Articles by Affluence Advisory

Related Party Transaction - Part 1

Affluence Advisory 21 July 2022 at 14:39

The regulators has imposed restrictions for related party transactions for empowering protection to the minority shareholders' interests through requirement of the approval of the shareholders through a resolution for all material related party transactions, wherein all the related party of the company refrain from voting.

Foreign company can set up their operations in India through Branch Office / Liaison Office / Project Office

Affluence Advisory 20 July 2022 at 12:53

A company incorporated outside India have an option to have an office in India by way of a branch office (BO), a liaison office (LO) and a project office (PO). ..

Ease of doing business in India: An analysis

Affluence Advisory 02 July 2022 at 13:12

A favorable business environment is a prerequisite for the economic growth of a nation. A country like India which is among the fastest developing countries in the world has the potential to surpass the leading countries in terms of business.

Roadmap / Blueprint of External Commercial Borrowings- ECBs

Affluence Advisory 25 June 2022 at 15:08

Globalization has paved way for international financing which helps the organization to engage in cross-border transactions with foreign business partners, such as customers, investors, suppliers, and lenders. Indian companies have an option to mobilize funds through ECB mode from the foreign market to have optimum capital structure.

Reduction of tax outgo for Home Buyers

Affluence Advisory 11 June 2022 at 17:25

In a recent decision of Gujarat High Court in case of Munjaal Manishbhai Bhatt vs UoI & Ors. High Court held that value of land can be excluded from levy of..

Analysis of The Companies (Appointment and Qualification of Directors) Amendment Rules, 2022

Affluence Advisory 10 June 2022 at 13:26

The Ministry of Corporate Affairs (MCA) vide its notification dated June 01, 2022, has notified The Companies (Appointment and Qualification of Directors) Amendment Rules, 2022, and the said rules are applicable from immediate effect i.e. June 01, 2022.

One Person Company: An analysis

Affluence Advisory 02 June 2022 at 14:05

The concept of a One Person Company is newly added in the Companies Act, 2013. Before the enactment of the Companies Act, 2013 there was no concept of One Person Company.