Nidhi Company Business Plan

Shobhit224719 May, 2022Business

A Nidhi company Business Plan is required to hold 10% of total deposits collected in any nationalised bank as a fixed deposit each month. A Nidhi company Business Plan may close a branch only if it has issued an advertisement in a vernacular language newspaper in the area where it conducts business at least 30 days prior to the closure, alerting the public about the closure.

Core Investment Company

Shobhit224718 May, 2022Business

The Reserve Bank of India (RBI) organised a working group that proposed steps to improve Core Investment Companies (CIC). Tapan Ray, the former Corporate Affairs Secretary, leads the organisation. Core Investment Company (CICs) are a subset of Non-Banking Financial Institutions (NBFCs).

Understanding the Financial Creditor Under IBC

Shobhit224717 May, 2022Business

Financial creditors under IBC and operation creditors differ in that their liabilities stem from various sources. Where a financial creditor under IBC is obligated according to a contract, such as a loan or debt, and an operational creditor is obligated due to operational activities.

What is Dematerialization (Demat of Shares)?

Shobhit224711 May, 2022Business

The process of changing physical shares and securities into digital or electronic form is known as dematerialisation or demat of shares. The Securities and Exchange Board of India, better known as SEBI, has two depositories: Central Depository Services India Limited (CDSL) and National Securities Depository Limited (NSDL). Let's take a closer look at the concept of dematerialisation (demat of shares).

What is dematerialisation (demat of shares) of shares

Shobhit224709 May, 2022Business

The dematerialisation (demat of shares) idea was developed in the Indian Financial Market to alleviate the hazards associated with share trading in paper format. Dematerialisation demat of shares, or Demat, is the process by which an investor's physical share certificate is transformed to an electronic format and stored in a Depository Participant account.

What is a Startup India Program?

Shobhit224703 May, 2022Other

With the potential of greater job opportunities, the Indian government has endeavoured to aid start-up businesses in developing and succeeding in the Indian market. The Startup India Program can help you innovate and improve your economic sustainability.

How to Empanel External Member in POSH ICC Committee

Shobhit224701 Apr, 2022Education

How do you choose an external member for POSH? What does it mean to be an external member for ICC under POSH? Every posh committee external member must include one External Member for POSH from a non-governmental group dedicated to the cause of women, as well as anybody who is involved in or aware of sexual harassment concerns.

Recovery of Shares From ipef

Shobhit224731 Mar, 2022Education

What kind of unclaimed shares transfer to iepf? All shares in respect of which a dividend has not been paid or claimed for seven years or more must be transferred to IEPF, according to Section 124(6) of the Companies Act, 2013 (Act). How can I find out if my unclaimed shares transfer to iepf? Details on sums scheduled to be transferred to the IEPF

How to Claim Unclaimed shares

Shobhit224731 Mar, 2022Education

In India, what happens to unclaimed shares? Unclaimed shares dating back seven years will shortly be handed to the Indian government. The total number of such shares in circulation can only be guessed. If you multiply the NIFTY 500 dividend yield by the yearly unclaimed dividend, you obtain a value of almost Rs1,00,000 crores.

Book POSH Training India

Shobhit224730 Mar, 2022Education

POSH training assists employees in recognising and distinguishing between suitable and inappropriate workplace behaviour. Participants are also educated on the legal aspects of the POSH Act. Employees have a firm knowledge of what constitutes sexual harassment through training.

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