Articles by Affluence Advisory

Scheme of Amalgamation: Key Components, Process & Legal Aspects

Posted by Affluence Advisory 12 March 2025 250 Views

Amalgamation is the process where two or more companies combine to form a single entity, often with the goal of achieving greater efficiency, market reach, or financial stability.

Foreign Contribution Regulation Amendment Rules 2024: Key Changes & Impact

Posted by Affluence Advisory 08 March 2025 298 Views

This article explores the key highlights of the amended rules, comparing them with the earlier provisions to understand their impact on regulated entities.

Regulatory Compliance for Wholly Owned Subsidiaries (WOS) of Foreign Companies in India

Posted by Affluence Advisory 06 March 2025 755 Views

Wholly Owned Subsidiaries (WOS) provide an effective means for foreign entities to establish their operations in India. A WOS is a company where the entire share capital is held by a foreign parent company, allowing for complete control over the Indian operations.

Monthly Remuneration to Non-Executive Directors, permissible?

Posted by Affluence Advisory 28 February 2025 534 Views

Let's find out whether it is permissible for a company to pay monthly remuneration to its NED?

Capital Levels of Banks and NBFCs: Resilience amid Stress Scenarios

Posted by Affluence Advisory 26 February 2025 129 Views

The Reserve Bank of India’s (RBI) recent stress test results reveal a robust financial system, with capital levels at banks and Non-Banking Financial Comp

Agreement to Sell vs. Sale Deed - Key Differences & Legal Insights

Posted by Affluence Advisory 22 February 2025 514 Views

The terms "Agreement to Sell" and "Sale Deed" are used very loosely and sometimes interchangeably, not only in conversations but also during negotiations and documentation/s.

Compounding Regulations under FEMA

Posted by Affluence Advisory 20 February 2025 271 Views

Compounding of contraventions is a voluntary process where an individual or entity admits a contravention under any provision of law and seeks to settle the matter by paying the compounding fees, thus avoiding lengthy legal proceedings and hefty penalties that arise due to the committed contraventions.