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.

Every company after its incorporation is legally required to register for an office address within 15 days where all the government notices, agendas and other legal documents and communications are being addressed.

Also Read: What is a DSC and DIN   In case of Public Limited Company, no restriction on the transferability of the shares is there but complete restriction on the transferability of the shares of a Private Company through its Articles of Association, whereas there is no restriction on the transferability of the shares of a Public company apart from having the limited liability feature enjoys several Public Limited Company is the biggest and the most powerful form of business in India.

The structure should be: Once you have decided on a name, do a Trademark Search to check if you are accidentally infringing any existing trademark To check the name availability with MCA, you can go to www.mca.gov.in so that you are sure that no other business is using that name that you are considering to use Name approval process is governed by Ministry of Corporate Affairs (MCA) as per the Company Name Availability Guidelines issued under Companies Act 2013 Company Address ‘Company Address’ is the address of the Registered Office of the proposed company which is used for all official communications.

There are certain other benefits of LLP which makes it a recommended form of business; It is a renowned form of business that is been worked out in India successfully.