Our perception of values is dramatically subjective. Few years ago, a couple of Harvard Business School professors published an article titled Creating Shared Value (CSV). It was about maximising revenues, whilst also offering benefits that add to the local community. All profits are not equal, the profits which additionally does…

Articles of Association (AOA) are regulations for internal management of the company. They are the rules or bye-laws for the conduct of Board & Shareholders meetings, issue and transfer of Shares, Powers & duties of Directors, Managing Director etc. A company may prepare its own Articles or it can simply…

Have you issued or transferred any securities post 1st July 2020 or planning to do so? The rule of payment of stamp duty on shares has now been amended by the Ministry of Revenue. The Central Government notified the Indian Stamp (Collection of Stamp Duty through Stock Exchanges, Clearing Corporations…

Over the last few years, there have been some major amendments notified by the Ministry of Corporate Affairs (MCA) in the provisions related to the private placement by which it reduces the timelines of filing of form PAS-3, utilisation of share money, no renunciation rights, etc. Here, we have highlighted…

External Commercial Borrowings are commercial loans raised by eligible resident entities from recognised non-resident entities. The RBI regulates ECB by specifying parameters, such as eligible borrowers and lenders, permitted end use, minimum average maturity period, maximum all-in-cost ceiling, etc. For details, please visit External Commercial Borrowings: Simple Guidelines well received…

The objectives of the IBC Code, is ‘reorganisation and insolvency resolution’ which implies ‘revival and not liquidation’. When a company falls into insolvency, the first step is to try and resolve and not liquidate. The Code particularly deals with ‘Corporate Insolvency’ and ‘Corporate Liquidation’, including Voluntary Liquidation. Corporate Insolvency Resolution…

Shares are considered as moveable property and are included in the definition of “Goods” as given in the Sale of Goods Act, 1930. Hence, shares are freely transferable. Though this is true for public and listed companies, transfer of shares is restricted (not prohibited) in case of private companies by…

Can a Company capitalize its debts (both current and non-current) by converting it into equity shares? There are instances when a Company, in order to meet its contractual obligation or to achieve an ideal Debt to Equity ratio, contemplates to convert its debt into equity shares. We are all aware…

Reserve Bank of India (RBI) based on reporting being submitted by Resident Individual or Indian Party in Overseas Investments, summarizes and segregate the data monthly into three divisions a) Equity b) Loan and c) Guarantee. Analysis of RBI data on destination and sectoral dispersion, reveals that Singapore, USA and UK…

How long is COVID going to stay? Is it at all going to get over? Has any pandemic lived for ever? How do you foresee the future of any business after COVID, especially with cross border perspective? Well, you have your own understanding and wisdom to guide on all this.…