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The Ministry of MSME has decided to implement the ZED Certification Scheme with the help of Quality Council of India (as NMIU) & other stakeholders for 22,222 MSMEs unit with a total budget of Rs. 491 Crores (including Government of India contribution of Rs. 365 Crores) during the 12th Five…
Introduction The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGS) was launched by Ministry of Micro, Small and Medium Enterprises, Government of India, and the Small Industries Development Bank of India (SIDBI). This scheme is launched to make available collateral-free credit to the micro and small enterprise sector.…
A unique symbol or word(s) used to signify a business or its products is known as Trademark. Once registered, that same symbol or series of words cannot be used by any other organization, continually, as long as it remains in use and proper paperwork and fees are paid. Consider of…
The articles of association of a company are its by-laws or rules and regulations which govern the management of its internal affairs and the conduct of its business. They are framed with the object of carrying out the aims and objects as set out in the Memorandum of Association. Further,…
A startup is a new business setup that is small in nature and initiated by a single or a group of individuals. It makes the startup different from other businesses. A startup presents a new product or service that is not available at some other place. The base of a…
Today’s time is undoubtedly everything about to what extend one can quickly get what they want. All thanks to E-commerce, which is booming today in the online shopping portals. Those are Flipkart, Amazon, and many more, which have transformed the shopping involvement for the interested and remote consumers. Fashion! Food!…
Organic foods and supplements are grown naturally using manure, sunlight and without the synthetic application of fertilizers and chemicals. In recent times, organic farming has gained momentum and people have started to prefer organic products. Farmers are also slowly adapting to the change and are using chemical-free stuff for the…
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 of Conversion of Debentures into Shares and the Procedure for the same. Concept…
Under Companies Act, 2013, Company can raise funds via preferential allotment, employee stock option plan, sweat equity shares and right issue. Issue of Shares through preferential basis is the fastest way for a Company to raise capital. Section 62 (Allotment of Shares) and Section 42 (Allotment of Securities) of Companies Act, 2013,…
Shareholders are the real owners of the company, and they appoint Directors to manage the affairs of the company. Shares of the company held by shareholders are movable property and freely transferable to the other person or entity. As the number of shares decides the percentage of ownership by the…
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