Articles by Affluence Advisory

TReDS Mandate Extended: A Boost for MSMEs with a Lower Turnover Threshold

Affluence Advisory 11 February 2025 at 11:01

In a landmark decision announced on 7th November 2024, the MSMEs has issued a notification mandating specific categories of businesses to register on the Trade Receivables Discounting System (TReDS) platform.

From Parliament House to Fort

Affluence Advisory 10 February 2025 at 08:47

The Government Budget was fiscally prudent and has not deviated from fiscal consolidation and its target. This budget has been cheered by tax-paying individuals, but the markets have given it a neutral view.

Partnership Firm Registration Process Simplified

Affluence Advisory 06 February 2025 at 15:02

A partnership firm is a business structure created by two or more individuals who mutually agree to share the profits and losses of a business operated by all or any of them on behalf of the others.

FAQs on requirement of prior approval by NBFC for change in management

Affluence Advisory 06 February 2025 at 08:34

The Reserve Bank of India (RBI), in its Master Directions (Direction) for NBFCs, has outlined the requirement of obtaining prior written permission of RBI for a change in management of the NBFC which would result in a change in more than 30 percent of the directors, excluding independent directors (IDs).

Applicability of Downstream Filing in Case of Downstream Investment: Covering Caps, Routes and FAQs

Affluence Advisory 27 January 2025 at 08:48

This article delves into the nuances of downstream investments, regulatory frameworks, caps, routes, and FAQs.

Note on Offering of Co-Investment Opportunities through a Co-Investing Portfolio Managers (AIF)

Affluence Advisory 22 January 2025 at 08:46

On 9th November 2021 Securities and Exchange Board of India("SEBI") has notified amendments to Securities and Exchange Board of India (Alternative Investment Funds) Regulations 2012 ("SEBI AIF REGS") and Securities and Exchange Board of India (Portfolio Managers) Regulations 2020

Significance of Section 160 for Appointment of Director other than retiring director under Companies Act, 2013

Affluence Advisory 11 January 2025 at 08:35

The appointment of directors is a critical aspect of corporate governance, ensuring that Companies have competent leadership to guide their operations.

Market Outlook 2025 Global Trends and Predictions

Affluence Advisory 09 January 2025 at 08:42

2024 has been a year marked by uncertainties and surprises. From financial markets to geopolitical developments, and from fluctuating interest rates to persistent inflation, events that once seemed unlikely gradually turned plausible and ultimately became reality.

Guidance for Merchant Bankers on SME IPO Offer Documents by BSE

Affluence Advisory 30 December 2024 at 08:47

This guidance is in addition to drafting guidelines provided by BSE to merchant bankers by way of a separate circular.

Factors to Consider While Taking a Business Loan from Banks and NBFCs

Affluence Advisory 28 December 2024 at 08:49

Taking a business loan is a significant decision that can impact your company’s financial health and growth trajectory. Whether you are borrowing from a b