Dear All,
We have allotted shares to NRI investors and we need to refund the excess amount received from NRI.
For this shall we take prior approval from RBI to refund the amount to NRI Investor ?
Please advise me on this.
Hi CC Members,
According to you what are the best instruments for startup funding?
instrument
funding
startup
Investments typically involve a combination of debt, equity and mezzanine instruments. Our investment strategies focus on the following:
1. Stressed Assets: With positive and stable business outlook and competent management. However, such businesses could be under financial stress for various external / transient reasons. In such cases, we partner with existing promoters by offering required financial support.
2. IBC Opportunities: With positive and stable business outlook and where a change or augmentation of management is necessary to improve performance for regulatory reasons. In such cases, we partner with strategic or operating partner to acquire and restructure the business.
3. Special Situations: In certain special situation opportunities which may arise due to lack of liquidity or otherwise regulatory restrictions for banks and non-banking financial companies. These will include situations like investor take-out financing, group restructuring and promoter financing.
4. Asset Acquisitions: In limited ongoing business operations but with valuable assets which can be sold to generate returns. In such cases we look at pure asset plays, where we invest in entities with assets such as real estate, hotels or other commercial assets. Returns are generated predominantly by sale of underlying assets to one or multiple parties over a period of time.
The Fund is focused on opportunities in special situations like investor take-out financing, group restructuring and promoter financing, credit and distressed assets under Insolvency and Bankruptcy Code (IBC), pre-IBC opportunities, and assets under liquidation.
Dear CC Members,
I wish to know from you which instrument is most viable for a startup?
a) Equity Shares
b) Convertible Notes
c) CCPS
d) Any other
instrument
funding
startup
Hello All,
If section 8 company accepts foreign funding then what compliance needs to follow please guide....
We need to do FCRA registration and file annual return fc-4 every year as per FCRA, 2010
Apart from that what needs to comply please guide me..
Anything as per fema Act?
Dear All
Please share your answers on the captioned subject.
Hello,
I have made payment in MCA but the balance deduction was made after 10 minutes hence I cancelled the SRN. Now what shall I do?
Should I pay and file again
Hello,
I have made payment in MCA but the balance deduction was made after 10 minutes hence I cancelled the SRN. Now what shall I do?
Should I pay and file again
Dear members,
I have applied for the name approval in RUN but the name was rejected without giving an opportunity of re-submission. kindly let me know is there any way to get the fees refund,i have raised the ticket several time but there is no response from the MCA team.kindly guide.
Thanks
refund
Looking for some practical views on captioned subject. The matter is as follow:
A buyback can be financed through cash credit account? where, the said CC is always running with debit balance.
Thanks in advance,
Kindly advise on said issue.
Refund Application to be filled for IGST Payment made in case of Export of Service with Payment of Tax.
Claim amount is different from invoice amount because while making payment certain ITC has been utilised.
Say IGST on Export of service is 50000
However actually paid is 35000 i.e (ITC of 15k availed from domestic purchase)
How to represent same in GST Refund Application..?
Since in sttament 2 it is taking as 50 k instead of 35k
query
application
refund
Mr. A who was carrying on business in proprietary firm M/s A & CO expired in June 2015. His son Mr. B carried on the business in the same proprietary name and was allotted another TIN. The assessments of the proprietary firm up to June 2015 and the balance period were finalized separately. The assessment dues of the firm up to June 2015 were wrongly paid under the TIN of the new firm. Subsequently, the dues were again paid in the correct TIN to settle the dues.
However, the commercial Officer is refusing to refund the amount wrongly paid under the new TIN under the pretext that the firm is already assessed to tax and the same cannot be reopened. is there a way out.
