Related Party Transactions
Classification of Related Party Transactions as per Companies Act: RPTs specified under Section 188(1) of the Act: Except with the consent of the Board of Directors given by a resolution at a meeting of the...
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Import Export Code (IEC)
Import Export Code ( in short IEC) is a ten digit number granted by Directorate General of Foreign Trade under Ministry of Commerce and Industry, to any bonafide person/ company for carrying out import/export. 1)...
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FSSAI License
FSSAI – License Food Safety and Standards Authority of India (FSSAI) is an autonomous authority to provide a Food License to every food businesses in India. FSSAI is responsible for protecting and promoting public health...
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Employees Stock Option Scheme
MEANING (SECTION 2(37) OF COMPANIES ACT, 2013): “Employees’ Stock Option” means the option given to the directors, officers or employees of a Company or of its holding company or subsidiary company or companies, if any,...
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Buyback of Shares and Securities
APPLICABLE PROVISIONS: Section 68, 69 & 70 of the Companies Act, 2013 read with Rule 17 of The Companies (Share Capital & Debentures) Rules, 2014 are the provision concerned towards the Buy Back of Securities by the unlisted...
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Bonus Issues
BONUS SHARE ISSUE AND ITS PROCEDURE Meaning and its Feature Bonus shares are issued free of cost It is issued to current shareholders in proportion of their holding. For e.g. if it issued in 10:50...
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