Corporate Professionals Blog

Case Detail:                Zoom Lens of SAT order in the matter of Rakesh Ramniklal Sheth Target Company:       Genus Commutrade Limited Acquirers:                   Rakesh Ramniklal Sheth Industry:                     Finance and Investments Merchant Banker:      NA CASE ABSTRACT: Target Company: Genus Commutrade Limited (GCL) was incorporated in May 1995 as Ganapati Hi-Tech  by Hitesh R Bhatt, Bharat P Bhatt and Ramanbhai M Patel. On December 3,

  Corporate Professionals wishes  all its subscribers a wonderful  "World IP Day" 

In line with the announcement made in the Union Budget for the year 2012-13 to address the financial crunch faced by Indian aviation industry, RBI vide A. P. (DIR Series) Circular No. 113 dated 24th April, 2012 has allowed companies in civil aviation sector to avail ECBs on or before 23rd April 2013 for working capital/refinancing of outstanding working capital rupee loan(s) under approval route subject to following conditions: Airline Companies are registered under Companies Act, 1956 and has obtained license from DGCA for passenger transportation. ECB will be based on the cash flow, foreign exchange earnings and their capability to service the debt. Overall ceiling for the entire aviation sector would be USD One Billion and the maximum permissible ECB that can be availed by an individual airline company will be USD 300 Million.

Corporate Professionals adds new tools of “Innovative FREE Business Valuation Calculator” and “Articles and Research Hub” on its Online Portal “ www.corporatevaluations.in ” Get Online Biz Valuation (FREE)  

Finally after delay of a week or so,  DIPP has unveiled much awaited policy on Foreign Direct Investment on 10.04.2012. This policy supersedes all earlier policies, circular, press notes issued on FDI by DIPP. Until now, the FDI policy was issued after every six months but from now onwards it will be issued after every year. Barring few changes, this policy is more of a compilation of circulars issued by Reserve Bank of India in last few months. The speculation on defining joint venture or liberalizing norms for aviations sector, liberalizing outsourcing requirement in case of single brand retail has remained a speculation itself, with none of the issues finding its ways into the policy document. The key features of new FDI policy are as follows:

Mr. Chander Sawhney Vice President +9810557353 chandeer@indiacp.com CorporateValuations.in is a venture promoted by Corporate Professionals Capital Private Limited , the Merchant Banking arm of  Corporate Professionals, a fast mounting Consultancy Group in India. At Corporate Valuation, we provide a sophisticated business valuation service to aid clients in determining the value of their enterprise or one in which they plan to purchase. This formal process analyzes a company by utilizing different valuation methods (eventually using one, or a combination of several) to arrive at a fair market value. A valuation not only assists business owners in determining the value of their business, it also help them maximize value when considering a sale, merger, acquisition, joint venture or strategic partnership.

Holding Company Mr. Chander Sawhney Vice President +9810557353 chander@indiacp.com When a company is holding a large chunk of investments in other companies and it's not having any material business operations of its own, it is called a "Holding Company". A holding company typically does not have its own business operations other than the retention and management of assets in anticipation of future sale or trade or may be as a part of its corporate structure. The holding company thus derives its income primarily through the return on assets held for investment purpose. To be particular, income of holding company is only the dividends received by it from the investments made in other companies. Valuation of Holding Companies There are two ways to look at value of a holding company: