A nominee, as defined in the FATF is a natural or legal person holding a role in a company as an agent acting upon instructions of a nominator who has a more substantive claim to control and/or ownership of the company. In many cases, the nominator is the beneficial…
A crypto currency exchange is a trading platform where users may buy, sell, and swap a variety of crypto assets. The best revenue-generating business concept in the digital world is a crypto currency exchange. A crypto exchange is a platform for buying and selling crypto
Enforcement of foreign judgements in India The growth of international commerce has necessitated the creation of efficient methods of resolution of disputes. In some situations, securing an award or a final judgment from the courts may only be a battle half won. Judgment from foreign countries may
Privately run platforms known as cryptocurrency exchanges make it possible to swap one cryptocurrency for another, as well as for digital, fiat, and NFT currencies. A cryptocurrency exchange is an online marketplace where the user may buy and sell digital
Cryptocurrencies are a form of digital currency based on blockchain technology, widely considered secure, decentralized and providing anonymity to its users, while using cryptography to secure the transaction records. It uses the technique of cryptography to
The concept that directors have a fiduciary duty to the company has been firmly ingrained in the corporate world’s fundamental being, both in spirit and in law. The directors of a corporation are responsible for overseeing or managing the company’s operations. Subject to…
The Inter-Ministerial (“IM”) Task Force, in the upcoming months, is anticipated to present draft rules that take deposit limitations into account. The IM Panel was constituted in May 2022, to contemplate central regulations for the online gaming industry. The Panel's discussion has not been made public. However, according to the recent rumours, it is likely to establish guidelines limiting how much cash each participant may spend while participating in the game.
A cryptocurrency is a digital money that is produced via the use of encryption techniques. Because of the use of encryption technology, cryptocurrencies may act as both a money and a virtual accounting system. To utilise cryptocurrencies,
Before understanding if moonlighting is ethical or unethical one needs to understand what moonlighting is, it refers to the practice of working a second job outside normal business hours. Therefore, an employee may work a normal 9-to-5 job as a primary source of income but work nights at a different job in order to earn extra money. Employees who work for private businesses may be subject to any policies the company has in place regarding moonlighting. Working for one organization while taking on additional tasks, generally without the employer's knowledge, is referred to as moonlighting. Moonlighting is part-time work done at night or on weekends. When Americans began seeking for a second job in addition to their 9-to-5 occupations to augment their income, the term "moonlighting" became widespread.
The term resident director refers to a director who has stayed in India for a total period of not less than 182 days in the previous year. The resident director needs a local address in India. Section 149(3) of the Companies Act, 2013 deals with resident directors in India…