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The Centralized Public Grievance Redress and Monitoring System (CPGRAMS Portal of Government of India) is an online platform that can be used by citizens 24/7 to make complaints with government entities about any aspect of service delivery. It is a unified gateway connecting all Ministries or Departments of the Government…

Dematerialisation of Securities in Private Companies refer to the process of converting physical securities such as share certificates, bonds into digital form. What are the benefits of dematerialisation of securities? Reduced risk: Dematerialisation of Securities in Private Companies eliminates the risk of physical certificates being lost, damaged or stolen and…

SMFG India House Finance Company, now known as SMFG Grihashakti Home Loan, formerly recognized as Fullerton India Home Finance Company Limited, has risen as a prominent Non-Banking Financial Company (NBFC) in India. They specialize in paying house loans within a swift 72 hours post-loan approval. Navigating the array of home…

Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in driving economic growth, fostering entrepreneurship, and generating employment opportunities in India. Recognizing the significance of this sector, the Indian government has formulated MSME scheme list and initiatives to support the growth and development of MSMEs. Various subsidy schemes for…

In an era where global challenges like climate change, inequality, and poverty demand innovative solutions, traditional financial markets too need to accommodate a new wave of socially conscious investors. Therefore, the idea of an electronic fund-raising platform “Social Stock Exchange in India” was proposed under the regulatory ambit of SEBI.…

The Indian government enacted, the Real Estate (Regulation and Development) Act, 2016 (RERA) which serves as a legislative framework, designed to protect the interests of homebuyers while fostering accountability and transparency within the real estate sector. Explore this article to understand the arbitrability of flat-buyer disputes under the RERA Act…

The directors through the board of directors manage a company by making decisions, devising strategies, and ensuring the organization meets its objectives. Every type of director has specific authority, but they work together to advance the business's interests and represent the organization. Let us delve into the realm of the…

FAQs on PAS-6 FAQs on PAS-6, it refers to the submission of approval of the audit report on the share capital (half-yearly) of unlisted public companies. The purpose of this form is to recognize any difference between the issued capital and the capital held in the dematerialized form of the…

A global language used for company reporting, XBRL is used to transmit financial and business data electronically. The analysis, preparation, and sharing of company information are facilitated by XBRL filing. Now we will have a look into the How to File Financial Statements in XBRL Format? TABLE OF CONTENT What…

The Ministry of Corporate Affairs, New Delhi recently issued a significant notification dated 27 October 2023, amending Limited Liability Partnership Rules (LLP), 2009. The amendment introduces key changes relating to Register of partners and declaration of beneficial interest in any contribution. In this article we will delve into the Significant…