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almost 7 years ago

Business Structure In India

It means that if a company faces any kind of loss then the shareholders can sell their own assets.
almost 7 years ago

Gst Composition Scheme

Following goods which are not leviable to tax under the GST Act are as follows: - Petroleum High-Speed Diesel Motor Spirit Natural Gas Aviation Turbine Fuel Alcohol For Human Consumption Persons who are ineligible For Composition Scheme Under GST Taxpayer supplying Exempt Supplies Exempt supplies are the goods or services sold by the companies free from Goods and Services Tax (GST).
almost 7 years ago

Understanding Difference Between Word, Logo And Logo Composite Mark

Basically, a brand is a visual representation that companies use in order to distinguish their own products from that of the others.
almost 7 years ago

Pilot 18. Com Can No Longer Take Free Rides: Restrained From Using Trademark “Vistara”

Use of Impugned Mark The cases were filed by the TATA-SIA Airlines Ltd which was registered in India on 5th November 2013 and is a public limited company with over 5000 crores authorized capital.
almost 7 years ago

Angel Tax Insights For Start Ups

Angel tax refers to a term that is used for income tax that is payable by unlisted companies.
almost 7 years ago

Bharat Matrimony Wins Trademark Infringement Case Against Shaadi.Com

As per the company’s plaint, it was stated that other matrimony services were hoping for a free ride on the trust and goodwill of Bharatmatrimony.
about 7 years ago

Renewal Process For Fssai Food License

IX of the nomination of persons by the company shall be filed in the prescribed format.
about 7 years ago

Union Budget 2019 20 : Implication On Companies

Followings are the implication of Union Budget 2019-20 on the Indian Companies – The minimum level of public shareholding in the listed companies raised from the current threshold of 25% to 35% level.
about 7 years ago

Adidas Loses Trademark For Three Stripes

Since then the company has been in a number of battles over the use of stripes by various competitors.
about 7 years ago

Egm: Extraordinary General Meeting

However; in certain cases, the urgent matters of the company require a meeting with shorter notice.
about 7 years ago

Grounds For Trademark Application Rejection

For example, a company cannot trademark the word “COMPUTER” to sell computers.
about 7 years ago

Analysis Of Form Dpt 3 Applicability, Due Date And Attachments

MCA has made it necessary to file Form DPT-3 for all the companies registered in India except government companies before 22nd April 2019.
about 7 years ago

Directors Will Have To Soon Take An Exam To Show Competency

These directors act as scrutineer or observer for the company affairs and keep a check on any wrongdoings that might occur.
about 7 years ago

Royal Enfield Sued For Patent Infringement

    The Company has patent registration in various companies such as Germany, France, Italy, Britain, Sweden, Spain, Switzerland and Turkey.
about 7 years ago

Overview Of M&A Due Diligence Process

Due diligence is the process through which any prospective buyer of a company can check the financials, contracts and customers of the company to gather in any of the pertinent information regarding the company they want to invest in.
about 7 years ago

Consequences Of Not Filing Inc 20 A

All the companies are governed and controlled by MCA that has issued specific guidelines for the companies that were incorporated on or after 2nd November 2018.
about 7 years ago

Insolvency And Bankruptcy Code In India

The code of 2016 applies to companies that deal in providing time-bound resolution to the insolvency process.
about 7 years ago

Corporate Ministry Amends Company Incorporation Rules

The Ministry of Corporate Affairs (MCA) has amended the rules pertaining to company incorporation for achieving clarity and uniformity while the applicant files for approval of the names of their company.
about 7 years ago

Temporary Removal Of A Document For Duplication Subject Of Theft: Supreme Court

  To make out a case of theft under IPC Section 378 following things are required – Wrongful Gain Take away movable property Dishonest Intention Wrongful Loss The company (Birla Corporation) filed a criminal complaint against Adventz Investments claiming that the commission of offences are punishable under Sections 379, 403 IPC read with Section 120-B IPC.
about 7 years ago

Illegal Deductions By Mobile Operators Can Be Filed In Consumer Forums: Hp Scdrc

The complaint was filed by a person named Rohit Sharma before the District Forum that the mobile operator company, Airtel had illegally deducted Rs. 200 from his main account.
about 7 years ago

Amendment In Company Strike Off Procedure

As per the Companies (Removal of names of companies from the registrar of companies) Amendment Rules,2019.
over 7 years ago

Glenfiddich Lost Its Trademark Battle With Glenfield

Vivek Anasane, the owner of an Indian beverage company had filed for a trademark named Glenfield with the UK Intellectual Property Office which was opposed by Glenfiddich, a 130-year-old scotch whiskey manufacturing company.
over 7 years ago

What Is Due Diligence? Definition And Types

As per the McKinsey Global Survey on the Merger and Acquisition practices and capabilities the company management regularly report that the companies involved, regularly examine the portfolio of the target companies that show them whether it is worth investing or not.
over 7 years ago

Qualcomm Wins Over The Patent Fight With Apple

The company has also acknowledged Qualcomm’s leadership in modems.
over 7 years ago

Businesses With Turnover Over 2 Crore To File Gst For Fy 18

Goods and Service Tax is a unified tax system which is levied on different goods and services and all the companies who have a turnover of more than Rs 20 Lakh needs to register for GST.
over 7 years ago

Cbdt Makes New Changes In The Format And Details Of Form 16

Form 16 is a certificate which is issued by the employer of a company for the deduction of TDS in the salaries of their employees.
over 7 years ago

A Copyright Claim Against Pro Trump Video For ‘Dark Knight Theme’

However; with the intention of promoting himself for the re-elections Donald Trump ended up in a copyright claim from the famous entertainment company Warner Bros.
over 7 years ago

Mca Lifted The Ban From Llp Getting Engaged In Manufacturing Activities.

Earlier it was clearly stated in the notice published by MCA on 06.03.2019 that any company dealing with manufacturing or any such allied activities cannot be incorporated an LLP or can be converted I to LLP, as this sector of the company does not fall under the guidelines of Limited Liability Partnership This notice by MCA faced a huge amount of criticism from media and Institute of Company Secretaries of India (ICSI).
over 7 years ago

Power Companies Move To High Court After 12% Gst On Rec

Different power companies buy these certificates from renewal energy exchanges to abide by the Government norms.
over 7 years ago

Bata Needs To Pay Rs. 9000 For Charging Its Paper Bag

The Bata store was found charging him with additional cost for the paper bag (Rs. 3) on which the company was also endorsing its brand name.
over 7 years ago

Uber Files For Ipo Registration In The U.S.

Earlier, Lyft Inc, a transportation and mobile app company also filed for its IPO in the U.S.
over 7 years ago

Instamojo Leads A New Vision For Msme In General Elections

With people expecting a productive government,      Instamojo, one of the leading payment solutions company for small businesses have also contributed their bit to make 2019 elections a platform for the MSME sector.
over 7 years ago

Private Limited Company To Limited Liability Partnership

It is seen as an alternate response to traditional partnership and also called the ‘Hybrid’ of a partnership enterprise and a company.
over 7 years ago

Inc 35(agile E Form) Introduced By Mca For Ease Of Doing Business

What is E-form AGILE (INC-35) The AGILE form is introduced as part of SPICE incorporation form and will provide 3 important business registration at the time of incorporation of the company itself.
over 7 years ago

Form Mgt 7 : For Filing Annual Returns Of The Company

Every company at the closing of their financial year have to file their annual returns containing the particulars to ROC by filing form MGT-7 along with the following details: The name and address of the registered office, type of business activity conducted by the company and information about its subsidiary, holding or any other associated company List of company’s shares, debentures, securities and any other shareholding pattern Names of members and debentures along with the type of alterations connected to them Indebtedness of the company The balance sheet of the company’s profit and loss Name of all the directors, promoters and Key Managerial Personnel along with their activities Details about the presence of members, class, board and various committees in the meeting.
over 7 years ago

Restricted Words List: Helps To Choose A Name For Your Company

After incorporating a company in India, the next step is to register it legally.
over 7 years ago

What Are Asset Reconstruction Companies (Ar Cs)?

Registration under Companies act An ARC company needs to be registered under companies act either as Private limited Company or as a Public Limited Company.
over 7 years ago

Reduction Of Equity Share Capital (Under Companies Act)

The equity shares are the risk that the owners of the company take through the purchase of companies stock.
over 7 years ago

Preference Shares Vs Equity Shares

A company can issue two different types of shares i.e.
over 7 years ago

Can A Company Reduce Its Share Capital?

The funds raised by a company in exchange for its shares are known as the share capital of a company.
over 7 years ago

Can A Subsidiary Own Shares In A Parent Company?

When a company is controlled and managed by another company, the company that is being managed is termed as subsidiary while the controlling company can either be a parent company or holding company.
over 7 years ago

Closing A Foreign Company In India

A foreign company can be defined under Section 2(42).
over 7 years ago

Name Approval By Crc

What is the procedure of applying for the unique name of the company?
over 7 years ago

Restoring Name Of A Stuck Off Company

What is a defunct company?
over 7 years ago

Related Parties As Per Companies Act 2013

According to the Companies Act 2013, related party in a company refers to as – A director or his relative.
over 7 years ago

The Companies Act 2013: Significant Beneficial Ownership

There are different conditions where the beneficial ownership can be determined by the company.
over 7 years ago

Trust Registration In India

A trust can be created by an individual, Hindu undivided family, association of persons, company, society etc.
over 7 years ago

Corporate Social Responsibilities (Companies Act 2013)

According to Section 135 of the Companies Act, 2013, all companies whose - Net worth is Rs. 500 Crore or more.
over 7 years ago

Dematerialisation Of Physical Shares

After this, certificates need not be transferred to the company’s registrar One of the main benefits of a Demat account is that you can link it to your bank account which helps in facilitating easy transfer of funds A demat account requires a nominee.
over 7 years ago

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

According to the size and investment a person can choose between a: Private Limited Company (PVT): A private limited company is an attractive business model as it is a company with a minimum paid-up share capital of 1 lakh.