If a parent company or holding company is the owner of 100% stocks of its subsidiary, then the subsidiary is known as a Wholly Owned Subsidiary.

What are the reasons for non-approval of the name applications?

Companies who were not satisfied with their name being stuck off by ROC, they can apply for the revival of their name under section 252 of Companies Act, 2013 by: Filling an appeal: A  company can file an appeal to revive the name of their company within three years from the date of struck off order given by ROC Application to the Tribunal: If any member of the company feels aggrieved and wishes to revive the company, they can write an application to the Tribunal to restore the name of the company.

Note: The concept of related parties is applicable for all listed companies.

One should keep in mind all the expenses, financial obligations, insurance premiums, business licensure, and applicable taxes.

The following companies can apply to the National Company Law Tribunal (NCLT) for revival: Companies that have been deregistered by the ROC Shareholders or debentures of a company that has been deregistered by the Registrar of Companies Workers of a company that has been deregistered by the Registrar of Companies.

Eligibility for Fast Track Merger (FTM) The applicability of Fast Track merger is only on the following companies: Small Companies As per the companies act the companies that are classified as small companies can perform fast track merger.

Statement to be furnished to fund rule 5 The company within ninety days of making any amount transferred to the Unpaid Dividend Account, needs to prepare a statement regarding the names, their addresses and the unpaid dividend to be paid to each person and place it on the website of the company, Rule 7 Manner of publication of notice In case of any application (Striking off application) made under sub-section (2) of section 248 of the Act, the company shall also place the application on its website, if any, till the disposal of the application.

If the transferor has made the application alone and paid for the shares as well, then the company acknowledges the transferee before registering the transfer.

The parent company is responsible for appointing the board of directors for its subsidiary unit.

This letter act as an insurance letter until the final share certificate is issued to the person Step – 3: Register of members A register is prepared by the company secretary to keep track of the applications received, allotment sheets and details of shares provided to the shareholder.

More than one joint shareholders can call for a general meeting by signing an application.

For start-ups dealing in Biotechnology the application, time is up to 10 years from the date of incorporation or registration.

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.

The conditions specified for the listed public companies will be applicable from the first year till the tenure of the Independent Director even in case where the paid up share capital, borrowings or deposits fall below the limits.

An Application for Commencement Certificate: A new Compliance is introduced where an application needs to be filed for the Commencement of business.

Who can apply for a succession certificate?

Any business entity (sole proprietorship, partnership, OPC etc.) can apply for the MSME certificate; however; there are different investment limits for the applicants.

Under what condition can a company apply for FTES?

Identification Documents Whenever we open a bank account, the applicant needs to submit the identity proof and hence while opening a bank account with a business it is no different.

Precautions to take before applying for the resignation By agreeing to become a director of a corporation, a person automatically accepts the duties and responsibilities related to that position.

According to sec 153, any individual intending to start his own company needs to apply for a DIN.

No human intervention: as the entire process is finalized online there is no man to man dealing and one can easily apply for the same. 2% rebate for MSME’s: all those industries who have registered with GST and holds MSME certificate are eligible for the rebate The amount varies from 10 lacs to 1 crore: according to your business requirement, the amount can vary anywhere between 10 lacks to 1 crore which is approved by the government.

The process will make it possible to extract and manage documents and apply various IT application on these records.

The registration process for SSI is the same as the procedure followed by MSME Step - 1: It’s a simple process where the applicant can file the application or authorise an attorney or agent to file on his part.

Registration Process for Shop and Establishment License For obtaining one, the application is to be made with the local municipal corporation for obtaining trade license.

Applicability of e-Form-22A The need for compliance is essential for companies that were registered on or before 31st December 2017.

If in case the records are lost due to any of the incidence natural or artificial disaster the company has to make a formal application to MCA to provide them with a duplicate resolution or copy of the passed resolution.

The company has filed a patent application with the EUIPO including designs for the bikes which are to be launched in the coming year.

Last year Samsung also filed an application for a foldable phone screen and it seems that now Apple is also doing the same.

The application for copyright registration also included several other famous dance moves of the actor.

Like other companies, Nidhi company can be incorporated by filing an online application with MCA.

Photo of the Applicant The applicant needs to submit a passport size photograph with MCA.

Generally, the tax rate applicable to Capital gain is 20% of the indexed capital gain.

An allotment number is generated upon successful filing and the same is communicated to the applicant’s registered e-mail.

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.

Step 1 Application for DIN and DSC DIN and DSC are an essential aspect of the registration of a company with MCA.

Checking the proposed name against the Trademark Database The directors or the company secretary need to cross-check the trademark database of IP India so that the name selected does not infringe upon an existing trademark or an application that is pending with the trademark office.

Called-Up Capital The Board of Directors of a Company allot shares to applicants once all the applications are submitted successfully.

Once the forms are submitted with the ROC, they will examine the application and then remove the name of the director from the master data of the companies.

The application is to be signed using the digital signature certificate (DSC) of the applicant and then verified digitally.

The applicant will have to obtain a trade license even if he is operating his business from his home itself.

Fill the application form with necessary details.

The entities need to follow the by-laws mentioned and if they are not complied with they attract penalties for the infringement of the provisions such as : The license owner that has committed a breach of the license will be liable to pay the penalty as may be prescribed by the MCD officers If the applicant doesn't renew his license within the time prescribed he is levied a 50% of the fee as a penalty.

Below are some of the additional business proofs that are to be submitted along with identity and address proof in case the applicant is a part of any company.

The Ministry of Corporate Affairs has made it mandatory to file all reports, applications and forms using a DSC only.

In the MSME segment, the Net Interest Margin (NIM) ranges from 4% to 7% and depends on the risk associated with the applicant and type of loan being applied.

The application for trade licence shall be made prior to 30 days of commencing business.

  Features of GST loan Scheme Applicable for all small and medium-sized enterprises (MSME) Collateral free loan that is entirely online The rate of interest relevant to this loan facility is 8% Can be availed in 60 minutes through GSTIN There is no need to pay any registration fees or any convenience charges as well.

The applicants that have business in more than one state need to register themselves irrespective of the fact that the applicant has a turnover less than 20 lakh.