World has seen a never seen before situation with COVID-19. The biggest of countries going under lockdown. The pharmaceutical companies and NGO’s are working hand in hand. On one pharmaceutical companies are preparing drugs and vaccines and on the other hand NGOs are working for helping the poor and needy in these times of lockdown….
Various provisions of Merger and Acquisition are provided under The Companies Act, 2013 but no specific definition is provided. Generally, Merger and Acquisition are two different terms. When two different company of the same size joins together to form a new company is called Merger. On the other hand, In Acquisition one company takeovers the…
NBFC is the financial institution that is registered under the Companies Act,2013 and regulated by RBI Act,1934. Before starting any financial activities business entity, they have to get a certificate of registration from RBI. Financial Activity includes loans, advances, asset financing shares, debentures, and other market securities. NBFC takeover is a process of acquiring a…
DIN i.e. Director’s Identification Number is compulsory for all the directors. It is just like an identity proof of a director. DIN is allotted by a simple procedure i.e. filling forms and submitting with necessary documents and requisite fees on MCA Portal. Today in this article we will discuss that if a person who wishes…
When an individual chooses to start a business, the most important decision is to select the structure of the business. Facts such as taxes, the liability of an individual, or how to raise fund depends on the structure. Before starting the business and selecting the structure the business owner should take advice from the expert,…
The company that does not want to carry out any business operation and only bearing the annual compliance, can proceed with the closure of the business. The Company can ask the Registrar of the company to remove the name of the company from its register. Section 248 of the Companies Act, 2013 provides the provision…
Government of India launched the initiative of Startup India in year 2016. The ultimate aim of this initiative was to give boost to young and innovative entrepreneurs to come forward and start their business. The government had launched this flagship mission under Department for Promotion of Industry and Internal Trade (DPIIT). Today in this article,…
The workplace is a very important place for any business. Any company should have a registered office as per the provisions of the Companies Act. The registered office of the company is supposed to be mentioned in Memorandum of Association and Articles of Association of the company. Sometimes due to change in circumstances or due…
In this article, we will discuss about that how a company can be revived through an application to NCLT. The revival situation arises when name is struck off from Registrar of Companies or where a company has been declared sick. It is a well-known fact that Companies Act, 1956 was replaced by Companies Act, 2013….
Trademark is the mark, logo, word, symbol which is used by the companies or an individual for their goods or services. So that they can be easily identified by the customer and can distinguish between the various goods. In India, a trademark is registered under Trade Mark Act,1999. Trademark registration provides the exclusive right to…