In this article, we will learn the differences between a Private Limited Company and a Limited Liability Partnership.
A Limited Liability Partnership (LLP) is a partnership firm that provides the benefits of limited liability to its owners while retaining the flexibility of a traditional partnership.
An independent director shall be held liable, only in respect of such acts of omission or commission by the listed entity which had occurred with his [/her] knowledge, attributable through processes of the board of directors, and with his [/her] consent or connivance or where he [/she] had not acted diligently with respect to the provisions contained in these regulations.
Ministry of Corporate Affairs, Government of India has notified the amendment in the Companies (Accounts) Rules, 2014 which mandates the directors to report on requirement and the maintenance of cost records under section 148 of the Companies Act 2013.
In the Companies Act 2013, a Producer Company is defined as a company that is formed and registered under the Companies Act, with the objective of production, harvesting, procurement, grading, pooling, handling, marketing, selling, and export of primary produce of its members or import of goods or services for their benefit.
In this article author has tried to explain the procedure to be followed for Change of name of the Company (Change of name MCA v3 portal) while filing form RUN (Reserve Unique Name), Form MGT 14 and Form INC 24 in a brief and simplified manner
MGT-7 is an electronic form issued by the Ministry of Corporate Affairs for all companies for filing the data of their income and expenditure for the particular year.
One Person Companies (OPCs) in India are a unique type of corporate entity that was introduced in the Companies Act, 2013. The concept of OPCs was introduced with the objective of promoting entrepreneurship and providing a simpler form of business structure for individuals.
Bike protection is a sort of protection that gives monetary insurance to bicycle proprietors against misfortunes that might happen because of unforeseen occasions like burglary, mishaps, or harm caused to outsider property. In India, bike insurance coverage for at least third parties is required.
Section 8 companies, also known as Non-Profit Organizations (NPOs), are a type of company registered under Section 8 of the Companies Act, 2013.
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