NIDHI COMPANY- INTRODUCTION
Introduction Nidhi Company is a company registered under the Companies Act, 2013, which is incorporated with a sole objective of encouraging and cultivating the habit of savings amongst its members.…
CONVERSION OF PUBLIC COMPANY INTO PRIVATE COMPANY
PROCEDURE FOR CONVERSION OF PUBLIC COMPANY INTO PRIVATE COMPANY (Section 13 and 14 of the Companies Act Read with Rule 41 of Companies (Incorporation) Rules, 2014) Step-1 Hold a Board…
Conversion of Partnership firm/LLP into Company
What is Partnership Firm/LLP? A partnership firm is an organization which is formed with two or more persons to run a business with a view to earn profit. Each member…
COMPLIANCES UNDER SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS), REGULATIONS, 2011
COMPLIANCES UNDER SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS), REGULATIONS, 2011 SR.NO REGULATION REFERENCE TIMELINE 1Regulation 30(1)Every person, who together with persons acting in concert with him, holds shares or voting…
Submission of Annual Returns for FSSAI License
Clause 2.1.13 and Condition of License number 5 (Annexure 3 of Schedule 2)of FSS (Licensing and Registration of Food Businesses) Regulations, 2011 requires all Food Business Operators involved in Manufacturing/Processing…
VOLUNTARY LIQUIDATION OF COMPANIES AS PER INSOLVENCY AND BANKRUPTCY CODE, 2016
After the introduction of Insolvency and Bankruptcy Code, 2016, the provisions of voluntary winding up have been removed from the Companies Act, 2013. Section 59 of the IBC, 2016deals with…
ACQUISITION OF NON BANKING FINANCIAL COMPANY (NBFC)
What is NBFC takeover? NBFC stands for Non-Banking Financial Company registered under the Companies Act. Its main business activity is giving loans and advances, assets financing, investing in shares, debentures…
New ESIC registration rules from July 1: Bank Account and Phone number Mandatory
The Employees’ State Insurance Corporation (ESIC) has implemented new rules to streamline its subscriber base and better direct insurance benefits to customers. Among the measures, it will remove duplicate data…
PATENT- Basics and its Essentials
Generally Patent means a government authority or license conferring a right or title for a set period, especially the sole right to exclude others from making, using, or selling an…
Supreme Court on Employer’s Obligation to pay wages- In LOCKDOWN and After LOCKDOWN.
In the case of FICUS PAX PRIVATE LTD. & ORS. V/S UNION OF INDIA & ORS. What is the Case ? Writ petition have been filed by different employer’s, employers’…