Beware of ESOPS While ESOPs can hold tremendous potential for financial gain, it’s essential to weigh the pros and cons before accepting Esop’s as employee. Here’s why: Most of startups offer esops as compensation against lower immediate cash salary payout. But out of 1,000 startups, only 10 successfully reach an exit event. 🚀 If the startup…

Definition – “Head Office”  of a company would be  the place where the  company’s senior management and their direct support staff are located or, if they are located at more  than  one  location,  the  place  where  they  are  primarily  or  predominantly located. A company’s head office is not  necessarily the same as the place where…

DETERMINATION OF POEM Board Meetings: The location where a company’s  Board regularly meets and makes decisions may be the company’s Place of Effective Management (POEM)provided, the Board- (i)  retains and exercises its authority to govern the company; and (ii) does,  in  substance,  make  the  key  management  and commercial decisions  necessary  for  the  conduct  of  the …