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Articles Posted by Team Knovalt

HomeArticles Posted by Team Knovalt
  • Sarfesi

 369 total views

 369 total views Introduction Banking and financial institutions are the backbones of finance sector of an economy. The well being of such institutions is extremely important for the capital to flow into the economy as their two-way functionalities i.e. accepting deposits and lending. These are the channels for capital flow. However, clogging of these channels endanger […]

  • MGT - 8 format
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    Team Knovalt
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 444 total views

 444 total views Introduction As per section 92 of the Companies Act, 2013, MGT-8 is a mini secretarial audit which is submitted as an attachment to the annual return of the companies in form MGT-7. It is mandatory to get this form certified by a company secretary in practice. MGT-8 form is required to certify the […]

  • NPA

 325 total views

 325 total views What is Non-Performing Asset or NPA? Non-Performing Assets or NPA, as the name suggests, assets which are not performing. Loans given by the banks are assets for the banks. If the borrower who has taken a loan from a bank does not repay the principal amount and interest within the agreed time, then […]

  • First Auditor Appointment

 427 total views

 427 total views As per chapter X of the Companies Act, 2013, which is dealing in Audit and Auditors, An auditor can be an individual who shall be a qualified Chartered Accountant as per CA Act, 1949 or a firm having its majority members as a qualified Chartered Accountant. An auditor is an individual who is […]

  • Intercorporate loans and guarantee

 314 total views

 314 total views Whenever a company gives any loan, guarantee or security in favour of any other company or a person it can be termed as inter-corporate loans and guarantee or investment in other company. Inter-corporate guarantee means security or assurance given by one company for debt taken by another company or a person(s). The loan […]

  • Income Tax Return

 236 total views

 236 total views Income Tax is a tax paid to the government for the development of our nation in respect of Infrastructure Developments; or any other medical facilities; necessities from the income earned by us. It is a kind of expense we pay to live in the civilized society. There is a prescribed limit of income on […]

  • Trademark

 274 total views

 274 total views In today’s competitive world, when protecting the identity of a business is very tough, it is very crucial to protect distinctive identity of your business and your rights. To distinguish a business from others, Trademark, Patents and Copyrights are used. However, using a trademark does not give you exclusive rights over it unless […]