Soniya Khanna

This blog discusses the various types of shares/securities available to Private Limited Companies. Shares, also known as securities under the Companies Act of 2013, are amongst the financial tools used to obtain revenue for a corporation. Shares are ownership interests in a business entity or financial assets that provide an equitable distribution of profits in the form of […]

Making India Self-reliant [Aatmanirbhar Bharat Abhiyan to spur growth and to build a self-reliant India: Finance Minister] As we know, India is under lockdown for more than 50 days, which resulted in serious economic repercussions therefore Government of India has taken steps to combat economic battle. From 13th May, 2020 to 17th May, 2020 finance […]

With a view to curb opportunistic takeovers/acquisitions of Indian companies due to COVID-19 pandemic, the “Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry” has reviewed the extant FDI policy, 2017 on 17th April, 2020 by issuing Press Note No. 3(2020 Series). The government has amended para 3.1.1 of extant FDI […]

Recently on 21st April, 2020 Ministry of Corporate Affairs (MCA) issued the circular for companies under which authority provided the ease of holding AGM (Annual General Meeting) due to the outbreak of COVID-19. Provisions of Holding AGM (Annual General Meeting) as per Companies Act, 2013 As per Section 96 of the Companies Act, 2013[1] , […]