Hello All.
What needs to be done when the proposed name applied has already been reserved but due to some issues like (Category/Spelling mistakes etc.), the applicant wants to reapply with the same name?
Dear All,
What is the functionality of Extend the name in Spice + Part A?
Hello All
Want to know that if all the Resident shareholders transfer holdings to one foreign entity and in attachment of form FCTRS in pre-post shareholding if we shows two nominee shareholder of foreign body corporate also show the nominee shareholder in share purchase agreement and we have filed form FCTRS,
Hello All,
Is there is any relaxation in stamp duty payment on transfer of shares of Section 8 Company?
duty stamp relaxation
Hello All,
Is there a blanket ban on communication/ procurement of UPSI? Are there any exemptions?
upsi procurement communication blanket
Dear All,
Is it mandatory that the name of section 8 Company shall include the words like – Foundation, forum, association, federation, chamber, confederation, Council, electoral trust etc.?
Hello All,
Suppose, a person is holding 24% of paid up equity capital of an NBFC and
acquires additional 2% of paid up equity capital. Does the transfer require a prior approval of the RBI?
Dear All,
If a transaction is done with the sole or primary intent of benefiting a related party, and such, related party has deliberately concealed the transaction, is it not a case of a fraudulent transaction?
transaction fraudulent case 
As per the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014, the term "employee" includes a permanent employee of the company who has been working in India or outside India, for at least one year. The regulations also include "director" within the definition of employee, subject to the following conditions:
The director should be a whole-time director or a non-executive director.
The director should not be a promoter or a person belonging to the promoter group of the company.
Therefore, if a Managing Director (MD) or Executive Director (ED) of a company is not a promoter or a person belonging to the promoter group of the company, and satisfies the other conditions mentioned in the definition of "employee", then they can be considered as an employee for the purpose of ESOPs.
However, if the MD or ED is a promoter or belongs to the promoter group of the company, they would not be considered as an employee for the purpose of ESOPs.