The term “Import of Food Products in India” denotes the criteria prescribed by FSSAI, under which an Importer can Import Food Items in India from any Foreign Country. Further, the ultimate authority regarding the Import of Food Products is with FSSAI (Food Safety and Standards Authority of India). That means any good that is not […]
The term “Conversion of LLP into Private Company” denotes the process under which the Designated Partners of a Limited Liability Partnership wants to expand their business operation by converting into a Private Limited Company. In this blog, we will discuss the procedure for the Conversion of LLP into Private Company. Concept of Limited Liability Partnership […]
The term “Foreign Contribution Regulation Amendment Bill 2020” denotes a bill which was presented by the Ministry of Home Affairs and was passed unanimously by the Rajya Sabha on 23.09.2020. Further, the said bill was introduced in the Lok Sabha on 20.09.2020 and was passed to the Rajya Sabha on 21.09.2020. Furthermore, this bill amends […]
The term “Convert a Private Company into Section 8 Company” denotes the procedure wherein a Limited Company decides to change its profit earning activities into charitable activities. Further, the term “Charitable Objective” denotes promoting Arts, Education, Charitable Purpose, Protection of Environment, Science, Sports, Research, Religion and Social Welfare, In this blog, we will discuss the […]
The term “Trademark Class 7” means a class of the “Trademark Classification” or “Trademark Classes” under the Trademark Act 1999. Further, this trademark class particularly deals with the items, such as Motor and Engines; Machines and Machine Tools; Machine Couplings; Agricultural Implements, etc. In this blog, we will discuss the topic of Trademark Class 7 […]
The term “Trademark Class 6” means a class of the Trademark Classification or Classes under the Trademark Act 1999. This class specifically deals with the “items and products” that are considered as following: Metals and their Alloys; Metal Building Materials; Transportable Buildings of Metal; Materials of Metal used for Railway Tracks; Non-electric Cables; Wires of […]
The term “Trademark Class 5” denotes a class of the Trademark Classification under the Trademark Act 1999. This class deals with the items and products that are considered as pharmaceutical, veterinary products, sanitary preparations, dietetic food, etc. In this blog, we will discuss the concept of Trademark Class 5 and the items termed as Pharmaceuticals. […]
The term Conversion of Debentures into Shares denotes a process under which a Debenture Holder decides to become a Shareholder of the company by converting his/ her Debentures into Shares. Further, after becoming a Shareholder in the company, the said person will get the Right to Vote. In this blog, we will discuss the concept […]
The term “Alteration of Articles of Association” denotes a process of modifying or altering the by-laws, rules, and regulations that govern or regulate the Internal Management of a company. Further, the AOA or Articles of Association creates a balance between the objectives and Mission of a company. In this blog, we will discuss the concept […]
The term “Form ITR 7” denotes an Income Tax Return that is filed by all the companies and entities which are claiming exemption under section 139(4A), 139(4B), 139(4C), and 139(4D) of the Income Tax Act 1961. In this blog, we will discuss the concept of “Form ITR 7”, together with the changes made and the […]