• By Nidhi Pande
• September 2, 2023
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Convertible Note is an instrument evidencing receipt of money initially as a debt, which is- upon occurrence of specified events and as per the other terms and conditions agreed to and indicated in the instrument.   CONDITIONS TO ISSUE CONVERTIBLE NOTE (“CN”): The company that wants to issue CN...

• By Nidhi Pande
• August 22, 2023
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A “start-up company” refers to a private company incorporated under the Companies Act, 2013, or Companies Act, 1956, or registered partnership firm or Limited Liability Company and recognized by the Department for Promotion of Industry and Internal Trade on following criteria: – Tenure of up to 10 years from...

• By Nidhi Pande
• July 28, 2023
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  BRSR Core –Framework for assurance and ESG disclosures for value chain SEBI has issued BRSR Core-Framework for assurance and ESG disclosures for Value chain basis the recommendations of ESG Advisory committee and public consultation. Revised Business Responsibility and Sustainability Reporting (BRSR) Reasonable assurance of the BRSR Core Environmental,...

• By Nidhi Pande
• June 1, 2023
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As per the data, Registered micro-enterprises stand at 13,834,411 (96.12%), followed by small enterprises at 446,980 (3.11%) and midsized enterprises at 40,400 (0.28%). Registered MSMEs can avail Special Credit Linked Capital Subsidy Scheme (SCLCSS) for the services sector In budget 2023-24 special impetus was provided to MSME sector by...

• By Nidhi Pande
• April 11, 2023
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As we embark on a new FY, here is a roundup of #CSR provisions as applicable to your Company. In case of an “ongoing project” last date to transfer unspent CSR funds to a special account is 30th April.   Akansha Rathi and Associates (ARACS), Company Secretary Firm in Navi...

• By Nidhi Pande
• December 12, 2022
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PROCESS OF CONVERSION OF PRIVATE COMPANIES INTO LLP 1. Convene Board Meeting & pass board resolution for conversion. 2. Reserve the name vide RUN – LLP (Optional Not Mandatory) 3. File Form FiLLiP and Form 18, If name is already reserved by RUN – LLP. 4. FiLLiP and Form...

• By Nidhi Pande
• November 26, 2022
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  Given below is the Maharashtra  government’s circular on constitution of Internal Complaints Committee (ICC) Akansha Rathi and Associates (ARACS), Company Secretary Firm in Navi Mumbai is engaged into compliance related services. We have a team of experts who not only possess required skills and experience but also have worked in complex...