Budget 2018: Good, Bad or Ugly?
With the national polls emerging next year, Finance Minister Arun Jaitley has [...]
Compounding of offences –A simple way to avoid litigation
The Compounding of offences is a tool to bypass the lengthy litigation process for any offences committed under law of the land. For example if anybody has committed any....
Removal of Defects in Incorporation of Company
Where a company has been got incorporated by furnishing any false or incorrected information or representation or by suppressing any material fact or information in any of the documents....
How to revive a Struck-off company by NCLT route?
Any person aggrieved by an order of the Registrar, notifying a company as Struck off under section 248, may file an appeal to the NCLT within a period of three years from the date of the order.....
Essential Documents For Non-Banking Financial Company Registration
A non-banking financial company (NBFC) is a company which is registered under the Companies Act, 2013 or earlier Companies Act, 1956 involved in the business of loans and advances....
Benefits Of Nidhi Company Registration
Nidhi Companies in India is registered with the objective of cultivating the habit of Thrift and Saving amongst its members with Mutual Benefit thereof. By structure, all these companies....
Condonation Of Delay Scheme, 2018 For Removal Of Directors Disqualification
The much awaited relief to disqualified directors was given by government through Condonation of Delay Scheme, 2018 notified by the MCA on December 29, 2017......
Non-Compliant Companies!
At muds we believe in client satisfaction. We have a proven track record of delivering best services to our clients. Our professionals will guide you at every stage of the process....
Framework of Registration – Peer to Peer Lending Platform
No non-banking institution other than a company shall undertake the business of Peer to Peer Lending Platform. No NBFC-P2P shall commence or carry on the business.....
Prudential Norms and Operational Guidelines of NBFC – P2P
NBFC-P2P shall maintain a Leverage Ratio not exceeding 2.The aggregate exposure of a lender to all borrowers at any point of time, across all P2Ps, shall be subject to a cap of 10,00,000/-.
Scope of Activities of an NBFC – P2P
1. An NBFC-P2P shall - act as an intermediary providing an online marketplace or platform to the participants involved in Peer to Peer lending; not raise deposits as defined by .....
Fund Transfer Mechanism under NBFC – P2P
Fund transfer between the participants on the Peer to Peer Lending Platform shall be through escrow account mechanisms which will be operated by a trustee. At least two escrow accounts.....