When a startup raises funding from angel investors, venture capital funds, or strategic investors, one of the first documents discussed is the Term Sheet. A term sheet is a preliminary investment document that outlines the key commercial, legal, and governance terms between the investor and the startup before final...
Read MoreA Managing Director (MD) is one of the most important managerial personnel in a company, responsible for overall control of business operations and execution of board-approved strategy. The appointment and functioning of a Managing Director is governed under the provisions of the Companies Act, 2013. This article provides a...
Read MoreThe Ministry of Corporate Affairs (MCA) issued General Circular No. 01/2026 dated 24 February 2026 introducing the Companies Compliance Facilitation Scheme, 2026 (CCFS-2026), a one-time opportunity for companies to regularise delayed statutory filings and, where applicable, opt for dormancy or strike-off at concessional fees. The scheme has been introduced...
Read MoreSection 45-I(f) of the Reserve Bank of India Act broadly defines NBFC as: “a financial institution which is a company; OR a non-banking institution which is a company and whose principal business is receiving deposits under any scheme or arrangement or lending in any manner; such other non-banking institution...
Read MoreIntroduction of DIN DIN was formally introduced with effect from 1st July 2007 and is defined under Section 2(1)(d) of the Companies (Appointment and Qualification of Directors) Rules, 2014. The principal objective was to assign a unique lifetime identity to every company director. Section 155 of the Companies Act,...
Read MoreCorporate Laws Amendment Bill 2026 offers key insights into recent updates in corporate law, highlighting changes that impact compliance, governance, and regulatory practices. This overview provides a clear understanding of evolving legal frameworks, helping stakeholders stay informed about important developments shaping the corporate and business environment. Corporate Laws Amendment...
Read MoreThe LLP Amendment Bill, 2026 introduces significant reforms aimed at enhancing ease of doing business, strengthening compliance frameworks, and aligning LLP regulations with global practices. Key changes include IFSC-related provisions, streamlined conversion processes, and improved transparency, offering greater flexibility and efficiency for businesses and professionals operating under the...
Read MoreGIFT City (Gujarat International Finance Tec-City) represents India’s first operational International Financial Services Centre (IFSC) and a landmark initiative aimed at positioning the country as a globally competitive financial hub. Conceptualized as a world-class financial and technology ecosystem, GIFT City has been developed to attract international financial services and...
Read MoreWhat is a SAFE Note? A SAFE (Simple Agreement for Future Equity) is an investment instrument through which an investor provides capital to a startup in exchange for a right to receive equity shares in the future upon the occurrence of a specified event—such as a priced funding round....
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