Articles by Affluence Advisory

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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.

Exemption to Private Limited Companies in Purview of Companies Act 2013

Affluence Advisory 03 November 2023 at 17:45

In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) of section 462 and in pursuance of sub-section (2) of section 462 of the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act), the Central Government, in the interest of public

Issue of securities in Dematerialized form by Private Companies and Unlisted Public Companies

Affluence Advisory 31 October 2023 at 08:59

Ministry Of Corporate Affairs vide its notification dated 27th October 2023 has inserted new Rule 9B in the Companies (Prospectus and Allotment of Securities) Rules, 2014 (hereinafter referred to as the said rules).

Exemption To Section 8 Companies In Purview Of Companies Act 2013

Affluence Advisory 27 October 2023 at 09:03

In exercise of the power conferred by clauses (a) and (b) of sub-section (l) of Section 462 and in pursuance of sub-suction (2) of said Section read with Section 8 of the Companies Act, 2013 (l8 of 2013), and in supersession of notifications issued under section 25 of the Companies Act, 1956

Repo Rates in India: Significance, Effects & Current Outlook

Affluence Advisory 19 October 2023 at 14:05

RBI employs various tools to maintain price stability and ensure the efficient functioning of the economy. Among these tools, repo rates and reverse repo rates are fundamental in nature. By adjusting these rates, the RBI strives to strike a balance by controlling inflationary pressures and promoting economic activity.

Impact of Recent Changes on Fixed Income Portfolios of Banks

Affluence Advisory 17 October 2023 at 08:57

With the recent changes given by the regulators on the Fixed Income side with reference to Banks, this article is an impact study of the same on the FI portfolio.

An Overview on Alternative Investment Funds (AIF)

Affluence Advisory 09 October 2023 at 15:58

Alternative Investment Fund or AIF means any fund established or incorporated in India which is a privately pooled investment vehicle that collects funds from sophisticated investors, whether Indian or foreign, for investing it in accordance with a defined investment policy for the benefit of its investors.

Protect Your Investments: A Smart Investor's Precautionary Checklist

Affluence Advisory 03 October 2023 at 15:57

We invest money in the stock market with an intention of making more money out of it. But only a few can actually realise this profit out of their investments. This is due to the necessary precautions not being undertaken by the investors.