WebMar 13, 2024 · In the current scenario, convertible notes are one of the most common methods of funding for start-ups. If the start-up takes the external commercial borrowing (ECB) route then it would be burdened with too much compliance like ECB-2 return every month, filing of ECB Form with any changes in ECB loan, etc. WebELCB or Earth Leakage Circuit Breaker is a protection device that protects against earth leakage. Initially, the earth leakage circuit breaker were voltage detection devices, now they are switched to current sensing devices. The current ELCB is renamed as RCCB or RCD while the voltage ELCBs are still known as ELCB but they are obsolete.
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Highlighting the aspect of external commercial borrowings
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