One Resident Director It is mandatory as per Section 149(3) of the Companies Act of 2013 that at least one Director of the company must have stayed in India for a total period of at least 182 days in the previous calendar and such director need not be a citizen of India.

A foreign national can be nominated and appointed to the positions of Women Director, Independent Director, Small Director, Additional Director, Alternative and Nominee Director in Indian Companies by complying with the Companies Act, 2013.

What are Section 8 Companies?

DIN Services: Director Identification Number is essential for a Promoter to incorporate a company in India.

In order to meet the local expenses in connection with the projects in India, an overseas company can open foreign currency accounts with banks in India if they are executing projects in India.

At the stage of filing evidence in support of opposition and application, differing costs apply to both the opponent and the applicant, as per their individual attorneys.

No, the public limited company is not eligible to start up How many Persons are required to incorporate a public limited company?

As the company is being governed by a Board, no individual interest will rule over. 2.

Listed below is the registration procedure for a Public Limited Company.

Authorized Capital is the maximum amount of shares that a company can offer to its shareholders.

The term “goes public” is generally used to address the IPO of an existing company which decides to list its shares on a Stock Exchange.

The Company name that includes the following will require Central Government approval: (a)Board (b) Commission (c) Authority (d) Undertaking (e)National (f) Union (g) Central (h) Federal (i) Republic (j) President (k) Rashtrapati (l) Small Scale Industries (m) Khadi and Village Industries Corporation (n) Financial, forest, Corporation and the like (o) Municipal (p) Panchayat (q) Development Authority (r) Prime Minister or Chief Minister (s) Minister (t) Nation (u) Forest corporation (v) Development Scheme (w) Statute or Statutory (x) Court or Judiciary (y) Governor (z) Bureau Also, the usage of word Scheme with the name of Government, State, India, Bharat or any government authority or in any manner resembling with the schemes launched by Central, state or local Governments and authorities also require approval from Central Government Ending Names As per the Act, it is mandatory to suffix the type of Company name or should be shown as prescribed.

No Identical Names The name of the newly proposed company should not be identical or similar to that of an existing company; moreover, the meaning of identical names is well described in the act.

Utility proof To prove that the registered address of the company is functional, it is required to produce a utility bill of the registered address of the company.

It is worth to note here that a Partnership Firm and a Sole Proprietorship do not qualify as a Company, as it doesn’t involve registration.

Trademark Renewal and Trademark Restoration Trademark renewal is a process to renew its trademark as per the rules of the Trademark Act to retain the protection that comes with the trademark.

Advantages 1.Limited Liability: As per the Act, the partners have the flexibility of limited liability, any errors or negligence of one partner will not be the obligation of the other partner.

Also, the members of a company are not liable for the company's debts to its creditors. 4.

Certain non profit types of companies can also be established in India, they are: Section 8 Company A Section 8 Company is the most popular forms of Non-Profit Organizations in India, recognized under the Companies Act, 2013.

The relevant Acts, Rules, Guidelines, Manuals, Laws and bye-Laws.

Step 1A: DIN and DSC Registration Along with the registration of Name of the company, the key shareholder of the company should obtain his Directors Identity Number or DIN.

As per the Act, Only Indian born citizens can form a One Person Company.

Safeguards Directors and Shareholder with Limited Liability:  As per the Act, in a One Person Company, the liability of the single shareholder would be limited to the unpaid subscription money in his name. 2.

The court said the "defendants (Intex and others), their directors, officers, franchisees, agents, employees, servants, and/or any other person acting for and on their behalf are restrained from using the infringing trademark 'Aqua' or any other deceptively similar trademark in respect of mobile phones/cellular phones and their accessories, till the disposal of the suit."

Lettermarks are effective at streamlining any company/brand if they have long name.

Reddy Pharmaceuticals, despite the name “Reddy” being an extremely common surname in the South, the court highlighted on the fact that when average consumers think of “Dr.

For example, if “North Pole” is used for a selling for oranges then it will be acceptable since it will not be considered that the oranges do in fact originate from the North Pole since the same is not possible.

The law of trademark is based mainly on the concepts: distinctiveness similarity of marks and similarity of goods and is governed by the Trade Marks Act, 1999.

A company is a corporate body and a legal person.

Also, in addition, the LLPs will also be allowed to make downstream investment in another company or LLP in sectors in which 100% FDI is allowed under the automatic route and there are no FDI-linked performance conditions.

Various types of company can be incorporated under the Companies Act, 2013.

Implied Authority of Partner The authority of a Partner to bind the LLP, in case of an act of transaction carried on, in the usual way business is carried on by the LLP, binds the LLP.

Before the introduction of Companies Act 2013, Secretarial Audit was not mandatory for companies.

In order to claim the defense of nominative fair use under Section 30(2)(d) of the Trademark Act 1999, the user must establish that it is crucial for him/her to use the registered mark to identify his/her product in the market.

Evolution of Trademark Law The origin of the Indian Trade Marks Act dates back to UK’s Trademarks Act of 1875.

The process for registering your company as an LLP is a little lengthy but straightforward.

Service business The businesses based on service include all the commerce companies dealing in services, not products.

By visiting the official website of MCA, you will be able to know about each and every aspect of the company like whether it is an LLP, Private limited company, single owner company or a Public limited company.

A Private Limited Company (PLC) or Limited Liability Partnership (LLP) can be started to register with Snapdeal.

According to the Companies Act 2013, the Articles of Association have the following terms and conditions: Articles of Association of a private limited company do not allow the company to transfer its shares to anybody who is not a part of the company.

Documents required for Flipkart seller registration The documents needed to become a Flipkart seller differs from the nature of business or companies.

LLP Stationary LLP Seal: The LLP seal is required for the opening a bank account of the company and also for applying for PAN.

Foreign Nationals and NRIs have started businesses in India through a private limited company, as it allowed for 100% Foreign Direct Investment (FDI) under the automatic route for several sectors.

Limited Liability Partnership (LLP) is a great combination having the advantages of a Company and Partnership by means of providing the Partnership form of an entity with limited liability protection.

Emblems and Names (Prevention of Improper Use) Act, 1950 No one can use the marks or names which are listed below without the prior approval of the Central government or State government in any trade, business or in the title or any patent, trademark or design.

Also, it is better to avoid a generic or common name such as Hindustan, Delhi, Global, etc. as the chances of a company already being in existence with a same or similar name are exponentially high.

Broad Features of the GST All payments are to be made electronically eliminating the need for paper at all stages.

Central Taxes: Central Excise Duty [including additional excise duties, excise duty under the Medicinal and Toilet Preparations (Excise Duties) Act, 1955] Service tax Additional Customs Duty (CVD) Special Additional Duty of Customs (SAD) Central Sales Tax ( levied by the Centre and collected by the States) Central surcharges and cesses ( relating to supply of goods and services) State Taxes Value-added tax Octroi and Entry tax Purchase tax Luxury tax Taxes on lottery, betting and gambling State cesses and surcharges Entertainment tax (other than the tax levied by the local bodies) Central Sales tax ( levied by the Centre and collected by states)

Appointment of Officers The Board may appoint such persons as it may think fit to be officers under the Central Goods and Services Tax Act.

Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, making the GST a tax only on value addition at each stage.