Articles by Affluence Advisory

Removal of Name or Strike off or Closure of Companies under Companies Act 2013

Affluence Advisory 31 July 2023 at 08:53

The Ministry of Corporate Affairs to ease out the procedures to strike off of the Company notified Removal of Names of Companies from the Register of Companies and The Companies (Removal of Name of Companies from the Register of Companies) Rules, 2016 with effect from 26th December, 2016.

Comparative study of Mortgage, Hypothecation & Pledge

Affluence Advisory 21 July 2023 at 08:56

When it comes to borrowing money, lenders often require borrowers to provide some form of security or collateral to mitigate their risk.

Trading Window Closure becomes mandatory for all listed entities

Affluence Advisory 19 July 2023 at 14:20

Stock Exchanges have vide its circular dt: June 28, 2023 extended applicability of Circular to all listed entities in a phased manner

FAQs on Income tax Returns for Assessment Year 2023-24

Affluence Advisory 14 July 2023 at 08:58

The article lists down FAQs on Income tax Returns for Assessment Year 2023-24

FAQs on Foreign Liabilities and Assets Annual Return (FLA Return)

Affluence Advisory 13 July 2023 at 09:03

FLA is an abbreviation of Foreign Assets and Liabilities. FLA return is required to be submitted by all the companies / LLPs / AIFs / Partnership Firms / Public Private Partnerships which have received FDI and/or made overseas investments in any of the previous year(s), including the current year.

Maintenance of Documents as per Company law

Affluence Advisory 12 July 2023 at 15:05

Documents preservation of which is permanent in nature

Can Compulsorily Convertible Debentures (CCDs) be issued under the Rights Issue?

Affluence Advisory 08 July 2023 at 09:03

Section 62(1)(a) of the Act regulates the issuance of shares through a rights issue to the company's existing shareholders. Section 62 states that whenever a company with a share capital proposes to increase its subscribed capital by issuing further shares

SEBI notifies Compliance Report on Governance for InvITs

Affluence Advisory 07 July 2023 at 13:01

Securities Exchange Board of India ('SEBI') vide circular SEBI/HO/DDHS-PoD-2/P/CIR/2023/100 dated June 26, 2023 issued a format of Compliance Report on Governance for Infrastructure Investment Trust ('InvITs'). This circular is applicable to InvITs whose units are listed on recognised stock exchange.

The FLDG Model and Fintech-Bank Collaboration in India

Affluence Advisory 05 July 2023 at 08:39

The emergence of Financial Technology providers (fintechs) has revolutionized the way in which financial services are delivered. Fintech firms have leveraged te..

Mandatory Verification of Market rumours

Affluence Advisory 01 July 2023 at 08:59

Introduction to the Amendment:Under the LODR amendment, listed entities are now required to establish a robust mechanism for rumours verification and timely dis..