FEMA provisions of Guarantee to Persons Resident Out of India

FEMA provisions of Guarantee to Persons Resident Out of India We are in the modern era in which whole world became our play ground. Gone are the days, when people were afraid of for going abroad. We Indian proved our mantle all over the world, through our business sense and information technologies developments. Our multinational […]

Dividend can be paid in kind ?

Dividend can be paid in kind ? Provision: As per Section 123(5) of Companies Act, 2013 Dividend not be payable except in cash. Dividend: Section 2(35) of the Companies Act, 2013 simply states that “Dividend Includes Any Interim Dividend”. Thus, the definition of dividend under the Companies Act is an inclusive definition.

Action plan for promoting startups in India

Action plan for promoting startups in India The concept of building a Start-Up environment in India and creating an eco-system for developing entrepreneurship in India, the Government has issued an Action Plan for the ‘STARTUP’s IN INDIA’. The various aspects of the action plan are noted below:-