Your CA Guide📚📖

  The constant dilemma new investors face is what is the best time to invest?  The simple answer to this is that there is no defined time to start investing. The best time is when you make the decision to start investing. Warren Buffet says, “Investing is about time in the market and not timing the market.” It is very important to keep investing regularly throughout your life to accumulate wealth in the long-run. Many investors feel that investing at market highs like the current one could reduce their returns significantly but this is completely wrong because if you invest regularly then you would have investments purchased when the market is at peak and also when then market is at its low. Thus you will average our your investments and this in turn will help you to maximize the wealth. “The individual investor should act consistently as an investor and not as a speculator “ Benjamin Graham. Now the answer to another question on how shall we invest our money? The answer to th...

In this case, We have a Private Limited Company with an Authorized and Paid-up Share Capital of Rs 1,00,000/- and a Borrowings of Rs 16,00,000/- We have to now decide on the alternatives which we have for the Closure. Option 1: Closure of Company. In Order to Close the company we will have to settle the Borrowings of Rs 16,00,000/- and hence we will have to show it as capital. The Company is having an Authorized Capital of Rs 1,00,000/- and hence we will have to follow the following steps: Step 1: Increase Authorized Capital to Rs. 17,00,000/-  1)  Read the Articles of Association and verify that the company is allowed to increase its authorized capital. In case the company is not allowed then we will have to alter the articles of association. To alter the AOA we will do the following:      a) Convey a Board Meeting – 7 days notice and pass a special resolution      b) Call an EOGM and a notice of 21 days shall be given to members ...

Hey Everyone,  So this blog will be divided into three parts:  Part 1: All about the Company  Part 2: Important Dates of IPO  Part 3: My opinion on whether to apply or not and approx listing gain.  Lets start our first part:  Devyani International Limited IPO Overview of the company  The Company was incorporated in 1991 as Universal Ice Creams Pvt Ltd, then in 2000 it was renamed as Devyani International Pvt Ltd and was converted to a public limited company in 2005.  Currently the company is the largest franchisee of Yum Brands on Non-exclusive basis.  Yum Brands is an American Fast food corporation which operates multiple global fast food brands namely KFC, Pizza Hut and Taco Bell  As of December 2020, Yum Brands has its presence in more than 150 countries with almost 50,000 locations  In 1997 Devyani started its association with Yum Brands and it opened its first Pizza Hut Store in Jaipur. Since then, the company has expanded to c...