As per the Companies Act, 2013, and the mandatory regulations of Reserve Bank of India, there are some limitations in the acceptance of deposits in a Private Limited Company.
While referring to Section 29(4) of the Trademarks act, 1999 Indian court identify the essentials for dilutions that are: The attacked mark must have similarities with the injured mark.
It affects the trademark of the registered company and to overcome this problem, the person whom the trademark belongs needs to purchase it at an inflated price from the cybersquatter.
The old Companies Rules 2014 wanted all the companies to prepare and file an annual return which contains information that pertains to the company at the end of every financial year.
Auditing of the accounts of a company gives the regulators and shareholders of the company a fair impression of the existing financial affairs of the concerned company.