Eligibility to hold Sweat Permanent employee of the Company who has been working in India or outside India, for at least last 1 year Director of Company-Whole time director or not An employee or a director as defined in sub-clauses (a) or (b) above of a subsidiary (in India or outside India) or of a holding Company 2.

Apex body allotting DIN in India The Central Government (Office of Regional Director (Northern Region), Ministry of Corporate Affairs, NOIDA) is the apex body which has the power to allot the DIN.

In India, a trademark stands fit for removal from the register of trademarks under two scenarios.

Well, it seems a new concept for a developing country like India, but is a common means of tax collection in the developed countries.

HDFC has diversified its business across 550 cities with 1416 branches in India.

As per (Share Capital and Debentures) Rules, 2014 there are certain restrictions on the issuance of sweat equity shares as follows:- A company other than a listed company, which is not required to comply with the Securities and Exchange Board of India Regulations (SEBI) on sweat equity, shall not issue sweat equity shares to its directors or employees at a discount or for consideration other than cash, for their providing knowhow or making available rights in the nature of intellectual property rights or value additions, by whatever name called, unless the issue is authorized by a special resolution passed by the company in general meeting.

When incorporating any business in India, it is important to structure it as per the company laws prevalent in that state.

A new amendment in the Companies Act, 1956 came into existence with the insertion of Part IX A. This inclusion was introduced in the form of Producer Companies.

All supporting documents including photograph should be certified by the Indian Embassy or a notary in the home country of the applicant or by the practicing chartered accountant or company secretary or cost accountant.

Having a DIN is mandatory now and in case of any changes, the DIN holder needs to inform the same to the Central Government.