Meaning of internal financial controls Section 134(5) of the Companies Act explains the meaning of internal financial controls as, “the policies and procedures adopted by the company for ensuring Orderly and efficient conduct of its business, including adherence to…
1. Bank Loans (Collateral Free) The GOI has made collateral-free credit available to all small and micro business sectors. This guarantees funds to micro and small sector enterprises. Under the scheme, both the old as well as the new…
The DPIIT, the Ministry of Commerce & Industry, Government of India has amended the current ‘Consolidated FDI Policy, 2017’ to curb opportunistic takeovers/acquisitions of Indian companies due to COVID-19 Pandemic. PN 3/2020 provides that subject to the Foreign Direct…