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Forfeiture of Shares: Guide to the Process and Implications

  Affluence Advisory    22 August 2024 at 08:28

Share forfeiture can be defined as the process of a cancelling the shares allotted to the defaulting investors by the company.



Loans and Investments by Companies: Understanding Compliance with Section 186 of the Companies Act, 2013

  Affluence Advisory    19 August 2024 at 08:43

Section 186 of the Companies Act, 2013 ("Act") deals with loan and investment restrictions imposed on companies.



Comprehensive Guide to Valuation requirement under various Forums

  Affluence Advisory    14 August 2024 at 08:38

The process of valuation typically involves obtaining information from outside sources, working with few inputs, and estimating the entity's or asset's future viability.



Compliance in the Age of Digital Transformation: Balancing Innovation with Regulation

  Affluence Advisory    13 August 2024 at 08:40

Digital transformation brings about new business models, operational processes, and different ways of interacting with customers and stakeholders. As a result, governance structures and practices must be reevaluated and updated to ensure they remain relevant and effective.



Rapid Yen Appreciation and Its Global Impact: A Shift in Japan's Monetary Policy

  Affluence Advisory    08 August 2024 at 08:38

Over the past few weeks, there have been significant changes in the value of the Japanese Yen, with several key events leading to a major shift



Taxation of Alternative Investment Funds (AIFs) - Category I and II

  Affluence Advisory    03 August 2024 at 08:48

Introduction· Alternative Investment Funds (AIFs of Funds) are an investment pooling vehicle that invests in various financial instruments. Such inves



Insolvency and Bankruptcy Code, 2016 - Boon and Curse

  Affluence Advisory    31 July 2024 at 08:40

The Insolvency and Bankruptcy Code, 2016 (IBC) is an Indian Law which creates a consolidated framework that governs insolvency and bankruptcy proceedings for corporate person, partnership firms, and individuals.



Secretarial Audit Compliance under Companies Act, 2013

  Affluence Advisory    27 July 2024 at 08:42

Secretarial Audit is a compliance audit and it is a part of total compliance management in an organization. The Secretarial Audit is an effective tool for corporate compliance management. It helps to detect non-compliance and to take corrective measures.



SEBI Releases Consultation Paper Introducing New Asset Class/Product Category

  Affluence Advisory    23 July 2024 at 08:23

Securities and Exchange Board of India ('SEBI') released a consultation paper dated: July 16, 2024 on introduction of new asset class/ product category.



RBI allows remittances for all permissible purposes to IFSCs under the LRS

  Affluence Advisory    20 July 2024 at 06:36

The Reserve Bank of India (RBI) has vide its Circular dated July 10, 2024 allowed remittances for all permissible purposes under the Liberalized Remittance Sche..