Articles by Affluence Advisory

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

Affluence Advisory 22 February 2025 at 08:37

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

Affluence Advisory 20 February 2025 at 08:29

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.

Practising Company Secretary - A Versatile Professional

Affluence Advisory 15 February 2025 at 07:27

In this article, we shall be discussing the plethora of services that a company secretary can render and the forums wherein he can appear and represent a client.

Does Section 203 cover Private Companies?

Affluence Advisory 12 February 2025 at 06:45

While Section 203 is the primary operational provision, the definition in Section 2(51) serves solely to define the meaning of the expression of Key Managerial Personnel (KMP).

TReDS Mandate Extended: A Boost for MSMEs with a Lower Turnover Threshold

Affluence Advisory 11 February 2025 at 11:01

In a landmark decision announced on 7th November 2024, the MSMEs has issued a notification mandating specific categories of businesses to register on the Trade Receivables Discounting System (TReDS) platform.

From Parliament House to Fort

Affluence Advisory 10 February 2025 at 08:47

The Government Budget was fiscally prudent and has not deviated from fiscal consolidation and its target. This budget has been cheered by tax-paying individuals, but the markets have given it a neutral view.

Partnership Firm Registration Process Simplified

Affluence Advisory 06 February 2025 at 15:02

A partnership firm is a business structure created by two or more individuals who mutually agree to share the profits and losses of a business operated by all or any of them on behalf of the others.

FAQs on requirement of prior approval by NBFC for change in management

Affluence Advisory 06 February 2025 at 08:34

The Reserve Bank of India (RBI), in its Master Directions (Direction) for NBFCs, has outlined the requirement of obtaining prior written permission of RBI for a change in management of the NBFC which would result in a change in more than 30 percent of the directors, excluding independent directors (IDs).

Applicability of Downstream Filing in Case of Downstream Investment: Covering Caps, Routes and FAQs

Affluence Advisory 27 January 2025 at 08:48

This article delves into the nuances of downstream investments, regulatory frameworks, caps, routes, and FAQs.

Note on Offering of Co-Investment Opportunities through a Co-Investing Portfolio Managers (AIF)

Affluence Advisory 22 January 2025 at 08:46

On 9th November 2021 Securities and Exchange Board of India("SEBI") has notified amendments to Securities and Exchange Board of India (Alternative Investment Funds) Regulations 2012 ("SEBI AIF REGS") and Securities and Exchange Board of India (Portfolio Managers) Regulations 2020