In the dynamic realm of global business, cross-border mergers and acquisitions (M&A) have emerged as strategic maneuvers, enabling companies to expand their footprint, access new markets, and harness synergies on an international scale. This article delves into the intricacies of cross-border M&A, exploring the drivers, challenges, and regulatory frameworks that shape these transformative transactions in […]
In the intricate landscape of corporate governance, whistleblower protection and vigil mechanisms have emerged as essential safeguards to fortify the ethical fabric of businesses. Enshrined within the Companies Act, 2013, these provisions encourage transparency, accountability, and the disclosure of wrongdoing. This article delves into the Whistleblower Protection framework, citing relevant sections, and explores the significance […]
The Prevention of Oppression and Mismanagement provisions embedded in Sections 241 to 246 of the Companies Act, 2013, stand as bulwarks against injustices within the corporate realm. These sections serve to protect minority shareholders and stakeholders from oppressive acts and ensure that the principles of equity and good conscience prevail in corporate governance. Section 241: […]
In the complex tapestry of economic indicators, Gross Domestic Product (GDP) stands as a beacon, illuminating the overall health and vitality of a nation’s economy. As one of the most widely referenced metrics, GDP serves as a yardstick for policymakers, businesses, and individuals, providing insights into economic performance and shaping key decisions. In this article, […]
Inflation, the relentless rise in the general price level of goods and services, is a financial tide that affects us all. As consumers, we experience its effects in our everyday lives, influencing everything from the cost of groceries to housing and beyond. In this article, we’ll delve into the dynamics of inflation and its multifaceted […]
In an era defined by rapid technological advancement, the integration of Artificial Intelligence (AI) has revolutionized various industries, and accounting is no exception. The traditional role of accountants, centered around number crunching and data entry, is undergoing a profound transformation, thanks to the capabilities of AI. This article delves into the ways AI is reshaping […]
Section 290 of the Companies Act, 2013 lays down that subject to directions by the tribunal, if any, in this regard, the Company liquidator, in a winding up of a company by the tribunal, shall have the power – Professional Assistance to Company Liquidator The Company liquidator may, with the sanction of the tribunal, appoint […]
Definition of Related Party Transaction According to SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 Regulation 2(1) (zc), a “related party transaction” refers to a transfer of resources, services, or obligations between a listed entity and a related party. This includes transactions where a price is charged, and it encompasses both single transactions and a […]
Every company is obligated to maintain one or more registers in Form MBP 4, providing detailed information about all contracts or arrangements. The register should include the following particulars: Entries in the register must be made promptly and chronologically whenever there is a cause to do so. The entries should be authenticated by the company […]
Until now, individuals holding health insurance policies were limited to obtaining cashless treatment exclusively at network hospitals affiliated with the insurance provider. In cases involving non-network hospitals, policyholders were required to bear the entire expense upfront and navigate the intricate process of claim reimbursement. To address this, the General Insurance Council, in collaboration with general […]