MISUSE OF CORPORATE STRUCTURE – PREVENTION & REMEDIES - a Book by ICSI

Overview

ICSI recently launched a book titled 'MISUSE OF CORPORATE STRUCTURE – PREVENTION & REMEDIES'. The preamble of the book cites one of the most popular shloka of the Bhagvad Gita. Citing these words, one need not mention the source even; rather the source gains a lot much of its popularity because of the significance and relevance of these words in the modern day scenario especially corporate one. 

While the shloka definitely has a religious angle to it, the context and its relevance as on date can be put forth as follows:

Stability and long term sustainability of the system happens because there are regenerative points. When the system attains disequilibrium and shows signs of being unstable and going out of control measures have to be taken to restore the equilibrium in the system. Since times immemorial, the fundamental features of business have been to provide profits for investors, employment to unemployed, growth to the economy and a much needed raise to the standard of living for its customers.

The book has been prepared compiling the recent regulatory actions taken against corporate misfeasance with an intent to deliberate upon the finer nuances of this issue, the entailing consequences, the remedies, the global scenario and the ultimate takeaway of avoiding this route in whatsoever circumstances.

Content of the Book
The Book is broadly divided into following chapters

  1. POSSIBILITIES OF MISUSE OF CORPORATE STRUCTURE 
  2. RECENT REGULATORY ACTIONS 
  3. CONSEQUENCES OF MISUSE OF CORPORATE 
  4. STRUCTURE AND REMEDIES 
  5. MEDIA REPORTS 
  6. GLOBAL SCENARIO 
  7. FREQUENTLY ASKED QUESTIONS (FAQs)
The book has made an attempt to define many important points like Shell Companies, Multi Layer Partnership firm etc and have provided most common forms of misuse of Corporate Structure, with recent regulatory action, consequences and FAQs about Black Money, unexplained investment, money laundering etc.
 
 
Availability of the Book
 Hard copy of the Book will be available with respective chapters and centers of ICSI, and is priced at Rs. 100/- per copy.

While, soft copy of the same is uploaded on the website of ICSI and is available at free of cost. To access the soft copy of the book click here


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