One Person Company (OPC) is a new type of business entity that allows a single person to operate a corporate entity with limited liability protection. The concept of One Person Company (OPC) in India was introduced through the Companies Act, 2013 to support entrepreneurs who on their own are capable of starting and operating a […]
SME exchange is a separate platform opened by Stock Exchanges to help Small & Medium Enterprises to raise equity funds through investors in Stock Market. For SME stocks to get listed and being traded on exchange, company has to come up with an Initial Public Offer (IPO) at Exchange’s SME platform. IPO is a way […]
MSMEs play a very crucial role in the economy of any country. They help in providing employment opportunities at comparatively lower capital cost than large industries. Ministry of MSME designs policies and promotes/ facilitates programmes, projects and schemes and monitors their implementation with a view to assist MSMEs and to help them to scale up. […]
REGISTRATION OF A PRIVATE LIMITED COMPANY MEANING A Company is a separate legal entity. In other words, a company is a separate person from its owners in the eyes of law. The members/owners/shareholders are separate from the company Thus, a company has a range of legal capacities and its members/owners/shareholders have no personal liability to […]
A foreign promoter can incorporate a Private Limited company in India. Following procedure is involved in registering a private limited company in India with foreign promoter(s): Required documents of foreign promoter: Following documents are required to establish identity of the foreign promoter. PAN card (not mandatory) Passport (Mandatory) Local Identity proof issued by Govt, of […]
SWEAT EQUITY SHARES – are Equity Shares issued by a company to its Permanent Employees and Directors, and Employees and Directors of Holding and Subsidiary Companies against valuable services rendered by them to the Company. INTENT : Generally Sweat Equity Shares are issued by a company to its employees or directors if they create or […]
A booming out-pour of Startups in India is the recent trendsetter. Recently, we have witnessed many low and high profile Start-Ups landing up in the Court of law fighting legal battles and sabotaging their reputation publicly. In order to avoid such mistakes, here are “8 quick tips” that a Start-Up must do to avoid such […]