Related Party Transactions Author: Meghana V Email id: meghana@simplybiz.in A. Overview A brief definition of Related Parties, Related Party Transactions, approval requirements for entering into Related Party Transactions, and the impact on entering into Related Party Transactions as per the Companies Act, 2013 are covered in this article. B. Introduction Related Party Transactions (RPT) refer […]
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Convertible Notes
Convertible Notes Author: Pooja Jain Email id: pooja@simplybiz.in Overview Convertible Notes are one of the many instruments available for fundraising. These are instruments raised in the form of debt which is repayable at the option of the holder or can be converted into a specified number of shares of the issuing company after a pre-specified […]
The Rapid Rail Transport Services (RRTS)
The Rapid Rail Transport Services (RRTS) Author – S. Prabhakar Email id – sprabhakar@simplybiz.in The first Rapid Rail Transport Service (RRTS) in India with facilities like an aeroplane will commence its commercial operations from Sahibabad in Ghaziabad to Duhai Depot in Uttar Pradesh in March 2023. The National Capital Region Planning Board (NCRPB) as part of its […]
Diligence-Ready Approach for Start-ups: Key Considerations
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 […]