This section will provide information about business management and operations. Latest changes, procedures and tips
How to Convert a Private Limited Company to LLP?Companies Act, 2013 requires companies to comply with way too many procedures. This not only takes time but also becomes costly. Thus many small private limited companies have opted to convert to LLPs. LLP or Limited Liability Partnership is a hybrid entity that has features of a … Read more
When Should I Register My Company or LLP or Partnership Firm?Every organizational structure and entity type has its merits and demerits. When it comes to choosing a structure everyone has a different opinion but one should select it purely based on their needs. There are various aspects that need to be looked into. For instance, … Read more
Quick Reference Guide to Selling on SnapdealSnapdeal is an e-commerce marketplace that allows various people to register on it as sellers and sell products to consumers on it. On every item that is sold, Snapdeal charges a small commission. After deducting the commission and taxes the amount is transferred to the seller’s bank account. Snapdeal … Read more
How to Change the Name of a Private Limited Company? To Change the Name of a Private Limited Company requires change in the MOA (Memorandum Of Association) of the company the rules of which are present in Section 13 of Companies Act, 2013 and Companies (Incorporation) Rules, 2014. Name of a Private Limited company is to be … Read more
As per Section 12 of Companies Act, 2013 a company needs to have a registered office within 15 days of receiving its Certificate of Incorporation (COI). It shall also submit address verification within 30 days of its incorporation. How to Change the Address of Private Limited Company? To Change of address can be classified into … Read more
How to Open a Bank Account of a Private Limited Company?Reserve Bank of India is strict when it comes to KYC (Know Your Customer) norms. But that’s not a problem with companies. Since companies have a separate legal identity it is quite easier to open a current account. After receiving the Certificate of Incorporation (COI), … Read more
Companies Act, 2013 not only re-organized the provisions of Companies Act, 1956 but also introduced some new ones. One of them being the appointment of a Women Director in Private Limited Company. Till now there was no such provision but in order to give confidence to women, the new Companies Act provides for appointment of … Read more
What are the Post Incorporation Compliance of a Private Limited Company? Simply getting a Certificate of Incorporation is not enough. Companies Act, 2013 lists various provisions that need to be complied with once Certificate of Incorporation is received by a Private Limited Company. Companies Act, 2013 has increased the number of compliances which a private … Read more