Non-Governmental Organisations (NGOs), also known as non-profit organisations, are formed to promote social welfare, education, charitable causes, environmental protection, and community development. In India, an
Asset Reconstruction Companies (ARCs) – Business Model Banks are financial institutions primarily engaged in lending and borrowing money. Given their large customer base, lending activities
Promoters are essential in setting up a company, starting right from its initial idea. A promoter can be an individual or a group who comes
A Corporate Identification Number (CIN) is a unique identifier assigned to every company registered in India. It plays a crucial role as companies must mention
The Companies Act, 2013 introduced the concept of a One Person Company (OPC), allowing a single individual to establish and manage a company. An OPC
Startups are rapidly growing in India, serving as hubs of innovation and efficiency. They can be founded by a single individual or a team of
Anyone with a business idea can turn it into reality by incorporating a company. In India, any individual—including foreign nationals, NRIs, or students who have
A sole proprietorship is one of the easiest and most popular forms of business ownership in India. It suits individuals who wish to start a
According to Section 234F of the Income Tax Act, a taxpayer who fails to file the Income Tax Return (ITR) before the deadline may have
What is a Company Strike-Off? A company strike-off refers to the removal of a company’s name from the Register of Companies by the Registrar of
Step 1: Visit the MCA Website Go to the official MCA website: www.mca.gov.in Step 2: Navigate to ‘MCA Services’ Hover over the ‘MCA Services’ tab
What Constitutes a Small Company? Under the Companies Act, 2013, a ‘Small Company’ is defined as a private company that: Paid-up Share Capital: Does not
The Companies Act, 2013 (“the Act”) governs the procedure for incorporating a company and issuing the certificate of registration. A company formed in India is
