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Articles by Affluence Advisory

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Global Economic concerns and policy narratives

Posted by Affluence Advisory 12 September 2024 160 Views

The first week of September was anything but favorable for stock market enthusiasts. Far from setting any positive records, the market's performance left financiers and investors alike disheartened.



Can a company make a bonus issue of preference shares?

Posted by Affluence Advisory 11 September 2024 770 Views

Bonus shares are a source of earnings for shareholders and for company it is returning profit to shareholders.



Introduction of Invoice Management System (IMS) on GSTN Portal

Posted by Affluence Advisory 06 September 2024 356 Views

A new functionality will be introduced on GSTN portal w.e.f. 1 October 2024 which will require the recipient of goods or services to match the invoices/records with the details uploaded by supplier for availing ITC.



Ordinary Business and Special Business

Posted by Affluence Advisory 04 September 2024 672 Views

In the governance of companies, the proceedings of shareholder meetings play a critical role. The agenda items discussed in these meetings can be broadly categorized into two types: Ordinary Business and Special Business.



Comparative Analysis of Private Placement and Preferential Allotment

Posted by Affluence Advisory 31 August 2024 479 Views

The rise in start-up culture and entrepreneurship in India over the past few years has resulted in an increase in fundraising by businesses. While launching a business has many obstacles, raising finance is the main one that all new businesses must overcome.



Introduction of RCM Liability/ ITC statement

Posted by Affluence Advisory 30 August 2024 622 Views

A statement called RCM liability/ ITC statement has been introduced on GST portal.



Unpaid and Unclaimed Dividend - Treatment and Transfer to Investor Education and Protection Fund IEPF

Posted by Affluence Advisory 27 August 2024 660 Views

The shareholders in a Company except a Company registered under Section 8, are eligible to get a portion of the Company's profit depending on the number of shares held, this is known as a dividend. It is a distribution of gains by a Company to its members/shareholders.



Forfeiture of Shares: Guide to the Process and Implications

Posted by Affluence Advisory 22 August 2024 351 Views

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

Posted by Affluence Advisory 19 August 2024 654 Views

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

Posted by Affluence Advisory 14 August 2024 246 Views

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.




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