 2014 and amendments thereof. The Ministry of Corporate Affairs passed the Companies (Amendment) […]
Case Study on Changing the Financial Year of the Company under the Companies Act, 2013
Case Study on Changing the Financial Year of the Company under the Companies Act, 2013 Authors: Sai Sunanda and Jhansi Rani Guddeti Email id: sunanda@simplybiz.in, jhansi@simplybiz.in Introduction: As per Section 2(41) of the Companies Act, 2013 (Act), “financial year” means: the period ending on the 31st day of March every year, and where a company […]
Adjudicating Order for Violation of the Provisions of Section 12(3)(c) of the Companies Act, 2013 relating to Registered Office of the Company
Adjudicating Order for Violation of the Provisions of Section 12(3)(c) of the Companies Act, 2013 relating to Registered Office of the Company Authors: Yogesh Kukreja & Amrutha Ananda Email id: yogesh@simplybiz.in, amrutha@simplybiz.in Reference of Section of the Act Section12(3)(c) of the Companies Act, 2013 states that a Company shall, get its name, address of its […]
HAL-Asia’s Largest Helicopter Manufacture Factory A Step Towards `Atmanirbharata’ in Defence Sector
HAL-Asia’s Largest Helicopter Manufacture Factory A Step Towards `Atmanirbharata’ in Defence Sector Authors: S.Prabhakar Email id: sprabhakar@simplybiz.in On 6th February 2023 the Prime Minister of India has dedicated to the nation the greenfield new generation Hindustan Aeronautics Helicopter Factory in Tumakuru, Karnataka, India, which will enhance the capacity and ecosystem to build helicopters. This is […]
Indian Stock Exchanges moves to T+1 Settlement
Indian Stock Exchanges moves to T+1 Settlement Authors: S.Prabhakar Email id: sprabhakar@simplybiz.in With effect from 27th January 2023 NSE and BSE have moved to T+1 settlement from T+2 settlement. All large-cap and blue-chip Companies were switched to the T+1 system on January 27. To determine the settlement day, all intervening holidays including bank holidays, Stock […]
Buy-back v/s Dividend –Which one to go for?
Buyback v/s Dividend –Which one to go for?Authors: Shruti Banerjee Email id: shrutibanerjee@simplybiz.in What is Buyback? Buyback is a corporate action where a company buys back or repurchases its own shares from the shareholders A company will generally go for buyback to increase its earning per share, which will indirectly increase the value of share […]
Consequences of non-reporting or delayed Reporting under FEMA- Overseas Investments Regulations
Consequences of non-reporting or delayed Reporting under FEMA- Overseas Investments Regulations Authors: Nikita Pathak Email id: nikita@simplybiz.in Investments are one of the key elements of wealth creation in India. Due to Globalisation, Overseas Investment has shown a positive trend in the growth and expansion of Business Entities. Overseas Investment has not only handheld Companies to […]
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