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Process of Closure of Nidhi Companies in India

According to Companies Act, 2013 a Nidhi company is registered as a non banking finance Sector Company to provide benefit to its members. The main purpose of Nidhi Company is to borrow and lend money between its members. A Nidhi registered company can also be called as a Mutual fund…
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Creation & Modification of Charge as per Companies Act, 2013

A charge is a right created by any person which may also include a business entity or a company which are referred to as “the borrower”. Such charge can be on assets and properties, present and future, in favour of a financial institution or a bank, who are referred to…
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Appointment of Auditor under Companies Act, 2013

Every entity doing corporate business requires Independent Examination of financial Information to maintain financial stability and verification of its accounts and records, compliances and other appropriate laws applicable to the company. Therefore, it performs audit in periodical basis depending upon the nature of the audit by an Independent Professional. This…
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Stages of Trademark: A Complete Overview

A trademark is a discernible symbol that aims to differentiate between different commercial articles like goods and services, legitimately. It is also used for the identification of origin and advertisement of various kinds of articles of commerce. A trademark could be conventional like signature, numeral, device, pictures or it could…
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Can a Company take loan from directors and shareholders? Read to find out

In India, there are multiple ways through which a company can avail or raise long term capital. It can be through issue of equity shares, debentures, preference shares or by accepting money through deposits. In most of the cases, such capital is utilized for the purpose of expansion and growth…
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All you need to know about Will Drafting and Registration

Many circumstances in life are unavoidable including death which is one of the certainties of life. To secure the upcoming generation and to identify that who should inherit a person’s property after they die, a will is created. A will is an important tool which helps in determining how and…
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What is a Non-Disclosure Agreement

A Non Disclosure Agreement (NDA) is a legal and confidential agreement which is executed between two parties where both the parties promises not to disclose any information which is confidential. A Confidential information is such which cannot be disclosed to any third party and has to be secret. Hence, NDA…
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All you need to know about Franchise Agreement

A Franchise Agreement is a legally binding agreement in which a well-known and established business (franchisor) grants right to provide its operational model, brand, and necessary support to the other party (franchisee) to run a similar business in exchange for a fee and share in the income generated. Such agreement…
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How to Respond to the Registrar on an Objection to the Trademark

At the time of registration of a trademark, any individual or the Trademark Registry may raise an objection for Trademark Registration. The stage of trademark objection is one of the most crucial stage and needs to be handled carefully and with utmost caution. For this, a strong reply must be…
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How to transfer shares from one person to another?

One of the most important characteristic of a company is that its shares are movable property which means that its shares or securities are transferable. The Articles of association (AOA) of company provides the rules and regulations through which shares can be transferred from one person to another. Such transfer…
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