Praveen Agrawal And Associates

Venturing Abroad Expanding beyond India’s borders is a critical step in a business’s growth strategy. When setting up operations overseas, it is essential to comply with both the legal requirements of the target country and the relevant Indian laws. Overseas Direct Investment (ODI) Provisions Indian companies can invest abroad through ODI by either contributing capital…

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), is pivotal legislation that authorizes banks and financial institutions to reclaim dues from delinquent borrowers. Key provisions, specifically Sections 13(2) and 13(4), delineate the procedures for enforcing security interests. This guide will delve into these sections, elucidating their ramifications…

Introduction to Startup Registration in India Startup registration in India has been gaining traction due to various government initiatives supporting innovation and entrepreneurship. India has become the third-largest startup ecosystem globally. The registration process allows founders to obtain official recognition from entities like DPIIT, based on specific criteria such as less than 10 years of…

Yes, the Public Provident Fund (PPF) can indeed offer pension income during retirement, provided the account holds a substantial balance. Accumulating such a corpus requires patience, leveraging the compounding effect over time. Understanding PPF as a Retirement Tool Often, discussions around PPF focus on its compounding benefits during the accumulation phase. However, under current regulations,…

What Is a Liaison Office? A Liaison Office, as defined by the Foreign Exchange Management Act (FEMA), serves as a business outpost designed to facilitate communication between the principal office (or head office) and entities in India. Crucially, it does not engage in any commercial, trading, or industrial activities, either directly or indirectly. It operates…