Payroll services in Bangalore
Payroll Services in Bangalore Managing payroll can be complex and time-consuming for businesses of all sizes. At Chhota CFO, we offer professional payroll services in Bangalore designed to streamline your payroll processes, ensure compliance, and provide peace of mind. Payroll management is a core function requirement of every organization. Getting the payroll right is vital […]
Conversion Of Loan Into Equity
Conversion of Loan into Equity Any company can convert loans into share capital of company under companies act 2013 (except loan taken and debenture issued to government company) Provisions under Companies Act, 2013 Provisions of Section- 62 doesn’t required to follow in this situation Special Resolution required filing at the time of issue of Debenture […]
Convertible Notes – Eligibility, Process and Requirements
Convertible Notes Eligibility Process & Requirements Introduction Startups that need pre-seed or seed funding use convertible notes to raise money before offering equity funding. Since founders can buy their shares when they’re incorporated at a price specified in the articles of incorporation, turning around a few months later and selling shares at a significant markup […]
RIGHTS ISSUES OF SHARES – EQUITY
Rights issues of Shares Equity The concept of Right issue of shares is governed by section 62(1)(a) of the Companies Act, 2013. The said section deals with provision related to increase in subscribed share capital of the Company by issue of further shares. ‘Right Issue’ means offering shares to existing shareholders in proportion to their […]
MSME CLASSIFICATION
MSME CLASSIFICATION INTRODUCTION : Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural […]
SWEAT EQUITY
Sweat Equity Introduction Employees are the backbone of any business as their diligence and hard work play a crucial role in the growth of any business. Many companies appreciate their employees and reward them in different ways. Rewarding employees motivates them to contribute more to the growth of the business. Sweat equity shares is one […]
CLAAT CORPORATE ADVISORS LLP
CLAAT CORPORATE ADVISORS LLP You have not received your Income Tax refund yet? Awaiting you refunds for a prolonged period, is really something which bothers! The following needs to be checked on before you find out the reasons for refund not being credited to your bank account: The income tax return must be filed within […]
Concept of One Person Company(OPC) under Companies Act, 2013
Concept of one person Company OPC under Companies Act 2013 One Person Company is newly added in the Companies Act 2013, earlier there was no concept of a one-person Company. The main aim was to promote the individual having the resources to form a company by reducing the complications and challenges faced while incorporation of […]
Human Resource Policies for a Start-up Company
Human Resource Policies for a Start-up Company Code of Conduct One of the most important HR Policies for a start-up company is the code of conduct or the work culture to be followed by the employees. The policy details the ethical behavior, employee relations, dress code, harassment policy, discrimination policy, customer misbehavior policy, etc. to […]
Procedure for Converting a Loan into Equity
Procedure for converting a Loan into Equity APPLICABLE SECTION : SECTION 62(3) CONVERTING A LOAN INTO EQUITY of a company is a common practice because many companies that have borrowed money from their directors, financial institutions, or any other entity are obligated to repay the debt within the time frame set forth in the loan […]
