4R’s form the basis for enforcement of any law; Companies Act, 2013, is no exception. Registration, the first R give the registrant a right which is denied to others. Company law too requires registration for giving registrants the benefit of limited liability by giving them a certificate of incorporation along with a unique Company [...]
An ideal gift is one that does not cost the donor even though it benefits the receiver. The next best is the gift that which costs the donor a fraction of the benefit the receiver gets. Will the Union Budget 2016 have the heart and pocket to accommodate both the gifts for the start-up? [...]
(The below is reproduced from Outlook Business, issue of Sept 26, 2015.) http://www.outlookbusiness.com/hardbound/a-corporate-evolution-1961 A Corporate Evolution Shriram Subramanian of InGovern Research reviews Corporate Disclosures It is not often that one comes across a book where the author decides to follow his own book’s principles in setting up a company. Shankar Jaganathan, who set up [...]
Dodd’s book offers significant insights by looking at routine economic events and policy responses through a non-economic lens, says Shankar Jagannathan Like cricket in india, money is the subject of discussion in both professional and amateur groups across the world. These discussions often get heated and their circles expand in the context of prominent [...]
‘Two is company’, a popular saying is no longer appropriate, after the enactment of the Companies Act, 2013, at least in the business world. With the introduction of One Person Companies (OPCs) any one individual can, on their own, form a company. In a short period of one year, 1400 OPCs have been incorporated [...]
Budget 2015: Is there enough to turn vision into reality? By Shankar Jaganathan While smokeless cigarettes, de-caffeinated coffee and non-alcoholic beer may have takers, the question remains whether Union Budgets without taxes would generate the same excitement that it does today. Hearing the shrill debates on TV channels, it is very clear that [...]
Need for Compliance Sitting in the backseat of a cab my friend and I looked on shocked as our driver ran through a series of red lights. As my friend asked him to stop at the next red light, the driver wisely remarked, ‘At 11 in the night, stopping at red light is [...]
Business come in varying sizes. Visualizing this range is helpful in appreciating what is a good business. As visualizations go the colourful world of birds is a good place to start; for birds like business have more in common than their first letter-B. The size of birds range from bee hummingbird weighing 1.6 [...]
What do great batsmen like Sachin Tendulkar, Brain Lara and Ricky Pointing have in common with successful football teams like Bayer Munich, Real Madrid and Manchester United? Think again, what is common between successful businesses and these sporting greats? All of them combine attractive attacking play with a dogged defence. To achieve sustained [...]
