Corporate Laws
How to become a member of a Company?
An individual can become a member of a company by agreeing to certain conditions as listed in the companies act.
Corporate Laws
Declaration for Commencement of Business (Form INC-20A)
The penalty related to non-compliance is very high because many shell companies are engaged in the incorporation process without following the guidelines.
Corporate Laws
Nidhi Company under Companies Act, 2013
Introduction: A Nidhi is a type of non-banking financial company (NBFC) that was formed to receive and lend money to its members only, for their mutual benefit. It aims to encourage the habit of thrift and savings among its members. So only the enrolled members can deposit and lend loans Read more…
Corporate Laws
Incorporation of a Company and Punishment for False Misrepresentation
Introduction: A company is the amalgamation of a group of people who are working for a particular objective. A company is legally registered under the Companies Act, 2013. As per the company act, it means a company that is incorporated under the Companies Act, 2013 or under any previous company Read more…