Introduction: All the companies in India are governed by the Ministry of Corporate Affairs and all the steps of incorporation, to the Registrar of Companies. These institutions assist in smooth working and regulations of the Companies. It is to be Read more
Introduction: An income tax return refers to a document highlighting a party’s income, profits and losses, details of tax refund or tax liability, and other deductions. One of its forms, the Income Tax Return-5 (ITR-5) form is filed by a Read more
Introduction: In the words of Gloss & Baker, “A sole proprietorship is a business owned by one person and operated for his profit.” Whereas B.O. Wheeler defines sole proprietorship as “the forms of business ownership which is owned and controlled Read more
Introduction: According to Section 27 of the Companies Act, 2013[1], a company may change the contract clauses mentioned in the prospectus or the targets issued in the prospectus, except only when it is accepted and permitted at the general meeting Read more
Introduction: The promoter, a term which was always been overlooked and ignored by the experts as well as the law was suddenly on everyone’s tip of the tongue when the Companies Act, 2013[1]got the president’s consent to become the ‘new Read more
Introduction: The company’s charter outlines the scope of its activities, which is defined by the memorandum of association. The Memorandum of Association outlines the company’s relationship with the members’ rights and interests as well as the company’s relationship with the Read more
Introduction: A Prospectus is a document issued by the company inviting the public and investors for the subscription or purchase of any securities of a company. The prospectus describes the company’s stocks, bonds, and other types of securities offered by Read more
Introduction: According to Section 2(5)[1] of the Companies Act, 2013 the Articles of Association refer to those articles as “originally framed” or “altered” from time to time or applied in pursuance of any previous company law or this Act. However, Read more
Introduction: With the advancement in the business, the companies are expanding their scope. Companies now are creating an aura of democracy in their affairs. Shareholders are considered supreme power who appoint ministers in the form of directors to run the Read more
Introduction: Trademarks are perpetual rights that must be renewed on a regular basis to avoid non-use cancellation. India is becoming increasingly popular as a trade and investment hub. As an outcome, demand for trademark registration is skyrocketing. In India, a Read more
EPF is a way for salaried people to save and establish suitable retirement funds. It ensures that they earn more money and save in long run.
Introduction: The Designs Act, 2000 and the Design Rules, 2001 govern the registration of designs in India.[1]Design Registration is a form of registration of intellectual property protecting creations of the mind. A registered design is a configuration, pattern, shape, ornament Read more