Corporate Law Articles

NBFC Registration

Neha Rajan Redekar 28 November 2023 at 13:04

In terms of Section 45-IA of the RBI Act, 1934, no NBFC can commence or carry-on business of a non-banking financial institution without a) obtaining a certificate of registration from the Bank.

ESIC is a self-financing scheme where both employers and employees contribute to the fund. The scheme is designed to provide financial protection to employees in case of sickness, maternity, disablement, or death due to employment injury.

PF Claim Status

Niyati 27 November 2023 at 17:07

Employee Provident Fund is a savings scheme where both employees and employers contribute a portion of the employee's salary to a fund. This fund is meant t

Middle-Layer NBFCs: Navigating Scale-Based Regulations

Affluence Advisory 25 November 2023 at 09:11

As per Master Direction - Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023 (hereinafter referred to as "SBR Master Direction" or "Master Direction on SBR") dated 19 October 2023

NBFC (Non-Banking Financial Company) And Its Classification

Neha Rajan Redekar 23 November 2023 at 12:38

NBFC is a company registered under the Companies Act, 1956/2013 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government

FAQs on Health Insurance Policies

FCS Deepak Pratap Singh 22 November 2023 at 14:53

Considering increasing medical and hospitalisation cost, it is essential to have an adequate health insurance plan for your and your family. If your employer has provided coverage for you and your family in this case also you should have an individual health plan.

Gravity of BRSR in Indian MSMEs

CA Rashmi Ainapur 22 November 2023 at 14:29

In this backdrop, let's try to understand the significance of BRSR in Indian MSMEs.

Types of Partnerships, Returns Applicable for Partnership Firm

Mitali 22 November 2023 at 12:08

A partnership refers to a legal and business relationship between two or more individuals who share the ownership and management of a company.

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.