The idea of a dormant company was not far-fetched hence is introduced in the companies act, of 2013. A dormant company indicates no transactions related to accounting in two years or whether it is established for an upcoming project in the future. Sometimes the dormant status of a company is used to hold valuable assets […]
The Ministry of Corporate Affairs (MCA) has issued Form STK-2 for removing a company’s name from the register of corporations, often known as winding up. The MCA will make Form STK-2 accessible for filling on the MCA portal on April 5, 2017. This article delves into Form STK-2 in depth. The procedure ends the company’s […]
Diamonds are used widely, from fashion jewelry to medical equipment. A diamond dealer gets their supply by contacting diamond mine owners and further selling these diamonds to retailers or jewelers. You should take the risk factor into account in addition to having extensive knowledge of the diamond market. As diamond dealers, traders, and brokers have […]
Indian online gaming business is the fastest growing business with massive scope in terms of investment and generation of employment. According to a KPMG report, this industry is expected to generate revenue in excess of Rs 29,000 Crore in 2025 with over 65 Crore users, employ over 70,000 highly qualified technologists and many others indirectly […]
The Ministry of Home Affairs (MHA) has put in place a stricter framework and norms by directing mandatory security clearance for Individuals from countries sharing land borders with India to be appointed as directors on the board of Indian Companies. The Ministry of Corporate Affairs (MCA) vide Gazette Id no. CG-DL-E-01062022-236214 & F.No.1/22/2013-CL-V dated 01st […]
“Value of a Trade Mark is directly proportional to your Aggression and Risk Ratio. ― Kalyan C. Kankanala, Fun IP, Fundamentals of Intellectual Property Trademark Registration Process in India is a process of securing the Company’s or Individual’s […]
Foreigner Regional Registration office is the primary agency to regulate the registration, movement, stay, departure, and also for recommending the extension of stay of Foreign nationals in India. Most of the Multi-National Companies, Wholly Owned Subsidiaries of Foreign Companies, and Foreign Companies having branch office in India has foreign nationals as director on its Board of Directors. The […]
NGOs are designed for welfare and are operational for providing service to the needy. In such case of mass, welfare the budget becomes a major hindrance, the government on the other hand provide many facilities and providers to promote and uplift NGOs in India. 80G & 12A Registration are two such facilities provided to NGOs. So, let […]
The feeling of starting your own company is a special one, you go through many ups and downs in your entrepreneurial journey and finally reach a state of Success. Yes, it is easy to speak of success and achievement but today we would like to speak and elaborate on the struggles that come along. We […]
India has always been preferred destination for foreign investors for long but the recent years it has witnesses a remarkable fund inflow in form of Foreign Direct investments and cross border merger. India is also extending it arms and showcasing its support to the investors outside India whether foreigner and NRI through recent corporate development […]