Pre-requisites of Buyback | Steps for Buyback of securities | Modes of Buyback | Source of Funds | Other provisions related to Buyback | Transfer of certain sums to Capital Redemption Reserve Account | Circumstances in which Buyback is Prohibited The literal meaning of word ‘buyback’ is ‘repurchase’. Buy back of securities means purchase of…
Procedure for Conversion – Conditions for conversion – Key benefits – other important points Usually entrepreneurs start their business ventures in the form of Sole Proprietorship, reason being it is the simplest form which has least maintenance cost. Alongside, the owner has the complete control of the business and the ownership remains in his hands.…
Benefits of LLP – Annual Compliances for LLP – Annual filing – Maintenance of Books of Accounts and Documents – Filing of Income Tax Returns – Audit of LLP Partnership has been the most desirable form of business since ages. Just by adding a prefix i.e. ‘Limited Liability’, A new form of business is created…
Relevant provisions – What is the meaning of deposits? – Who can invite deposits? – Conditions to be meet with respect to deposits Companies are runs on three measures, those measures would be customer satisfaction, employee satisfaction, and cash flow. Having continuous cash flows and raising funds for long term projects is the need of…
Meaning of Partnership – Advantages of Partnership – Registration of Partnership – Incoming and Outgoing Partners Think about an individual who wants to establish his own foundation, the available options are sole proprietor, company, partnership or any other combination. The option sole proprietorship comes with the struggle of capital resources and minuscule growth and on…
Ministry of Corporate Affairs (MCA) vide General Circular No. 18/2020 dated 21st April 2020 has provided certain relaxation in holding of Annual General Meeting (AGM) for those Companies whose financial year has ended on 31st December 2019. As per Section 2(46) of the Companies Act, 2013, Companies which are holding, subsidiary or associate of a…