Indian Government: Search Results

over 7 years ago

Can A Subsidiary Own Shares In A Parent Company?

Hence, it can acquire, buy, and alienate, property in its name and remains unaffected by the death or removal of any of its member A subsidiary is allowed to have 100% Foreign Direct Investment (FDI) in many of the sectors through Company type business entity without taking any prior Government approval.

over 7 years ago

Closing A Foreign Company In India

Act as a communication barrier between the parent company and the Indian company What are the salient features of Liaison Company?

over 7 years ago

Related Parties As Per Companies Act 2013

Role of RC-49 and SEBI Securities and Exchange Board of India (SEBI) also states several provisions related to the related parties.

over 7 years ago

The Companies Act 2013: Significant Beneficial Ownership

Latest Amendments in Significant Beneficial Ownership Recently, the Ministry of Corporate Affairs has brought in amendments in the governing rules of Significant Beneficial Ownership.

over 7 years ago

Trust Registration In India

Types of Trusts in India Majorly there are two types of trust that operate in India i.e.

over 7 years ago

How To Start A Travel Agency Business In India [Detailed Procedure]

Travel agency business in India Travel and tourism is a vast stretch industry not only in India but all around the globe.

over 7 years ago

Issue And Purchase Of Shares By Nri

NRI stands for Non-Resident Indian, but it can be classified into two categories; A person who does not resides in India but holds an Indian passport A Person of Indian Origin (PIO), a non-resident Indian having a foreign passport.

over 7 years ago

Fast Track Merger

Fast track merger is the first significant change in the merger and acquisition regime in India since 1956.

over 7 years ago

Key Management Personnel

These personnel’s are: Whole time director Chief Executing Officer/Manager/Managing Director Chief Financial Officer (CFO) Company Secretary (CS) Any other officer prescribed by the government Who are all eligible for appointing a KMP?

over 7 years ago

Procedure For Opening A Bank Account For Sole Proprietorship

Proprietorships are business entities that are not registered with the central government.

over 7 years ago

Voting Rights Of Shareholder In India

A shareholder has the right to vote on the corporate policy which might involve making or selecting the board of directors, initiating corporate actions and when making any substantial changes in the operations of a corporation.

over 7 years ago

Wholly Owned Subsidiary

Thus the government laws imposed on a subsidiary company does not apply to its parent company.

over 7 years ago

Share Certificate

The Indian Companies Act mandates companies for issuing share certificates post their incorporation in Form SH-4 format.

over 7 years ago

Joint Shareholding In A Company

The governing provisions of joint shareholders must be clearly mentioned in the Articles of Association.

over 7 years ago

Promoters Under Companies Act

Termination of Promoter Duties The role of promoters comes to an end once the board of directors have been formed and they take over as the governing body of the company.

over 7 years ago

Reserve Unique Name (Run) Form

With the government new scheme under ease of doing business, the government has tried to cut down the cost of the company’s incorporation.

over 7 years ago

Small Company Under Companies Act

Such condition shall not define a small company in cases like: a holding company or a subsidiary company; a company registered under Section 8 any company or a corporate body governed by any special Act only a private company can be classified as a small company The status of a small company changes every year.

over 7 years ago

Startup India Scheme: Concept, Eligibility And Registration

What is Start-up India Scheme?

over 7 years ago

Supporting The Msme Sector: Initiatives By Mca

The Government has also directed all the companies who get their supplies from micro and small enterprises to submit a half yearly return to the Ministry of Corporate Affairs ( MCA) if the payment exceeds 45 days from the date of acceptance. 1.

over 7 years ago

Independent Directors: Appointment, Ownership And Roles

Independent Director is appointed to govern the working of a company and is not related in any other role.

over 7 years ago

The Companies Act 2013: Post Incorporation Reqirements

Registered office After incorporating a company, its now time to register for a head office for the firm within 15 days of its incorporation where all the government notices, agendas and other legal documents and communications will be addressed. 6.

over 7 years ago

How To Register For Msme Databank

Of India provides various subsidies, tax benefits and loans to the MSME holders to promote their development.

over 7 years ago

Can A Minor Become A Shareholder Of The Company?

One can register a company in India in two different ways.

over 7 years ago

Process Of Resignation Of Director: Process And Compliance

In case all the Directors of the Company Resign If all the directors of the company resign at the same time the promoters of the company or in absence of promoters the central government has authority to appoint directors for the company.

over 7 years ago

Board Resolution For Opening Bank Account

Business name certificate or certificate that is issued by the government of India must be submitted along with other documents.

over 7 years ago

Precautions To Take While Resigning As A Director.

Copy of AOA of the Company, with specific reference to the clause governing the resignation by a Director.

over 7 years ago

How To Surrender Din

They are allotted by the central government to any individual who intends to become the director of a company.

over 7 years ago

Msme Loan In 59 Minutes: Online Application Process

The central government of India introduced an online website for granting loans to help small entrepreneurs in expanding their business.

over 7 years ago

Digitize India Platform (Dip)

The government through this initiative has introduced broadband services in all the rural areas and to provide universal access to mobile connectivity and also the government is paving way for Jobs in the IT and many other areas.

over 7 years ago

Ssi Online Registration Process

SSI Registration is free of cost in India however; if you authorise an attorney or agent to file on your part, then you might need to pay some professional fee.

over 7 years ago

Process To Obtain Shops And Establishment License

Shop establishment license is issued by the government which gives permission to carry on a particular trade or business to personal.

over 7 years ago

Importance Of Appointing An Auditor

NOTE: in some cases, government approval is required A statutory auditor cannot be appointed as an internal auditor Procedure to be followed for appointing Auditor Appointment by Board of Directors Appointment of the 1st auditor of the company is governed through section 139(6) along with non-obstante clause and is appointed within thirty days of the company’s incorporation.

over 7 years ago

Harley Davidson Files Patent For Bike Designs

The designs of these bikes also include saree guards which points at their launch in India as well or primarily made for Indian people.

over 7 years ago

Nidhi Company In India: Process, Eligibility And Benefits

These both companies are limited and are governed by RBI.

over 7 years ago

Section 8 Company Incorporation, Features And Advantages

The company acts similar to a trust or society but is registered with the central government, whereas a trust or society is registered with state government.

over 7 years ago

Government Amends Significant Beneficial Ownership In Companies

The Government of India has thought of bringing clarity in the entire structure and help in identifying entities which can be controlled even outside the country.

over 7 years ago

Share Transfer In A Company

In either case, the government levies stamp duty on the transfer of shares.

over 7 years ago

Appointment Of Director In A Company

You can also appoint a Foreign National or Non-Resident Indian as a director in the Company.

over 7 years ago

Merger And Acquisition: Types, Benefits And Strategies

In 2015 India saw a lot of Inbound deals and activities involving (report) Preparing a strategy for M&A process is the most complicated task which a professional needs to deal with such as all the laws applicable to these deals which can range from antitrust laws, regulations governing corporate law, taxes, contacts, market conditions and all the specific negotiation points.

over 7 years ago

Limited Liability Partnership In India

Introduction of LLP Limited liability partnership was introduced in India in the year 2009; in an LLP the partners have limited liability which is different from other partnership firms that are responsible for the acts of the other directors as well as all the cases and debts that are filed against the firm.

over 7 years ago

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