Section 135 of Companies Act(2013) and Schedule VII of the same Act mandates that companies having a net worth of Rs 500 crores or more, or turnover of Rs 1,000 crore or more, or net profit of Rs 5 crore or more in the previous financial year have a CSR committee and spend at least … Read more
Rebranding refers to the process of changing the corporate image of your business . Rebranding refers to the process of changing the corporate image of your business . It is a market strategy of giving a new name , symbol or design for an already established brand . In simple words Rebranding is simply changing … Read more
A good proportion of the advertisements you come across contain just puffed up facts about the product features! This would mean that Rin is definitely not fetching you awe-filled stares while you walk in slow-motion down the road. Let me surprise you with a fact: A good proportion of the advertisements you come across contain … Read more
A public company can always invite the public to subscribe to its share capital or debentures, whereas a private company arranges its share capital privately. It solely depends upon the Public Company whether it wants the public to subscribe to its share capital or arrange people privately in order to invest in its share capital. … Read more
Paid-up Share Capital, also known as paid-in capital or contributed capital is the amount received from the shareholders by the company in exchange for shares of stock. The members of the Company at any time may Increase or Decrease the Share Capital of the Company. The mode of Increasing the Share Capital of the Company … Read more
Section 2(68) of Companies Act, 2013 defines private companies. According to that, private companies are those companies whose articles of association restrict the transferability of shares and prevent the public at large from subscribing to them. The term ‘Company’ means a class of people associated together for a common goal or purpose such as business, … Read more
A private limited company has to/ winds up when the purpose with which the company is fulfilled or if the company has become defunct with NIL assets and no liabilities. A private limited company has to/ winds up when the purpose with which the company is fulfilled or if the company has become defunct with … Read more
The shift from traditional partnerships to Limited Liability Partnerships (LLPs) has increased in recent years. The reason behind this is that LLPs offer more flexibility, unlimited partners and the like The shift from traditional partnerships to Limited Liability Partnerships (LLPs) has increased in recent years. The reason behind this is that LLPs offer more flexibility, … Read more
New entrepreneurs entering into the industry of import-export has a lot of questions regarding its initiation. The documents required and the guidelines that one should follow during the process have been listed down: I. Setting up the business entity Create a business setup. For starting the import-export business one needs to determine the form your … Read more
Right to Information Act, 2005, is an improvisation of the Freedom to Information Act, 2002. It is a fundamental right. The purpose behind it is to enable every citizen (natural born persons) to obtain information under the control of the public authorities. How to file RTI both online and offline Right to Information Act, 2005, … Read more
