Know the Types of Intellectual Property Rights
October 10, 2019
Copyrights Copyright is a branch of intellectual property regime, that protects original works of an author. It is a natural right, and not a statutory right only. This means that a work is protected by copyright as soon as it is created. It need not be granted registration by the State to enjoy copyright protection. […]
Test your Knowledge on Companies Act
October 10, 2019
Quiz on Companies Act- 1 1.)As per the Companies Act, a body corporate or corporation does not include which of the following? A company incorporated in Maharashtra A company incorporated outside India A corporation sole A co-operative society A.) Both (1) and (2) B.) Both (1) and (3) C.) Both (2) and (4) D.) Both […]
Pvt Ltd company registration : Suitable for startups
October 9, 2019
For startups and small businesses, private limited company registration is advised. A Private Limited Company registration is the best form of company for a startup, especially one which is growth-oriented. The reasons for this are many like, Usually, startups have more than one founder so it is difficult to be a One Person Company. A private limited company can have many directors and choosing […]
Increase in penalty for not filing annual return
October 9, 2019
The Companies (Registration Offices and Fees) Second Amendment Rules, 2018 was notified by the Ministry of Corporate Affairs on 7th May 2018. For all Professionals and Entrepreneurs, who are directors of a company this rule plays an important role in their lives. By implementing this rule, there will be a very significant increase in penalty for not filing […]
One Day Company Incorporation using SPICe forms- Analysis
October 9, 2019
SPICe- One Day Company Incorporation The procedure for company incorporation is provided under Section 7 of the Companies Act, 2013. Companies (Incorporation) Rules, 2014 which came into effect from 1st April 2014 was framed by the Central Government for the purpose of company incorporation. There are Rules prescribing various Forms that are to be used for the incorporation of […]
Difference between Preference shares and Equity shares
October 9, 2019
If anyone wishes to invest their money in shares then they must gain complete knowledge about the stock market before initiating any investment. Otherwise, there are huge chances that you might suffer unbearable losses. In this article, we discuss all the possible difference between preference shares and equity shares. Preference Shares Preferred Stocks also known as […]
Update DIR-3 KYC Details of Directors
October 9, 2019
In a notification dated 5 July 2018 released by Ministry of Corporate Affairs (MCA) has announced the Companies (Qualification and Appointment of Director) Fourth Amendment Rules, 2018. According to the rule, in a registered company or a new company registration, every director holding a Director Identification Number (DIN) should mandatory get his know your client (KYC) details updated with the MCA […]
Notice of AGM( Annual General Meeting)
October 9, 2019
Notice of AGM( Annual General Meeting) An Annual General Meeting is a gathering of the general participation of an association. These associations incorporate enrollment affiliations and organizations with investors. These gatherings might be required by law or by the constitution, sanction, or by-laws administering the body. The meetings are held to lead the business in […]
Difference between Authorized Capital and Paid Up Share Capital
October 9, 2019
Before discussing the difference between Authorized Capital and Paid-up Capital it is important to understand what is authorized and paid up capital. Authorized Share Capital It is the greatest measure of offer that an organization is approved to have by its MOA to issue to the investors i.e the maximum share capital that a company is […]
Chit Fund Company and its Registration Process
October 9, 2019
Chit Fund Company A Chit Funds is a prominent kind of investment funds that operate in India as a principal part of the disorderly currency advertise industry. As well as Chit stores give access to investment funds and borrowings for individuals with constrained access to managing account offices. Thus, Chit stores are controlled by Chit […]
Appointment of foreign national as director of Indian company
October 9, 2019
Foreign National as director of Indian Company under Companies Act, 2013 Under the Indian Companies Act, 2013, six kinds of Directors are designated in a private limited company. This designated director of a company can be Women Director, Independent Director, Foreign National director, Small Shareholders Director, Additional Director, Alternative and Nominee Director. Therefore, the Act does not […]
Top Indian Cities to Pitch Startup Registrations
October 9, 2019
Since the last two decades, the startup culture is advancing popularity across the world. India, the world’s seventh largest economy in terms of GDP and the third largest in terms of purchasing power parity (PPP), is also claiming a rank in the emerging startup world. After 2005 there is a sudden surge in startup registrations […]
Company Registration: How to choose the right business structure?
October 9, 2019
Deciding to start a Business means making countless sacrifices and facing all kinds of challenges, big or small. There are too many things that need to be done and looked after. It becomes overwhelming if the full manpower hasn’t been hired. Which is, generally, the case with every business, as they tend to start with fewer people […]
Nidhi company vs NBFC vs. MF: what is the best business structure for you to start?
October 9, 2019
Nidhi Company Explained In order to choose the best business structure before you open a Finance Company, Nidhi company vs NBFC, MF etc, let us first understand what is Nidhi Company, that exists only in the Indian community. The term Nidhi means ‘treasure’. And in the Indian Finance sector, it has come to represent a […]
What is Paid-up capital and how does it work
October 9, 2019
Introduction A company that needs to issue shares should keep in mind the authorized capital. Now, according to this authorized capital, it needs to issue shares which should always be less than or equal to the authorized share capital. This is called Paid-up capital. The pumped in money by the investors to run the business is […]