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The Steps to Building Wealth without an actual increase in earnings is Smart and feasible Financial Planning. Finances play a very crucial role in every person’s life from personal to professional so it becomes very important to have it all sorted before one set into something as it will decide…

An LLP in India has to file its annual return compulsorily. Unlike companies, LLPs must mandatorily maintain their financial year from 1 April to 31 March. Therefore, the LLP annual return is due on 30 May and the account and solvency statement is due on 30 October of each financial…

Directors are the organization’s top decision-makers. In addition to serving as a trustee, agent, employee, and officer of the corporation, a director also performs several other duties. Their job is to oversee and manage the company’s services. This article briefly describes the Appointment and Removal of Directors, the Elimination of…

The draft Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 was proposed by the Indian Government and has become a key area of discussion amongst academicians and experts alike. It explores the emergence of cryptocurrency in the modern world. The Global Financial Crisis of 2008, triggered by the collapse…

In order to give smaller companies functioning as Private Limited Companies certain advantages, the idea of a small company was created in the Companies Act, 2013. Small companies are the backbone of any economy, thus it is important to make the process of starting and running one as straightforward as…

The primary objective of forming a corporation as a Section 8 Company is to promote non-profit objectives such as commerce, business, the arts, charity, education, religion, environment protection, social welfare, sports research, etc. A Section 8 Company cannot be established without a minimum of two directors. A Section 8 Company's…

Corporate fraud is defined as unlawful, misleading activities conducted by a company or a person using highly trained accounting practices to inflate a company's apparent earnings, which can take years to identify. Furthermore, this article seeks to analyze the causes and impacts of fraud on corporate stakeholders. This article informs…

With the approval of the board of directors or shareholders, a corporation can provide loans and guarantees, purchase securities, or invest in another company or body corporate. Inter-corporate loans are loans made by one company to another company or body corporate. Inter-corporate investment occurs when one firm invests in another.…

If you are planning to set up a Limited Partnership or LLP in Himachal Pradesh, you will find all the relevant requirements set by the Registrar of Companies (RoC). You will also find the step-by-step process for registering a Limited Liability Partnership (LLP) in Himachal Pradesh along with other necessary…

A Hindu Undivided Family (HUF) is any individual who is lineally derived from a common ancestor, including their spouses and unmarried daughters. A typical Hindu family consists of a male Hindu, his wife, and his unmarried daughters. When a daughter marries, she no longer belongs to her father's family and…