Once an entity completes the registration process for starting a new business, it is required to adhere to rules, regulations and fulfill numerous compliance requirements. One such provision after company registration is to get the company’s address registered with the Registrar of Companies (ROC). However, a condition may incur, wherein there is a need to […]
The manufacturing sector has played a pivotal role in the growth of the Indian economy. Considering the contribution of manufacturers, Prime Minister, Mr. Narendra Modi, launched a new program called “Make in India” on 25th September 2014. The purpose is to foster innovation, facilitate investments, enhance skills, and guard intellectual property to build the best […]
Limited Liability Partnership (LLP) is the combination of Partnership and Company. It contains the features of both. Nowadays, LLP has become the choice of businessmen due to its advantages over the registration of the private limited Company. As per Section 1(n) of the LLP Act, 2008 Limited Liability Partnership means a partnership formed and registered […]
The foundation of a company stands on two pillars, Directors and Shareholders. The role of a Shareholder is to determine and set some company’s goals that need to be accomplished by a Board of Directors. Shareholders take all the major decisions from approving the financial statements to winding up the company. Besides, it does not […]
Significant relief for payment aggregators, Reserve Bank of India said that applicants of payment aggregators need to have INR 15 Crore of net worth and which is to be increased to INR 25 Crore within three years of Operation. Payment Aggregators are the service providers through which e-commerce merchant process payments. They are also known […]
Coronavirus pandemic has turned out to be the most dreadful infectious disease. The numbers of COVID-19 cases are increasing at a rapid pace, with over 1,123,024 infected globally and 2,902 cases in India. It is not only a threat to the human race but also an alarming menace to the economy. The virus that initially […]
A business structure needs to be flexible with lesser compliances to cope with the dynamic nature of the corporate world. One such legal entity that provides both the flexibility of Partnership Firm and perks of Limited Liability is LLP. Though Limited Liability Partnership is a relatively new concept than Private Company, yet several business enthusiasts […]
Have you ever heard about Full Fledged Money Changer? If you have heard about Full Fledged Money Changer, have you ever tried to understand who regulates it? Still, puzzled? Are you fascinated about how does foreign exchange work in India, or if you are keen to start your firm which will deal with activities of […]
Over the years, technology has evolved at a fast-pace. Though the development in technology has streamlined our daily operation, perhaps it becomes a pathway for the hackers to commit their malicious acts and attack online businesses. With the growing rate of cyber crime and fraud cases in India, it is indispensable to be more vigilant […]
Non-Banking Financial Sector has attained a sky-rocketing success over recent years. It holds paramount value in regulating the growth of the financial system. These financial institutions have been a primary contributor to the core development of transportation, infrastructure and generated several employment opportunities. NBFCs largely cater to the financial needs of the economically weaker sections. […]