The concept of One Person Company was introduced in India for the first time with the enactment of Companies Act, 2013. An OPC is a better version of a sole proprietorship as the former provides limited liability protection to the sole owner unlike the latter. This concept is relatively new in Indian corporate law, but […]
Finance companies are the heartbeat of the financial sector in India. They ensure the money keeps flowing across the economy. A finance company provides loans, makes investments, manages funds or offers financial protection to customers through insurance and other services. Since finance companies handle financial transactions, they are heavily regulated by the Government of India […]
A corporate insurance agent, also known as a corporate insurance agency, is a legal entity that solicits, procures and services insurance policies on behalf of insurance companies they have collaborations with. To start a corporate insurance agency in India, it is mandatory to obtain a corporate agent license. This license is issued by Insurance Regulatory […]
Brand registration, otherwise known as trademark registration, is an important step to protect your brand’s identity and reputation in marketplace. It is a process that involves applying for legal protection of your brand name, logo or symbol and obtaining exclusive ownership over the brand. The process of brand registration can be a little confusing, especially […]
Whenever you buy packaged food such as a packet of chips, a box of cookies, a tin of chocolates or any other packaged food product, you must notice that the packaging contains important information about the product. On the package, you can find details like the ingredients used in product, nutritional value, date of manufacture, […]
ROC full form is Registrar of Companies. It is a government authority operating under the Ministry of Corporate Affairs, which is one of the union government ministries in India. The ROC is majorly responsible for regulating and maintaining records of the registered companies in the country. Whenever a company is incorporated or files documents pertaining […]
On 18 May 2026, Union Minister of Commerce and Industry Shri Piyush Goyal, announced that India has set a target of achieving exports worth 1 trillion dollars this year. He added that our nation has a goal of reaching 2 trillion dollars over the next five years. Further, the Union Minister stated that this achievement […]
Many individuals who want to work for social welfare and charitable causes in an active manner decide to go for Section 8 Company registration. Basically, it is the process of registering a non-profit organization under the Companies Act, 2013 for promoting objectives like education, charity, environment and social welfare. Successful registration of such a company […]
The pre-packaged commodities are products that are packed without the purchaser being present. Such commodities are governed by the Legal Metrology Act, 2009. Under the Act, importers of pre-packaged commodities must obtain the LMPC license. However, this license alone is not enough. Importers also need Import Export Code (IEC) registration, GST registration and business registration. […]
Under the Delhi Legal Metrology Rules, CM Rekha Gupta-led Delhi Government has introduced major reforms. The requirement for periodic license renewals for manufacturers, dealers and repairers of weights and measures has been removed. Additionally, to make the licensing process for licenses fully digital, the government plans to introduce a mobile application. Earlier, before granting licenses, […]