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Showing posts from July, 2022

What Is Due Diligence Report

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  An acquisition, investment, business partnership, or loan is often preceded by a period of due diligence, which is a process in which a thorough investigation and analysis is conducted before a transaction, generally to determine the value of the subject, or whether there are any major issues involved in the transaction. This process is called due diligence and it is characterized by finding out what documents are needed for this process to be carried out. The process of due diligence involves: An assessment of an entity's commercial potential based on the analysis of various aspects The totality of the assets and liabilities of the entity is assessed at a comprehensive level to determine the entity's financial viability In regards to a deal that has been proposed, I would perform a thorough examination of the entity and verify the material facts associated with the entity Due Diligence transactions : Acquisitions and mergers: As well as the buyer, due diligence is performed ...

Gift Deed Of Property

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Transfer of Property Act, 1882, defines gifting as one of many ways of transferring property. If the property is immovable, it needs to be registered in India. Movable property is not subject to such conditions. Gift deeds in blood relation have different stamp duty. Learn the rules and laws applicable to property gift deeds before and after them. Those who claim not to love gifts are lying! Love and affection can be expressed in anything we give. Most things are governed by law, including gifts. You transfer ownership of something you give as a gift from yourself to the recipient. As per law, immovable properties have to be registered and certain documents need to be completed for that purpose. In India, a gift deed is a legal document that describes the express details of the gift of property. In the following, we explain the rules regarding gift deeds of property in India. We have also summed up the requirements for gift deeds in India.   Rules for property gift deed : Tran...

Process of Liquidation of a Company in India

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Liquidation : An economics and finance process called liquidation of a company ends a business. As a result of insolvency, the company distributes its property between its claimants, distributing its assets to them. Its general partners are subject to liquidation. An enterprise that is liquidated by realizing its assets and discharging its liabilities is called a liquidator. Liquidator : Generally, liquidators are appointed by court order, unsecured creditors, or shareholders of the company. His job is to liquidate assets (usually). Insolvent and bankrupt companies are appointed liquidators. All assets, properties, and persons of the organization are under his control. On behalf of the company, he can act in different capacities. As part of liquidation, the liquidator can sell any assets that have equal value in the open market.  If assets have been misplaced or sold below market value, a liquidator must find out whether they need to be recovered the transaction. Liquidation Pr...

Spice Board Registration In India

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  The mission is to develop and promote Indian Spices worldwide under the Ministry of Commerce and Industry, Government of India. Spice exporters can reach out to international importers through the Board. Additionally, the Spices Board drives the achievements of every segment in the Indian Spice industry by promoting excellence. Indian spices are promoted by the Spices Board, a government regulatory body. A merger of former Cardamom Board 1968 and Spices Export Promotion Council 1960 created this body in 1987. In accordance with the Spices Board Act, 1986, the Board supervises the development and promotion of cardamom and 52 other spices. A person or entity wishing to involve themselves in or begin a work that includes spices must obtain a certificate from the Board. Under section 11 of the Spice Board Act, 1986, the Board also issues certificates of registration as spice exporters. Registration with Spice Boards is important :  Anyone dealing with the export of spices needs ...