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With the multiple growth opportunities in the market and understanding the need of the corporatization, many of already registered and operating Partnership Firms, limited liability partnerships are looking forward to switching their business into a company form. Business in corporate form looks more credible and solidifies the firm identity. Hence, in…
A Nidhi Company is one of the categories of Non-Banking Financial Company (NBFC) that does not require license from Reserve Bank of India (RBI) to commence its operations. Nidhi Company is managed under the supervision of Ministry of Corporate Affairs (MCA) as per Section 406 of the Companies Act, 2013.…
This year, the world has come to a stand still due to the ongoing situation of Coronavirus (COVID-19) pandemic which is causing a vast amount of destruction on public health and safety. Keeping in view of this, the Ministry of Corporate Affairs (MCA) has tried to ease matters for companies…
A Trademark is a unique identity which makes your product or service different from the rest. Such unique identity can be a logo, slogan, photograph, word, smell, sound, a combination of colors or graphical designs. In India, most of the business establishments register name or logo only. Hence, if you…
In India, whenever an application for trademark is applied, it is advertised by the Registrar of Trademark Department in Trademark Journal. In case any third party has any objection with the trademark which is advertised in the trademark journal, then it can file an opposition within four months from the…
Being an Agricultural centric economy, almost 60% of the Indian population depends directly or indirectly on the agricultural activities for their living. However, the primary producers and farmers have to face a lot of hardships and struggle to get their share of profit. Hence, to resolve such issues, the Indian…
When we talk about starting our own business, forming a Private Limited Company quickly seems to grab our attention. It is one of the best option which comes into mind of many start-ups and businesses who has high growth aspirations. In India, a Private Limited Company is incorporated under the…
In recent times, a new form of company has become widely popular which is called “One Person Company” (OPC). To encourage unorganized proprietorship business to enter into an organized corporate world, the concept of One Person Company was introduced. It is a vast improvement over sole proprietorship where a single…
Non-Banking Financial Company (NBFC) is a financial institution which does not possess any full fledged banking license but are involved into business of offering financial products, loans and services to customers. NBFC’s mostly deal with the business of loans and advances, finance leasing, acquisition of shares, hire-purchase, chit fund etc.…
Nidhi Company is a very popular lending mechanism in case you need to obtain secured loans. Nidhi Companies are one of the categories of Non-Banking Financial Company (NBFC) which does not require any license from the Reserve Bank of India (RBI) . Nidhi Companies are a type of Public companies…
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