Slump Sale means the transfer of one or more undertakings against a lump sum consideration without values being allocated to the individual assets and liabilities.  The consideration for a slump sale should be settled in lump sum only which can be in cash, exchange of shares, debentures, bonds etc. The scope of slump sale is wide, and it covers situations like exchange, barter etc. 1. Rele......

Corporate governance constitutes the comprehensive set of principles, regulations, and procedures guiding the direction and oversight of a company. It revolves around harmonizing the concerns of diverse stakeholders, including shareholders, senior executives, customers, suppliers, financiers, government, and the community. This framework underpins the achievement of a company's goals, touching upo......

Financial crimes, such as fraud and money laundering, are a major problem that can have a significant impact on the global economy. In recent years, there has been a growing interest in using blockchain technology to combat financial crimes.  Blockchain is a distributed ledger technology that can be used to record transactions in a secure and transparent way. This makes it ideal for tracking......

The National Securities Depository Limited (NSDL) is a crucial financial institution established to revolutionize the way securities are held and transferred. Instead of traditional tangible certificates, the NSDL operates in the digital era, providing a secure and efficient system for managing financial assets such as bonds and shares.  Imagine NSDL as a highly advanced bank account system ......

Corporate Restructuring is a comprehensive process wherein a business enterprise undertakes the redesigning of one or more aspects of the company, with the aim of consolidating its operations and bolstering its position to achieve both short-term and long-term corporate objectives. While businesses may naturally grow over time as the value of their products and services becomes evident, this growt......

Corporate Social Responsibility  What is CSR?  Corporate social responsibility (CSR) is a broad concept that varies across companies and industries. To be socially responsible, a company should prioritize accountability to itself and its shareholders. Many companies that have implemented CSR programs have experienced significant growth, enabling them to contribute back to society. Whil......

In recent years, the role of company secretaries has expanded beyond their traditional responsibilities and taken on new dimensions. One such dimension is the opportunity to become insolvency professionals and contribute to the field of corporate restructuring and insolvency. This development has provided company secretaries with a unique chance to diversify their skills and play a vital role in r......

  Buy back of its own shares by a company is nothing but reduction of share capital. A buyback of shares, also known as a share repurchase, refers to a company's decision to repurchase its own shares from existing shareholders. This process involves a company using its available cash or borrowing funds to buy back shares on the open market or directly from shareholders at a specified price. ......

Related Party Transactions Related party transactions refer to transactions that occur between two parties who have a pre-existing relationship or connection. These parties could include individuals, companies, or entities that are somehow linked, such as through common ownership, control, or influence.  These transactions can take various forms, such as the sale or purchase of goods, provi......

What is Social Stock Exchange? The SSE would function as a separate segment within the existing stock exchange and help social enterprises to raise funds from public. It would serve as a medium for enterprises to seek fund for their initiatives. The concept of SSE gained momentum during the pandemic, highlighting the need for social capital for enterprises and voluntary organisations that are wor......