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Running a business or company isn’t any cakewalk. To run a business successfully, the right decisions have to be taken at the right time. As such, whether it be a small or well-established business, new decisions and choices have to be made now and then for the successful execution of…
One of the crucial features of the Private Limited Company or a Limited Company is the free transferability of ownership. The Transfer of shares is a voluntary act by the parties, and after transfer, the ownership of the shares is transferred from the transferor to the transferee, whereas the Transmission…
The concept of a Non-Profit Company is quite old in our country India. The Companies Act, 2013 provides for the Registration of Non-Profit Companies in India. Any person intending to form a Company with a non-profit object can register in India. Section 8 of Companies Act, 2013. read with the Companies…
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…
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