Latest Post and Updates

To flatten the cash flow for MSME, Reserve Bank of India decided to set up an operating system known as Trade Receivable Discounting System (TReDS).MSME faces many delays in receiving the payments for the goods and services supplied by them, but the same can resolve by adopting TReDS. Role of MSME…

LLP and Partnership Firm are business entities which are incorporated or brought into existence by two or more people who come together to form an entity. These people are called partners. Furthermore, the profits and loss of these firms are distributed between the partners of the firm as per the…

In India, new technological developments are making a high impact on the quantity and the quality of the products, but the fact is that the consumers are still the victim of fraudulent practices. Therefore, the Consumer Protection Act,2019 comes in to force from 20 July, with its salient features including the…

In this article, we will discuss about three types of organizations including three different aspects of forming an NGO i.e a Society, Trust and a Section 8 Company. These organisations are generally formed to promote social welfare, social development and other charitable purposes. However, you need to understand that all…

In order to reduce the compliance burden on the corporate sector, the Ministry of Corporate Affairs (MCA) has announced that the companies whose financial year has ended in December 2019, would be allowed to hold their first Annual General Meeting (AGMs) within the first nine months of their current fiscal or…

Once the name of the Company is registered then it cannot be removed from the Register unless it is dissolved by the process of law, either as a result of its winding up or upon its amalgamation with another Striking off Company. However, in case the Company is a Defunct Company,…

Employment Agreement is a formal signed agreement between an employer and an employee. It figures out the rights and obligations of both the parties which are involved. A contract of employment may be a reasonable contract employed in labor law to trait rights and duties between parties. The contract is…

The Companies Act, 2013 Act been developed with a view to enhance self regulation, improve corporate governance norms and raise the level of transparency with a significant objective to protect interest of shareholder or Investors. Therefore, Act brought landmark legislation which is known as Related Party Transaction to diminish its…

Auditors resigning from any company before their term ends is a very serious issue. In most cases, auditors are resigning invariably due to concerns over the integrity of the management.There has been significantly rise in the number of cases of untimely resignation of statutory auditors from listed companies. In recent…

A society is an aggregate of different types of people connected to each other with the rope of same cultural expectations and geographical territories. A society thrives on continuous development and better opportunities. For a society to function better, certain rules and regulations are formulated by the law. The main…