Adjudicating Order for violation of Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI) under Section 118 (10) of the Companies Act, 2013 (Act) Every Company shall observe Secretarial Standards (SS) with respect to General Meetings (SS-2) and Board Meetings (SS-1) as specified by the ICSI Pursuant to Section 118 (10) of […]
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NON-BANKING FINANCIAL COMPANIES (NBFCS)
NON-BANKING FINANCIAL COMPANIES (NBFCS) Contributed by: Meghana Email id: Meghana@simplybiz.in The Reserve Bank of India has introduced significant alterations to NBFC regulations by publishing the Scale Based Regulation (SBR) Framework to further strengthen the regulations and to ensure NBFCs are managed efficiently and protected from risks. The Reserve Bank of India (RBI) published the Master […]
Conversion of iSAFE Notes into Equity Shares: A Case Study
Conversion of iSAFE Notes into Equity Shares: A Case Study Contributed by: Neha Kujur Email id: neha@simplybiz.in Introduction iSAFE stands for India Simple Agreement for Future Equity. An iSAFE note is not a debt instrument but convertible security notes beneficial for both startups and investors. In India, iSAFE note takes a legal form of Compulsorily […]
Process to claim refunds for unpaid dividends and shares transferred to Investor Education and Protection Fund (IEPF)
Process to claim refunds for unpaid dividends and shares transferred to Investor Education and Protection Fund (IEPF) Contributed by: Venkat Sai Email id: Venkat@simplybiz.in The Investor Education and Protection Fund (IEPF) was established by the Government of India under Section 205C of the Companies Act, 1956 (erstwhile Act) to promote investor awareness about understanding financial […]
Reasons for rejection of Form FCGPR
Reasons for rejection of Form FCGPR Contributed by: Nimisha Praveen Email id: nimisha@simplybiz.in The Form FC-GPR (Foreign Currency- Gross Provisional Return) is a form used for reporting inward remittances of foreign currency (Foreign Direct Investment) through issue of capital instruments viz. Equity shares/Compulsorily Convertible Preference Shares/Compulsorily Convertible Debentures. When an entity receives such an investment, […]
Start-up Registration in Telangana
Start-up Registration in Telangana Contributed by: Kanikka P Indi Email id: cs@simplybiz.in Introduction Telangana has emerged as a hotbed for startup innovation in recent years. The State Government’s proactive initiatives and investor-friendly policies have made it an ideal destination for entrepreneurs looking to turn their innovative ideas into thriving businesses. One crucial step in this […]
Navigating Non-Convertible Debentures: Issuance and Listing
Navigating Non-Convertible Debentures: Issuance and Listing Contributed By: P.Rithika Kumari Email id: rithika@simplybiz.in Introduction In the world of corporate funding, while equity is ever present, Non-Convertible Debentures are fast becoming one of the most preferred instruments of funding. While companies enjoy lower interest rates, investors can enjoy stable returns. This article endeavors to elucidate the […]
Significance of Legal Due Diligence in M&A Transactions
Significance of Legal Due Diligence in M&A Transactions Contributed By: Sharanya Ramakrishnan Email id: Sharanya Ramakrishnan Introduction Finding a perfect antidote to uncertainty is like searching for a mirage in the desert; it will always elude you. In the fast-paced corporate environment, characterized by a high volume of transactions occurring rapidly, the level of uncertainty […]
Benefit of MSME Registration
Benefit of MSME Registration Contributed By: Swati Sharma Email id: swati@simplybiz.in The Micro, Small, and Medium Enterprises (MSME) sector has played a pivotal role in the Indian economy for the past five decades. These enterprises are classified into three categories based on their investment in plant and machinery or equipment and their annual turnover. a […]
Distribution Agreements: A Walk Through
Distribution Agreements: A Walk Through Contributed By: By: Anant Agarwal Email id: anant@simplybiz.in Introduction- Businesses often require distribution agreements when they are dealing with overseas consumers. They include a third party who is known as a distributor and sells the developer’s products to consumers. Like any other agreement, distribution agreements also talk about the rights […]