New Definition of Small Company
New Defination of Small Company The Ministry of Corporate Affairs has notified an amendment in the Companies (Specification of Definitions Details) Rules, 2014 that came into force on 1st April 2021. The MCA (Ministry of Corporate Affairs) has effected this amendment in accordance with the proposal of the Honourable Finance Minister to revise the definition […]
No need to file ADT-1
No need to file ADT-1 in case of appointment of first auditor of the company No need to file ADT-1 in case of appointment of first auditor of the company – Companies Act, 2013 (‘CA, 2013’) Form ADT 1 governed by following : Section 139 of the Companies Act, 2013 Section 140 of the Companies […]
Trademark Registration
Trademark Registration in India What is Trademark Registration in India? Trademark registration in India permits the applicant to use symbols or words to symbolize a business or the items offered by a business in order to identify their goods or services from competitors. Once a trademark is registered in India, no other organization may use […]
Memorandum of Association (MOA) under Companies Act, 2013
Memorandum of Association (MOA) under Companies Act, 2013 Introduction The formation of a company takes place when a number of people come together for achieving a specific purpose. This purpose is usually commercial in nature. To incorporate a company, an application has to be filed. This application is required to be submitted with a number […]
Virtual CFO and how it can benefit/help Start-ups
Virtual CFO and how it can help Start-ups What is CFO ? The CFO (Chief Financial Officer), person responsible for managing company’s finances, starting from book-keeping and compliance to financial planning for the organisation and corporate investments. CFO, traditionally had the responsibility to perform all reporting tasks with regard to financial aspects of the Company, […]
Partnership and Format of Partnership Deed
Partnership: As per Section 4 of The Partnership Act, 1932: “Partnership” is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. Components of Partnership: Persons who have agreed to enter into partnership are called individually, “partners” and collectively “a firm”, […]
ESI Registration
ESI Registration in Bangalore Employee State Insurance, or ESI, is a scheme launched by the Government of India to provide workers with medical, monetary, and other benefits. Employee State Insurance Corporation is the independent authority in charge of ESI, which is overseen by the Ministry of Labour and Employment. Any company with more than ten […]
Bonafide Certificate- Application Procedure
Bonafide Certificate- Application Procedure Bonafide Certificate- Application Procedure A genuine certificate is a document that proves that an individual is a member of a specific educational institute or organization. It is a certificate proving that he or she was enrolled in a specific class and course at the institution during a specified time period. A […]
Experience Certificate Format
Experience Certificate Format An experience certificate is a written document that is given to an employee after he or she has completed his or her employment and verifies the employee’s experience in an organization. This page provides an overview of the procedure for providing an experience certificate as well as the format for the experience […]
MSME Registration
MSME Registration in Bangalore MSME Registration MSME (Micro, Small, and Medium Enterprises) refers to any business with a revenue of less than 74,87,94,00,000 INR. Analysts believe that they are the foundation of any nation’s economy. These assist the market in ensuring a fair distribution of wealth. As a result, the Government of India provides […]
