OPC, or One Person Company, was introduced in India through the Companies Act of 2013, a new concept which brought great relief to many entrepreneurs. As per Section 2(62) of...
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India is among the biggest exporters of textiles and apparel worldwide, making it the most profitable business to invest into. It is the world's biggest exporter of cotton and jute,...
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Section 406 of the companies Act 2013 specifies what a Nidhi company is. It is a type of NBFC that is created for the purposes of borrowing and lending between...
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Nidhi Company is a type of NBFC with the purpose of fostering the habit of savings and thrift amongst its members. These companies accept deposits from their members and lend...
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Intending to protect the interests of the public, the Ministry of Corporate Affairs has amended rules governing Nidhi companies, whereby it is mandatory for the promoters to meet the Fit...
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In recent years the growth of startups in the Fintech sector has been increased, and the future of Fintech Startup in India looks to bring in India. Other aspects such...
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Uttar Pradesh has traditional fertile land, and its economy is mainly driven by the agriculture sector. The significant industries in the state embrace IT (Information Technology), tourism, mineral-based industries, biotechnology,...
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The Finance company provides loans or credits to the commercial customers and individuals for various reasons depending upon their needs. The commercial customers may include small businesses, retail stores or...
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The Ministry of Corporate Affairs (MCA), by way of the powers provided under section 469 (1) and (2) of the Companies Act 2013, has passed a notification on 05.03.2021 to...
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Oil is used extensively in day to day life of the people due to which there is an increasing demand for different types of oils. Presently, the business of extracting...
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