Credit Rating

Credit rating is the evaluation ofthe credit worthiness of an individual or of a business concern or of aninstrument of a business based son relevant factors indicating ability andwillingness to pay obligations as well as net worth.The main purpose of the creditrating is to communicate to the investors the relative ranking...

Scheme of revival and rehabilitation

Sec 261 of the Companies Act 2013 (1) The company administrator shall prepare or cause to beprepared a scheme ofrevival and rehabilitation of the sick company after consideringthe draft scheme filed along with the application under section 254. (2) A scheme prepared in relation to any sick company undersub-section (1) mayprovide for any one or more of the following measures, namely:—(a)...

Appointment of interim administrator

Sec 256 of the Companies Act 2013 (1) On the receipt of an application under section 254, theTribunal shall, not later than seven days from such receipt,—(a) fix a date for hearing not later than ninety days fromdate of its receipt;(b) appoint an interim administrator to convene a meetingof creditors of the company in accordance with the provisions of section 257 tobe held not later than...

Companies (Winding up) rules 2020

Companies (Winding-up)rules 2020Part I1. Short title commencement andapplication2. DefinitionsPart IIWinding-upby Tribunal3&4. Petition for winding up&statement of affairs ·        forthe purpose of sec272(1) the said company is to be filed a petition of windingup in Form WIN-1 or WIN-2 as the case may be, intriplicate. ·        Everypetition...

BINARY OPTIONS

·         Digital options·         Fixed return options·         All or nothing optionsFor few years binary options are traded at OTC (over the counter). In 2008 securities exchange commission (SEC) in US...