As Per Section 59 of the Motor Vehicle Act 1988, the Central Government hereby notifies the following guidelines for setting up, authorization and operation of AVSF (Authorized Vehicle Scrapping Facility) in the country.
Companies are divided into listed companies and unlisted companies. Listed companies have their shares registered in a particular stock exchange. The Securities Exchange board of India (SEBI) is the main authority that governs the listing of securities and stocks in stock exchanges in India. Therefore listed companies have to be in conformity with the rules related to the SEBI.
A Chief Executive officer(CEO) is the most senior corporate, executive, or administrative officer in charge of managing an organization especially an independent legal entitysuch as a company or non-profit institution.
A scrutinizer is a person who observes any process which requires rigorous oversight, either to prevent the occurrence of corruption or genuine mistakes. It is most commonly known as part of voting in an election, where the scrutinizer observes the counting of ballot papers, in order to check that election rules are followed.
As per Section 121 (1) of the Companies Act, 2013 every listed public company has to file MGT 15 (Report on Annual General Meeting) in less than 30 days from the completion of the Annual General Meeting.
The Companies act 2013 has introduced new provision called Dormant Company. This concept is also known by profession as Asset Shielding Concept.
The LEI was created to help control counterparty risk by allowing the identification and linkage of parties to financial transactions. Its purpose is to make systemic risk measurement and monitoring easier and more cost-effective, as well as to assist more cost-effective compliance with regulatory reporting requirements.
Companies considering the interest of all its well-wishers, who want to report genuine concerns within the organization, implements the Vigil Mechanism/Whistle Blower Policy.
The partners need to check the LLP agreement, in case it provides for the procedure for shifting the registered office of the LLP. In case no procedure is prescribed, obtain consent of all partners regarding change of registered office.
A Sole Proprietorship is a business entity that is wholly owned and controlled by an individual, it is a good form of business for individuals who want to start small but as business grows it necessitate converting it into some greater form for greater advantages.
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