Many foreign investors and private equity funds putting money in Indian firms will soon realize that pulling out of the country can be a lot tougher than they imagined. For years, offshore financial and strategic investors have struck deals with their Indian partners to put in place an easy exit arrangement. It gave the abroad … Read more
Introduction about CS (Company Secretary) The Institute of Company Secretaries of India (ICSI) is constituted under the Company Secretaries Act, 1980, to develop and regulate the profession of Company Secretaries in India. The origin of this profession can be traced back to 1960, when the Company Law Board started a course in Company Secretaryship leading … Read more
Credit control has never been more important. One inevitable consequence of the downturn is an increasing number of companies addressing their own cashflow difficulties by delaying payment to their suppliers. Thus, the company that used to pay 30 days after receiving an invoice may now hold off on payment for 45 or even 60 days. … Read more