Legal Matters

The provisions relating to buy-back of shares in India are governed by Section 68 to Section 70 of the Companies Act, 2013 and the Companies (Share Capital and Debentures) Rules, 2014. Buy-back of Shares of Indian Companies – The Conditions However, no buy-back of any kind of shares can be made out of the proceeds […]

Investment by resident Indians and Non-Resident Indians (NRIs) in India differ in terms of treatment and taxation. Let’s explore the key differences: #1. Residential Status The primary distinction lies in the residential status of the investor. Resident Indians are individuals who reside in India for a specified period, while NRIs are Indian citizens or Persons

Investing through the Foreign Venture Capital Investor (FVCI) route provides certain advantages and opportunities for investors. Here’s an elaboration on investing through the FVCI route: The FVCI route allows foreign venture capital investors to invest in Indian startups and early-stage companies. Here are some key points to consider: Here’s how FVCIs contribute to attracting investment:

Under the Companies Act, 2013 of India, a private company can be considered a public company in the following circumstances: For international entrepreneurs and businesses looking to capitalize on the opportunities in India or elsewhere, setting up a company in the US or the UK can provide a strategic advantage. Firstbase allows you launch your

Under the Companies Act, 2013 of India, the terms “subsidiary company” and “holding company” are defined under Sections 2(87) and 2(46) respectively. For international entrepreneurs and businesses looking to capitalize on the opportunities in India or elsewhere, setting up a company in the US or the UK can provide a strategic advantage. Firstbase allows you

The Companies Act, 2013 in India covers various types of companies. The relevant sections defining the types of companies are: There are other types of companies as well, such as a foreign company, a government company, a nidhi company, a small company and dormant companies. Company (Section 2(20)) As per Section 2(20) of the Companies

The Companies Act, 2013 and the Companies (Share Capital and Debentures) Rules, 2014 of India, categorize preference shares into several types. Here are some of the different kinds of preference shares, along with the relevant sections and rules: Types of Preference Shares Equity Shares vs Preference Shares Under the Indian Companies Act, 2013, and the

Under the Indian Companies Act, 2013, a company’s share capital is classified into several types. Here are the main types of share capital, along with relevant sections: Issued Share Capital vs Subscribed Share Capital – What is the Difference? Issued share capital and subscribed share capital are two different concepts in corporate finance, each with

Current Account Transactions and Capital Account Transactions are two categories that classify different types of transactions under the Foreign Exchange Management Act, 1999 (FEMA) in India. Current Account Transactions (Section 2(j)) These transactions involve the movement of goods, services, and payments between residents and non-residents. Examples include trade in goods and services, remittances, travel expenses,