BIS is a legal entity, established to issue comprehensive guidelines for manufacturers to ensure the quality, reliability, and safety of products. From now on, thousands of manufacturers from all over the world have obtained this license to guarantee their quality. BIS is becoming increasingly popular among industries that care about the quality of their product….
The abbreviation for Registration cum Membership Certificate is RCMC. This certificate is issued to the company as a licence to conduct exports and obtain some form of concession under the current foreign trade policy. The Federation of Indian Export Organizations issues the RCMC certificate (FIEO). The certificate is also issued by the Export Promotion Council…
TransUnion CIBILTM, Equifax, Experian, and CRIF High Mark are the four credit information bureaus in India. The Reserve Bank of India’s Department of Banking Operations and Development has direct oversight of these credit information bureaus. According to the provisions of the 2005 Credit Information Companies (Regulations) Act (CICRA), all banks, financial institutions, and non-bank financial…
The Companies Act, 2013 has revolutionized the rules of business in our country by introducing several new concepts that were previously unavailable. One such change was the introduction of the One-Person Company concept. This has led to the recognition of a completely new way of starting businesses that allows for flexibility while providing limited liability…
The right issue is an invitation to existing shareholders to purchase additional company shares in proportion to their existing company shares by sending a letter of offer. This article highlights the right issue under the Companies Act, 2013. Table of Contents- Concept of the Right Issue under the Companies Act 2013 Conditions for Right Issue…
Trademark is an important aspect of Intellectual Property Right (IPR). A trademark may be defined as any sign that individualizes the goods of a given enterprise and distinguishes them from the goods of competitors. Marketing of a particular good or service becomes easier through trademarks. Table of contents Introduction Definition of Trademark Object of trademark…
Under the Regulation and Development Act of 2016, the Government of Rajasthan has introduced regulations to promote and regulate the real estate and housing sector in government. Through this program, Rajasthan RERA will promote the expansion and development of a healthy, transparent, effective, and competitive real estate market. The article highlights the property dealer registration…
Under Section 177 of the Companies Act, 2013, the Board of Directors may refer certain matters to committees established for this purpose. Committees are formed as a means of improving the efficiency and effectiveness of the board in areas where there is a need for more focused, specialized, and technically focused discussions. This article focuses…
The partnership organisation was started with the enactment of Partnership Act, 1907 in England and in India the Partnership Act was initially enacted in 1932. The Act governs the formation, management and control of various activities in partnership. According to Partnership Act, 1932 the partners involved in the business are made unlimitedly liable towards the…
The articles of the Indian Constitution are the source of the labour laws’ genesis, authority, and power. The importance of human labour’s dignity, as well as the necessity to defend and safeguard labour’s interests as human beings, have been incorporated in Chapters III and IV of the Indian Constitution, following Fundamental Rights and Directive Principles…