Promoters should have appropriate qualifications and requisite experience. If the promoter has studied at a foreign university and knowledge of law, etc., in the Indian context is not known to him, then another director should have that knowledge or experience.
Are you a business owner looking to raise capital for your company through a private placement? This article will provide you with a comprehensive guide to unde..
Section 186 of the Companies Act, 2013 ("Act") deals with loan and investment restrictions imposed on companies.
Micro, Small, and Medium Enterprises (MSMEs) are classified based on investment and turnover. This classification is crucial for determining eligibility for various government schemes and benefits.
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 / 2013
Recording and Preservation of Video recordings of Proceedings of General Meetings conducted through Audio Visual Means-their imperative need
The process of valuation typically involves obtaining information from outside sources, working with few inputs, and estimating the entity's or asset's future viability.
In a significant regulatory development, the Insolvency and Bankruptcy Board of India (IBBI) has introduced a new mandate that requires all valuation reports under the Insolvency and Bankruptcy Code (IBC), 2016, to include a unique Valuation Report Identification Number (VRIN).
Right issue is a method used by companies to raise additional capital by offering existing shareholders the opportunity to purchase new shares at a discounted price
Once a Resolution Plan is approved by the Adjudicating Authority, the same, irrespective of whether or not they participated in the CIRP, binds all creditors and any claims not forming part of the approved Resolution Plan shall stand extinguished.