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Cryptocurrency is a digital currency that is used to buy goods and services. These are types of currency are generally issued by various companies called as a token. These tokens are used for buying goods and services which are provided by the company. To excess goods and services of the…

Director Identification Number (DIN) was introduced in 2006 under section 266A- 266G of the Companies (Amendment) Act, 2006. Under this, all the directors have to obtain a DIN. Directors are the key policymakers and look into the management of the company. The Companies Act, 2013 discusses in depth about the…

At the end of every financial year, companies in India have to file an annual return. There are numerous amendments related to the filing of annual returns. There has also been a lot of uncertainty regarding the requirement of Form MGT-9. The MCA has made attempts to reduce the lengthy…

In general words, liability means the responsibility of the person. In the company, there are the directors and KMPS (Key Managerial Personnel) as they have decision-making power as the company is an artificial person. So, the decision making power is in the hands of the directors and KMPs as they…

NBFC is the financial institution that is registered under The Companies Act,2013 and regulated by RBI Act,1934. Before commencement of these financial activities business entity, they have to get a certificate of registration from RBI. Financial Activity includes loans, advances, asset financing shares, debentures and other market securities. Therefore, the…

A relatively new concept of One Person Company (OPC) was introduced by the Companies Act, 2013 for people with dreams of entrepreneurship. The introduction took place for those who do not have much time, resources, or people for the execution of their business plan. It allows a single person to…

These days it has become a trend of being social and maintaining one’s identity on the digital platform. One of the social media example is Youtube which in the present scenario giving lot of opportunities to the people all around the world to not only explore but also showcase talents,…

A company in India is governed by two company charters known as Memorandum of Association and Articles of Association. Every entrepreneur wanting to start a business has to get a company registration and draft MOA and AOA. They are the backbone of any company and drafting these documents is a…

In India, jewelry has a very different value and sentiment for people. Jewelry adds glory and enhances one’s beauty as it has jewels and precious metals like gold etc. It further symbolizes power, wealth, and status. However, before buying jewelry, the customer needs to be cautious in terms of its…

Share capital is liable for the running of a business and functioning smoothly. Its vital role in the structure of a limited company and the development of its reputation in the market. So, every individual before investing must know the different types of share capital. Further, share capital helps in…