When a person incorporates a company or is planning to change the name of the company then the person has to file for a name for his company which shall not be similar to any other company’s name.
This filing of return is applicable for both private and public companies which are to be done in two parts MSME-1 which is for the initial returns and half-yearly return MSME-2.
Appointing an auditor After incorporating a new company, it is mandatory for the Board of Directors to collectively appoint an auditor for the company who is responsible for reviewing and evaluating company’s financial statements for a term of five years. 5.
When a person dies without writing his will, all his assets, funds and investments, bank accounts everything under his name are transferred to a legal heir.
Micro, Small and Medium Enterprises (MSME) Registration provides benefit to the individual/companies who fall under the investment limit decided by the Government.