What, why and how of Directors Identification Number (DIN)

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What, why and how of Directors Identification Number (DIN)There are certain questions that we get from our clients about the Directors Identification Number. In this article we try and discuss the reason why a DIN is required and what is the importance of the DIN. 1. What is a Directors Identification number (DIN)?Directors Identification Number (DIN) … Read more

How to Convert LLP to Private Limited Company?

How to Convert LLP to Private Limited Company?Conversion of a Limited Liability Partnership (LLP) to a Private Limited Company is not prescribed in the LLP Act, 2008. The Act is silent about such conversion and so is Companies Act, 2013. As on date the only procedure available for conversion is prescribed by Companies Act, 1956 … Read more

How to Convert a Private Limited Company to LLP

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

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

How to Convert my Proprietorship to Private Limited Company [Easiest way]?

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How to Convert my Proprietorship to Private Limited Company [Easiest way] ?Small business houses which are sole proprietorships often convert to private limited companies to spread their business and increase profits. Conversion to a private limited company is quite simple although it increases a number of mandatory compliances which are strictly required by Companies Act, … Read more

How to Register IT Company in India

How to Register an IT Company in India, Delhi

Information technology (IT) company means a type of company whose business is focused mainly on the development and manufacturing of technology products or providing technology as a service. Here, technology primarily means electronic-based technology. IT includes computer programming, network administration, computer engineering, web development, technical support and many other related occupations. Now let us see … Read more

How to Change the Address of Private Limited Company?

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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?

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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

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