The Companies Act, 2013 does not mandates a Private Company to appoint Managing director, Whole-Time Director or Manager. Only an Individual (living person) can be appointed as a Director in a Company. A body corporate or business entity cannot be…
What is cryptocurrency? A cryptocurrency is a form of payment that can circulate without the need for a central monetary authority such as a government or bank. A cryptocurrency is a medium of exchange that is digital, encrypted and decentralized.…
Union Finance Minister Nirmala Sitharaman on Tuesday presented Union Budget 2022-23 in Parliament. Budget 2022-23 aims to boost growth amid continued disruption from Covid-19 and rising inflation. This Union Budget laid a foundation and blueprint of the economy over ‘Amrit Kal’…
A Current Account is a type of deposit account offering a significantly higher number transactions (In terms of cheque issuance, deposits, withdrawals, and D.D. issuance etc.) and services designed for businesses. Such as Overdraft, i.e. the ability to avail of…
The Trademark Act, 1999 deals with the protection, registration and prevention of fraudulent use of trademarks. The Trademarks Act, 1999 provides the procedure for trademark registration. The provisions relating to the application for trademark registration is provided under The Trademarks…
Tax filing is not only about the filing and submission of income tax returns (ITR). The last step to successfully accomplish the process in rectifying the ITR under 120 days of presenting it, failing where the ITR is deemed invalid.…
In case a trademark application is filed by a person other than the trademark applicant, then a duly stamped TM-48 or Power of Attorney must be filed. In this article, we look at the trademark Form TM 48 format and the…
To begin with, we shall see what a trust is. A trust is legal arrangement devised in order to legally entrust a person or a group of persons with the property for the use or benefit of some other person…
Once the Company is incorporated, we forget about the various compliances which needs to be followed. Obtaining the Certificate of Incorporation is only a starting point for a series of compliances a company has to follow under various legislations in…
Private Limited Registration is a complete online procedure and requires some key documents. Below are the key documents required to get a company registration. It has been divided into two parts as below: Part 1: Basic Documents for the Directors…