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FAQs: Demat of Shares of Private Limited Company

  CS Divesh Goyal    22 November 2023 at 09:59

SHORT SUMMARYThe author will cover "FAQ's Mandatory Demat of Securities of Private Limited Companies" in this column. Some of these questions were..



RBI's Latest Move: Guidelines for Unsecured Loans by Banks and NBFCs

  Affluence Advisory    22 November 2023 at 09:05

In October 2023, the Reserve Bank of India's Monetary Policy Committee decided to maintain the status quo as far as policy rates were concerned. However, the Governor came down hard on the unbridled growth in the unsecured loans portfolio of banks. These loans have grown significantly faster than the overall credit growth in the banking system.



RBI's Crackdown on Digital Lending: Action taken on this company

  CA Aman Rajput    18 November 2023 at 07:40

Let's discuss about Action against Bajaj Finance Ltd. under Section 45L(1)(b) of the Reserve Bank of India Act, 1934



Case Study: Insider trading by promoter group

  FCS Deepak Pratap Singh    17 November 2023 at 15:02

M/s AAA Limited is a public listed company. The company is undergoing into a high growth phase and its shares are highly traded in the recognized stock exchanges. You are the Company Secretary of M/s AAA Limited.



SEBI Enhances Investor Protection and Education Fund Regulations for Greater Transparency

  Affluence Advisory    16 November 2023 at 14:35

The Securities and Exchange Board of India (SEBI) has continued its commitment to safeguarding investors and enhancing the transparency and efficiency of financial markets with its latest amendment to the Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009.



Health insurance claims not contestable after 8 years of premium payment

  FCS Deepak Pratap Singh    16 November 2023 at 09:13

Health insurers will not be allowed to contest claims once the premium has been paid for a continuous period of eight years, regulator IRDAI said in a fresh set of guidelines.



New LLP Rules to Increase Transparency of Beneficial Ownership

  CA Aman Rajput    11 November 2023 at 08:52

The Ministry of Corporate Affairs (MCA) has notified the LLP (Significant Beneficial Owners) Rules, 2023, which require all limited liability partnerships (LLPs) to identify and disclose their significant beneficial owners (SBOs).



Registration of Credit Information Companies (CIC)

  Affluence Advisory    10 November 2023 at 15:29

Credit Information Company (“CIC”) or Credit Bureau is an RBI-licensed and authorized organization.



One Director, One DIN: Legal Framework and Implications on Multiplicity of DIN

  Affluence Advisory    09 November 2023 at 08:56

A Director Identification Number (DIN) is a unique 8-digit alphanumeric number issued by the Ministry of Corporate Affairs (MCA) in India to individuals who wish to become directors of companies. It is a mandatory requirement for anyone who wants to hold the position of director in an Indian company. 



What are the benefits of maintaining Books of Accounts?

  Ishita Ramanipro badge    08 November 2023 at 15:11

This article will examine the importance of books of accounts and all of the benefits they provide to companies of all kinds.




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