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Kettymuds's Blog (13)

Brief background of POSH Act 2013

The Ministry of Women and Child Development enacted and implemented the POSH Act 2013 following 16 years of Vishaka. This Act defined the terms Sexual Harassment, Employee, Workspace, Employer's Roles and Responsibilities, Internal Complaints Committee, Complaint Policies and Procedures, Punishments and Remedy, and Measures to Prevent Sexual Harassment through Courses and Education.

Sexual…

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Added by kettymuds on April 11, 2022 at 5:16am — No Comments

How To Convert Physical Certificate Into Demat?

What is a share certificate?

A share certificate is issued to a shareholder as a receipt for his or her purchase and to represent ownership of a set number of shares in the firm. Physical share certificates are rarely issued in today's financial world, with digital records replacing them in the vast majority of situations.

Is it still possible to obtain real share certificates?

Non-listed shares can still be held in tangible form by investors. Even after April 1, 2019, they…

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Added by kettymuds on March 16, 2022 at 8:18am — No Comments

How To Convert Physical Certificate Into Demat?

What is a share certificate?

A share certificate is issued to a shareholder as a receipt for his or her purchase and to represent ownership of a set number of shares in the firm. Physical share certificates are rarely issued in today's financial world, with digital records replacing them in the vast majority of situations.

Is it still possible to obtain real share certificates?

Non-listed shares can still be held in tangible form by investors. Even after April 1, 2019, they…

Continue

Added by kettymuds on March 16, 2022 at 8:18am — No Comments

How To Convert Physical Certificate Into Demat?

What is a share certificate?

A share certificate is issued to a shareholder as a receipt for his or her purchase and to represent ownership of a set number of shares in the firm. Physical share certificates are rarely issued in today's financial world, with digital records replacing them in the vast majority of situations.

Is it still possible to obtain real share certificates?

Non-listed shares can still be held in tangible form by investors. Even after April 1, 2019, they…

Continue

Added by kettymuds on March 16, 2022 at 8:18am — No Comments

How To Convert Physical Certificate Into Demat?

What is a share certificate?

A share certificate is issued to a shareholder as a receipt for his or her purchase and to represent ownership of a set number of shares in the firm. Physical share certificates are rarely issued in today's financial world, with digital records replacing them in the vast majority of situations.

Is it still possible to obtain real share certificates?

Non-listed shares can still be held in tangible form by investors. Even after April 1, 2019, they…

Continue

Added by kettymuds on March 16, 2022 at 8:18am — No Comments

How NBFC Embarking Higher Growth Rate in India?

The NBFC industry in India has seen a tremendous transition in recent years, and it is now recognised as a systemically important component of the financial system, with sustained year-on-year growth. NBFCs play an important role in the construction of basic infrastructure, transportation, job creation, wealth creation, economic development, financing economically…

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Added by kettymuds on February 16, 2022 at 1:00am — No Comments

What function does the NCLT play in insolvency proceedings?

Introduction

It is worth mentioning that the Insolvency and Bankruptcy Code, 2016, has designated the National Company Law Tribunal (hereinafter referred to as NCLT), which is established under Section 408 of the Companies Act, 2013, as the adjudicating authority for the purposes of insolvency resolution and corporate liquidation.

The National Company Law Tribunal has jurisdiction

It is worth noting that the registered office of a certain corporate entity is used to determine…

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Added by kettymuds on January 25, 2022 at 1:47am — No Comments

Key Highlights of the 2016 Insolvency and Bankruptcy Code

The Insolvency and Bankruptcy Code, enacted by Parliament, is a welcome update to the existing framework for dealing with corporate, individual, partnership, and other entity insolvency. It clears the path for much-needed changes while concentrating on creditor-driven bankruptcy resolution.

BACKGROUND

In India, there are now several overlapping laws and adjudicating forums dealing with financial failure and insolvency of organisations and people. The existing legal and…

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Added by kettymuds on January 25, 2022 at 1:00am — No Comments

Role of NBFCs in Nation Building

NBFC specialises in the provision of secure and non-secured loans, not just personal, business, auto loans, gold, finance, equity, equity, stock, bonds, rental, insurance, currency exchange, peer to peer credits, hedge funds, and so on.

RBI has created two separate departments for the proper administration and efficient operation of NBFCs. Regulation on non-banking and Department of non-banking oversight. The CGM is responsible for both departments (Chief General Manager level Executive…

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Added by kettymuds on January 23, 2022 at 11:51pm — No Comments

Get an insurance Broker License In India

Get an insurance Broker License In India

Application for insurance broker certification

To get an insurance broker licence in India, the applicant must submit an application, FORM B- Schedule I.

A document listed in the FORM-C Schedule I of the rules shall be attached to the application.

The application must be submitted with the fees listed in FORM D- Schedule I in order for the certification to be granted. Before applying for an insurance broker licence, make sure to…

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Added by kettymuds on January 19, 2022 at 5:44am — No Comments

Get an insurance Broker License In India

Get an insurance Broker License In India

Application for insurance broker certification

To get an insurance broker licence in India, the applicant must submit an application, FORM B- Schedule I.

A document listed in the FORM-C Schedule I of the rules shall be attached to the application.

The application must be submitted with the fees listed in FORM D- Schedule I in order for the certification to be granted. Before applying for an insurance broker licence, make sure to…

Continue

Added by kettymuds on January 19, 2022 at 5:44am — No Comments

How To Execute Corporate Insolvency Resolution Process

Background

Following the start of the corporate insolvency resolution procedure under Sections 7, 9, or 10 of the Insolvency Code, 2016, additional action will be taken before the Adjudicating Authority (NCLT).

The procedure before the NCLT must be governed by rules 20 to 24 and 26 of Part III of the NCLT Regulations, 2016 [until the rules under the Insolvency and Bankruptcy Code are issued] – rule 10 of the Insolvency and Bankruptcy (Application to Adjudicating Authority)…

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Added by kettymuds on January 19, 2022 at 4:27am — No Comments

Winding up of a company in India

The process of winding up a company is described as the procedure by which the life of a business is ended and its property is controlled for the benefit of its members and creditors. Professor Gower defines winding up as "the process by which a company's life is ended and its property is handled for the benefit of its members and creditors." An administrator, known as a liquidator, is appointed and takes charge of the business, collecting its assets, paying its obligations, and eventually…

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Added by kettymuds on January 19, 2022 at 4:09am — No Comments

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