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With a whopping population of 1.4 billion people, India is considered one of the fastest-emerging economies in the world at present. This is why a large number of foreign nationals are vying to invest in various sectors of the country. Be it any sector such as manufacturing, real estate, pharmaceutical, retail, fashion, or anything else, […]
Non Governmental Organizations (NGOs) are organizations which strive to work towards the betterment of the society. NGOs are formed with the goal of helping the minorities, underprivileged, and the destitute. In India, all the trusts, societies and section 8 companies are known as NGOs. These NGOs are also known by various other names such as […]
Transparency denotes the quality of being seen through with ease. Whereas, transparency in the context of the corporate world refers to good faith and honesty. Corporate transparency is way more than just being the ‘right’ thing to do by the businesses. Transparency in the corporate world is extremely crucial when it comes to governance and […]
In the 1950s, the Department of Company Affairs was first constituted after which it remained either a Department or a part of Ministry of Law, Ministry of Finance or Ministry of Commerce until 2004 after which it turned into a ministry and got its present name in May 2007. What is the Ministry of Corporate […]
The role of a shareholder agreement is quite crucial in a company since it defines the dynamics of a shareholder in the business. In addition, it is also an important document for business regulation purpose. Let’s get to know more about this company shareholder agreement in India in the further part of this post. Introduction: […]
In the corporate and law-based environments, compliance is not a foreign term as it has been used at various places to ensure that a unit or activity is being carried out in adherence to the prescribed methods. If we go more technical, regulatory compliance can be defined as a level of adherence an organization pays […]
Running a business successfully is a challenging job and there could be hundreds of reasons why businesses decide to shut down their operations. Technically, when a company closes its business operations, the process is called liquidation. In most cases, it happens when a business owner finds himself unable to carry out the business functions smoothly. […]
Though the presiding Modi Government of India has taken several bold steps during its tenure, one major step taken by the government was the introduction of Insolvency and Bankruptcy Code. There was no much awareness of bankruptcy in Indian capitalism and it was largely considered a shameful act. This is absolutely wrong as failures are […]
If you are seeking an answer to the query, “What is the meaning of statutory compliance?” then this article will be helpful for you Lets understand the meaning of statutory compliance first. An organisation have to adhere to multiple regulations made by the government and other authorities. However, statutory compliance is the obligation of an […]
Whether you are already running a business in India or looking to start, it is extremely necessary to taken into account all the legal compliances to give a safe and secure identification to your business identity. In addition, doing would help you avoid any underlying penalty due to non-compliance. A majority of business owners understand […]