May 14, 2020     by Nidhi Kapoor
The mother provision for Video Conference (VC) are contained in Section 173 (2) of the Companies Act, 2013 which allows directors to participate in person or through a VC or other Audio-Visual means. The word ‘in person’ in Sec. 173 (2) should be read as ‘physically’,....
May 13, 2020     by Nidhi Kapoor
An idea doesn't become a business without effort! Budding entrepreneurs understand the effort necessary to create a business, however, they might not be familiar with the micro details of launching and running a business venture in India. You can visit our blog on Incorporating....
May 2, 2020     by Kavita Agrawal
A company when incorporated obtains the status of an artificial person. This artificial person has an identity separate from its members. In order to safeguard the interest of the members and for efficient management of the affairs of the company, the reins of the company are....
May 1, 2020     by Kavita Agrawal
Every company (except small and one-person company) is required to hold a minimum number of four meetings of its Board of Directors every year in such a manner that the maximum interval between any two consecutive meetings should not be more than 120 days. However, it may not....
April 27, 2020     by Kirti Arora and Shalini Chauhan
According to the data published by the RBI, total loans raised by the eligible borrowers through external commercial borrowings (ECB) has increased significantly over last two years. The ECB has been raised under both, automatic as well as approval route. The RBI regulates ECB....
April 18, 2020     by Pooja Dhiman
Viruses know no boundaries! The novel COVID -19 virus has hit populations across the globe and has restricted free movement of people, thereby hampering businesses and day to day functioning of companies all around the world. The Coronavirus outbreak has presented an alarming....
April 16, 2020     by Nidhi Kapoor
After you have evaluated the novel markets of a foreign country, it is time to evaluate the various business structures offered by the law of the land and then very diligently decide on the best suited structure. The structure should be based on the idea of investment, your....
April 13, 2020     by Pulkit Agarwal
For a company limited by shares, the creditors of the company rely on the capital invested by the shareholders or the net worth of the company. Whenever, a creditor gives loan to the company, he analyses the source of funds and application thereof. Any reduction of share capital....
March 13, 2020     by Kavita Agrawal
Inflow of funds from a foreign country is governed as per the provisions of FEMA. When the funds hit the bank accounts of entities in India, the clock starts ticking for reporting to be done under FEMA. But it is not always feasible to adhere to the specified timelines due to....
February 17, 2020     by Prasanna Nagure
The start-ups offer ESOPs as measure to retain talented employee as it’s a cashless perquisite. ESOPs are taxable at the time of exercise as a perquisite. When the employee has exercised the option, basically agreed to buy; the difference between the FMV (on exercise date)....


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