Articles by Affluence Advisory

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Engagement of Limited Liability Partnerships in NBFC Activities: Current Legal Landscape in India

  Affluence Advisory    16 January 2026 at 06:54

Can LLPs operate as NBFCs in India? This article examines the regulatory mismatch between the LLP Act and RBI framework, explains why LLPs are excluded from NBFC registration, RBI’s position, and the way forward for entrepreneurs entering the financial services sector.



Section 186(11) of Companies Act, 2013

  Affluence Advisory    15 January 2026 at 07:37

MCA's Companies (Meetings of Board and its Powers) Amendment Rules, 2025 clarify Section 186(11) of the Companies Act, 2013, granting NBFCs and IFSCA finance companies exemption from Board and shareholder approvals for loans, guarantees, securities and investments made in the ordinary course of business.



ESOP vs Sweat Equity: What's Right for Your Startup

  Affluence Advisory    09 January 2026 at 09:26

ESOP vs Sweat Equity explained for startups: key differences, legal framework, tax impact, dilution effects, and when to choose ESOPs or Sweat Equity to attract, retain and reward talent effectively.



The Regulatory Reckoning: How NBFCs and Fintechs Face Intensifying Scrutiny in India's Microfinance Boom

  Affluence Advisory    05 January 2026 at 09:09

India's microfinance sector faces a regulatory turning point in 2025 as RBI tightens oversight on NBFCs and fintechs amid rising defaults, bank retreat, borrower overleveraging, and growing risks to financial inclusion.



Choosing Growth Capital: NCDS vs CCDS

  Affluence Advisory    29 December 2025 at 06:55

Understand the key differences between NCDs and CCDs, their regulatory treatment, dilution impact, and when businesses should choose each funding option.



Should Founders Be Classified as Promoters Before an IPO? A Practical Guide

  Affluence Advisory    25 December 2025 at 07:31

Understand the meaning of 'Founder' and how it differs from 'Promoter' under Companies Act and SEBI laws, including control, liabilities and IPO implications.



Whether Scrutiny Under GST In Terms Of Section 61 Of CGST Act Is Compulsory

  Affluence Advisory    22 December 2025 at 06:41

GST return scrutiny under Section 61 remains disputed. Read key High Court rulings on ASMT-10, taxpayer safeguards and direct SCN issuance.



The Multi-Lender Paradigm Decoding RBI's Co-Lending Directions, 2025 for Multi-Lender Platforms

  Affluence Advisory    20 December 2025 at 07:16

RBI Co-Lending Directions 2025 reshape India's multi-lender digital lending ecosystem, mandating real-time compliance, transparency, data integrity, and advanced platform governance.



Understanding Due Diligence: A Simple Guide to Smart Business Decisions

  Affluence Advisory    17 December 2025 at 07:09

Understand what due diligence really means, why it matters before deals, and how financial, legal, tax, and operational checks help uncover hidden risks and make smarter business decisions.



RBI's Masterstroke: How Granting SRO Status to FIDC Will Reshape NBFC Governance

  Affluence Advisory    12 December 2025 at 06:48

RBI's move to grant SRO status to the Finance Industry Development Council (FIDC) marks a major shift in NBFC regulation.




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