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GPCB ( GUJRAT POLLUTION CONTROL BOARD ) NOCs

  Gujrat pollution control board was established on 15 october 1974 as per the provisions of Water (prevention and control of pollution) act, 1974 . its mission is to make Gujrat pollution free ,it is none other than GPCB aiming to make Gujrat an epitome of sustainable development . its head office in state capital Gandhi Nagar it has 22 regional offices . It regulates industries , municipality ,health care unit , and CEPTS( common effluent  treatment plant) WHO REQUIRES CONSENT Traders Manufacturer entities Solid waste management entities Health care establishment E- waste management entities Battery waste management entities Bio medical  waste management entities Plastic waste management entities BENEFITS OF GPCB It help in preventing and protecting the natural resources It helps in preventing  the air and water pollution It helps in measuring the quality of air It helps in effective  waste management system Gpcb issues various guidelines which eventually help...

Alternative Investment Fund Regulations,2012 4th Amendment

  The Securities and Exchange Board of India (SEBI) recently issued the fourth amendment to the SEBI (Alternative Investment Funds) Regulations, 2012 (AIF Regulations), in order to bring the alternative investment funds (AIF) regulatory space closer to global standards. The amendment was accompanied by guidelines on the operational aspects of AIFs, which were prescribed in a circular issued two days later. These developments were a result of proposals approved during a SEBI Board Meeting held on September 30, 2022. A] RING FENCING OF ASSETS The Indian Trusts Act of 1882 allows for the creation of private trusts known as Alternative Investment Funds (AIFs ). These trusts are managed by a common investment manager for all schemes within the trust. Each scheme operates based on the strategy outlined in its private placement memorandum (PPM) and scheme-specific agreements with investors. In order to maintain segregation between the schemes, the Securities and Exchange Board of India (S...

How to Start a Factoring Business in India?

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  Factoring is a financial service that provides businesses with immediate cash by selling their accounts receivables to a third party (factor). This helps companies maintain liquidity and manage cash flow efficiently. In India, factoring is governed by strict regulations, and starting a factoring business requires adherence to legal frameworks and financial standards. This guide outlines the key steps to establish a factoring business in India. 1. Understanding the Factoring Business Factoring involves purchasing unpaid invoices from businesses at a discount and collecting payments from their customers. It provides businesses with working capital while reducing the burden of chasing receivables. Types of Factoring Recourse Factoring – The seller remains liable for unpaid invoices. Non-Recourse Factoring – The factor assumes the credit risk. Domestic Factoring – Invoices of businesses within India. Export Factoring – Involves international trade transactions. 2. Regulatory Fram...