Category: Company Law

Company Law Articles, Video, PPT, Discussion, Expert Analysis

Issue of Securities-Public offer, Rights issue, Private placement, Offer for Sale, IPO, FPO

Posted on by Business So Simple in Company Law

A company can raise funds through issue of securities.  Issues of Securities can be classified as a 1. Public   2. Rights or 3. Preferential issues /private placements.

While public and rights issues involve a detailed procedure, private placements or preferential issues are relatively simpler. :

Public offer : “Public offer” includes initial public offer or further public offer of securities to the public by a company, or an offer for sale of securities to the public by an existing shareholder, through issue of a prospectus (Explanation to Section 23).

Private placement: Private placement as any offer or invitation to subscribe or issue of securities to a select group of persons by a company (other than by way of public offer) through private placement offer-cum-application, which satisfies the conditions specified in this section 42 (Explanation I to Section 42)

Offer for sale (OFS) :

Public Offer includes or an offer for sale (OFS) of securities to the public by an existing shareholder, through issue of a prospectus.

Offer for Sale (OFS) is when the promoters (owner) of a listed company sell their shares to the general public. It is a transparent process which takes place on the stock exchange. Only the top 200 companies as per market capitalisation can initiate an OFS.

Unlike IPOs or FPOs, the concept of OFS is fairly new for Indian investors. The Securities and Exchange Board of India (SEBI) introduced OFS in February 2012. This was following a guideline issued by SEBI that promoters cannot hold more than 75% stake in listed companies. Earlier only promoters could participate in an OFS. But now, any shareholder holding more than 10% shares can offer their shares for sale.

Further issue of Shares:

Refer PPT and YouTube Video Link on Issue of Securities-

Thank You !

Bipul Kumar

Business Consultant

RSBK Business Services Private Limited

(A team of CA,CS & Lawyers)

Website: https://businesssosimple.com

Email: rsbkeducationalservices@gmail.com

Contact us: +91-6541-296060,  9304027546 Whatsup no. -9122050937

Fund raising options available for Private Limited Company

Posted on by Business So Simple in Business Consultancy, Company Law

Every business needs fund for plant/machinery/fixed assets, working capital, business expansion etc. In this video, I have listed some fund raising options available for Private Limited Company as under-
A. Further Issue of Capital–
Right Issue, Employee stock optional plan (“ESOP”), Private Placement/ Preferential Allotment B. Loan and Debenture– Loan, Unsecured Loan from Director and his Relatives, Debenture C. Deposit D. Inter-corporate Deposit E. Angle Investor F. Venture Capital G. Misc– Trade Payble/Creditors , Customer advance.

Please refer YouTube video link (PPT) for details

Regards,
Bipul Kumar

DECLARATION AND PAYMENT OF DIVIDEND{Updated with all Company Law, SEBI Income tax & FEMA provisions till May 2021)

Posted on by Business So Simple in Company Law, FEMA, Financial Prudence, Income Tax, International Taxation

Dear Sir,

Please find below YouTube Link of Video on DECLARATION AND PAYMENT OF DIVIDEND{Updated with all Company Law, SEBI Income tax & FEMA provisions till May 2021)
https://www.youtube.com/watch?v=CLLl4Sw4iG0

Topic Cover

✅ Financial planning for Dividend decisions

✅ Company law provisions applicable on declaration & payment of Dividend

✅ Taxability of divided-Taxability in hands of Company & Shareholders, Withholding taxes

✅ FEMA provisions applicable on repatriation of Dividend outside India

Regards,
Bipul Kumar

Monthly compilation of Video on Company Law, Succession planning, Income Tax & GST

Posted on by Business So Simple in Company Law, Financial Prudence, GST, Income Tax, Succession Planning

Dear Sir,

Please find below YouTube link of Monthly compilation of Video on Company Law, Succession planning, Income Tax & GST for your easy reference:

👉 Company Law

Setting of Branch offices of Foreign Company in India
https://youtu.be/Y30q0ZgcMcU

Nidhi Company-each & everything
https://youtu.be/maS_1205vO4

Producer Company-each & everything https://youtu.be/MP-t3sg_qWg

CSR Funding: Ngo registration for getting CSR Funding https://youtu.be/j-OG40NJl9Q

Managerial Remuneration
https://youtu.be/a9DHcuu8iyI

Presentation of Financial Statements w.e.f. 01st April 2021
https://youtu.be/kExSlqi14os

Limited Liability Partnership & its suitability
https://youtu.be/_06iCBKsDc8

👉 Succession planning

Each & everything about Will https://youtu.be/W80MGdy0kio

Partition of Property https://youtu.be/IaQ03qcRWDg

👉 Income Tax

Fair Market Value calculation for Section 50B (Slump Sale) of Income Tax Act, 1961 – Updated by Notification No. 68/2021 -24th May, 2021
https://www.youtube.com/watch?v=UILmcJxns9k

Extension of ITRs, Tax Audit Report, TP Audit Report, Belated/Revised Return for FY 2020-21 https://youtu.be/scXDMjZ9v2k

Tax benefits for Startup
https://youtu.be/1DDJ1_LlhfA

New Rules of for registration u/s 12AB & 80G w.e.f. 01-04-2021 https://youtu.be/JfKVfZ9mk6Q

👉 GST

Accounts & records maintained under GST
https://youtu.be/k4xmiu_9mE0

GST Amnesty Scheme (July 2017 to April 2021-GSTR 3B Return)
https://youtu.be/NQ_XeOv_uXU

Late fees Rationalisation for April 2021 onwards period
https://youtu.be/NZMZhi5mG2k

Simplification of Annual Return for FY 2020-21 https://youtu.be/L21Over9X3w

Covid related measures for taxpayers https://youtu.be/Mb7Ae2LMm1E

Regards
Bipul Kumar

Relaxation by MCA due to COVID-19(May 2021-Updates)

Posted on by Business So Simple in Company Law

Dear Friends,

Please find below YouTube link of video on Relaxation by MCA due to COVID-19(May 2021-Updates)
https://www.youtube.com/watch?v=MajKsxtewVM

Topic

Extension of Gap between Two Board Meetings

Relaxation on Levy of Additional fees

Relaxation of time for Charge Forms CHG-1 and CHG-9. & Non-Applicability

Clarification on spending of CSR funds for ‘creating health infrastructure for COVID care’, ‘establishment of medical oxygen generation and storage plants’ etc.- reg- General Circular No. 09/2021 dated 05 May 2021

Regards
Bipul Kumar

COVID related CSR Activities(March 2020 to April 2021)(Updated by MCA General Circular dated 22nd April 2021)

Posted on by Business So Simple in Company Law

Dear Sir,

Please find below YouTube link of COVID related CSR Activities(March 2020 to April 2021)(Updated by MCA General Circular dated 22nd April 2021)
https://www.youtube.com/watch?v=zNPI-BDhChI

✅ Setting up makeshift hospitals and temporary COVID-19 care facilities

✅ Covid-19 spending

✅ R&D spend on Covid-19 vaccines, drugs and medical devices

✅ Awareness campaigns/ programmes or public outreach campaigns on Covid-19 vaccination programmes

Regards,
Bipul Kumar

Producer Company-Each and everything(Updated by Producer Companies Rules, 2021)

Posted on by Business So Simple in Company Law

Dear Sir,

Please find below YouTube video on Producer Company-Each and everything(Updated by Producer Companies Rules, 2021)

Topic cover

🎯What is Producer Company ?

🎯Legal provisions applicable on Producer Company

🎯 Features of Producer Company

🎯Benefits of forming Producer Company

🎯Tax Benefit to Producer Company

🎯Government schemes for Farmer Producer Companies

🎯Latest amendment- Producer Companies Rules, 2021

Regards,

Bipul Kumar

“CSR Funding”NGO registration for getting CSR Funding

Posted on by Business So Simple in Company Law

Dear Sir,

Please find below YouTube link of video on “CSR Funding”NGO registration for getting CSR Funding

✅ Companies(Corporate Social Responsibility Policy) Amendment Rules, 2021 MCA Notification dated 22nd January 2021 -Amendment in brief

✅ CSR Compliance

✅ CSR Implementation

✅ Professional guidelines for Filling and verification of Form CSR-1 & Clause wise analysis of CSR-1 Form ✔️

✅ Required documents for CSR registration

Regards,
Bipul Kumar

Managerial Remuneration {Incorporating provisions of Companies (Amendment) Act, 2020 effective from 18/03/2021}

Posted on by Business So Simple in Company Law

Dear Friends,

Please find below YouTube link of video on 💠💠💠💠 Managerial Remuneration {Incorporating provisions of Companies (Amendment) Act, 2020 effective from 18/03/2021}

🎯 Remuneration To Managerial Personnel – In case of Adequate profit

🎯 Remuneration To Managerial Personnel or or other director- in case of Inadequate profit

🎯 Remuneration To Managerial Personnel or or other director- in case of Inadequate profit-Special cases

🎯 Companies (Amendment) Act, 2020 effective from 18/03/2021

Regards,
Bipul Kumar

Latest updates & video series on Company Law, Income Tax, GST & Financial awareness-April 2021

Posted on by Business So Simple in Company Law, Financial Prudence, GST, Income Tax, News Desk, Succession Planning

Dear Friends,

Please find below link of latest updates & video series on Company Law, Income Tax, GST & Financial awareness

🎯 Company Law

MCA defers Audit Trail Provisions by 1 year w.e.f. 01st April 2022 https://youtu.be/tSUMiQh9oNA

Presentation of Financial Statements w.e.f. 01st April 2021 (After incorporating Schedule III of Companies Act 2013 amendments )
https://www.youtube.com/watch?v=kExSlqi14os

Audit Trail, Reporting in Auditors Report, Schedule III amendments https://www.youtube.com/watch?v=mxUhhUs0ILo

Limited Liability Partnership(LLP)-is suitable form of business ? Let’s analyze
https://youtu.be/_06iCBKsDc8

One Person Company-is suitable form of business ? let’s analyze (एक व्यक्ति कंपनी)

https://youtu.be/lNxclckEyJo

🎯 Income Tax

Reduce Capital Gains Tax Liability for the Year II कैपिटल गेन टैक्स प्लानिंग II
https://youtu.be/1kuDvQ4wJSM

Deductions on Interest income https://youtu.be/pP_ZI7ztIlM

Tax benefits on job creation(Employ more-save more) (Deduction u/s 80JJAA)
https://youtu.be/sfvj8x9J1zc

Deductions for House Rent u/s 80GG of Income Tax Act 1962
https://youtu.be/Dj-5I2gkljI

Political Funding https://www.youtube.com/watch?v=iklwX0k_XY0&t=312s

Tax Planning series 6: Deductions in respect of Donations u/s 80G of Income Tax Act 1961
https://youtu.be/G9NQPFEiEmA

Trusts & NGOs: Changes in Tax provisions for FY 2021-22 or subsequent years
https://youtu.be/4rOzcjMceE0

One Person Company-Is it tax beneficial?
https://youtu.be/lNxclckEyJo

Tax Planning Series 5: Deductions on certain interest expenses (Section 80E, 80EE/80EEA, 80EEB)
https://youtu.be/pP_ZI7ztIlM

Tax Planning series 4: Tax benefits on Medical Deductions (u/s 80D, 80DD, 80DDB, 80U)
https://youtu.be/YwvNjWXHMh0

Tax Planning Series 3: Deductions more than 2 lakhs u/s 80CCD (NPS, APY)
https://youtu.be/mS2qJLubeOk

Tax Planning Series 2: Deductions u/s 80C(Max. 1.5 Lakh)
https://youtu.be/vbVOVDR-Uew

Tax Planning Series 1: Deductions under Chapter VI A
https://youtu.be/g63SVwE4zfY

====================
🎯 GST

Do this before filing GSTR-1(Q) return for Jan 21 to March 21 under QRMP Scheme
https://youtu.be/I50h2PdvxHw

CBIC notification dated 30th March 2021-B2C QR Code compliance exemption extended till 30th June 2021.
https://youtu.be/qmKBVnDuS7A

Mandatory e- invoicing for B 2B transactions for Taxpayers having turnover over Rs. 50 Cr. From April 1, 2021.
Notification dated 08th March 2021

https://youtu.be/WZgf0GklJ70

🎯 Financial awareness

Partition of Property II संपत्ति का बंटवारा (कानूनी प्रावधान) II
https://youtu.be/IaQ03qcRWDg

ELSS is best option to create wealth https://youtu.be/RgOFI0tJs6c

How to improve CIBIL score to get loans quickly https://youtu.be/SpiU_N9CYhQ

How many years your money will be double, triple & four times https://youtu.be/samgAJoMlN8

🎯 Compliance list under Income Tax, GST & Corporate Laws for the month of April 2021
https://youtu.be/LkSA75PsCQ4

Please also suggest for improvement.

Regards,
Bipul Kumar🙏🙏🙏