When an organization acquires a given measure of profits toward the financial year, a specific segment of it is typically held in the business for future contingencies and for safeguarding the financial position of the company. This money kept aside is called Reserve. It fortifies the company’s financial position What is a Reserve? When an … Read more
In this age of ever-growing technology, data privacy has emerged to become a hotspot of conflict and apprehension among digital consumers. If you are developing an app, whether, for Apple IOS or Android, you must include a thorough and encompassing privacy policy. This article will help you to understand why a privacy policy is essential … Read more
Section 149 (6) an independent director in relation to a company means a director other than a managing director or a whole-time director or a nominee director. Section 149 (6) an independent director in relation to a company means a director other than a managing director or a whole-time director or a nominee director. Who … Read more
Online Dispute Resolution (ODR) was conceptualised to cater to the needs of the continuously expanding internet users, looking for efficient, time-saving, inexpensive, and straightforward ways of dispute resolution. It contains a wide range of dispute resolution processes that capitalize on the ever-improving internet technology and enable the resolution of disputes through online mechanisms without requiring … Read more
There is also various other diligence that can be looked upon varying from company to company. There may be matters relating to privacy, confidentiality, intellectual property issues, and other potential issues. It requires meticulous research before investing or buying into a particular company in order to be on safe side. Making an investment in a … Read more
It is an 8 Digit Unique Identification Number allotted by Central Government to the Individuals who intended to become Directors in a Company or already are the Directors of the Company. Company is an artificial person having legal entity and holding Perpetual Succession. To run the Business of the company it is required natural persons … Read more
Each Company independent of size, kind of business, classification of business and so forth will have its offer capital classified under different sorts in the fiscal report. What is the Authorized Capital and Paid-up Capital? Each Company independent of size, kind of business, classification of business and so forth will have its offer capital classified … Read more
According to the Companies Act, 2013, an alternate director is a person who is appointed by the Board of Directors, as a substitute from the director that is absent from India for a period, not less than 3 months. What is an alternate director? An alternate director can be appointed as a director on the … Read more
Partnership in business arises when existing proprietary interest has got some growth and there is an intention of the proprietor to expand the existing business. Partnership in business arises when existing proprietary interest has got some growth and there is an intention of the proprietor to expand the existing business. Partners are a group of … Read more
The use of apps has been enormously increased and it became a compulsion to create an app of your own if you’re having a business which is product-oriented or service-oriented. The use of apps has been enormously increased and it became a compulsion to create an app of your own if you’re having a business … Read more
