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Differential Voting Rights (DVR): Easier Norms and Raised Ceilings


DVR is known as Differential Voting Right and is commonly issued by the companies to prevent hostile takeover and the dilution of voting rights.

21 Aug 2019 by Archi Bhatia

Various types of Companies you can register for your Business


Various types of company can be incorporated under the Companies Act, 2013. They are briefed as follows:1.Private Limited Company : 2.Company limited by shares :3.Company limited by guarantee :4.Unlimited company :5.One Person Company :6.Limited Company

26 Dec 2016 by Ankan Bose

Liability of Shareholders in Private Limited Company


Liability of shareholder in Private Limited Company is limited to the unpaid amount of share capital which is mentioned in the MOA & AOA only. Directors are responsible for the act of the company, Not shareholders.

14 Apr 2017 by Tejaswi Kumar Singh

GST Composition Scheme


The government has launched a composition scheme for businesses that are involved in the unorganised sector and have a turnover of less than 1.5 crore per Annum.

17 Aug 2019 by Koushal Dougra

Performing and Internal Audit


Internal Audit is a process of evaluating the financial aspects of the company representing the reliability of financial information of the department/unit within the company for a specified period.

13 Dec 2021 by Bhawna Arora

Application Procedure for Design Registration


Application Procedure for Design Registration:Submission of the Documents: Address Proof,Nationality,Name of the article,Class number.Examination.Acceptance & Notification.Further Refusal.Appeal.Abandonment

30 Apr 2016 by Titly Chatterjee

Company Amendment Bill 2016


Company Amendment bill 2016 which is a more refined version of the 2013 act.The major shortcomings of the 2013 act were that it was overly limiting and a hindrance to productiveness.

26 Sep 2016 by Titly Chatterjee

Non-Banking Financial Company (NBFC)


NBFC's are financial organisations that do not have full banking license but they provide financial services similar to that of banks.These companies are registered under Companies Act, 1956 and Companies Act,2013.

06 Apr 2018 by Archi Bhatia

Nidhi Company vs. NBFC


Nidhi Companies are formed with the aim to inculcate the habit of saving money among its members. On the other hand, NBFCs are engaged in the business of loans/advances/ acquisition of securities, etc.

09 Dec 2021 by Bhawna Arora

Applicability of SARFAESI Act for NBFC


SARFAESI Act is a legislation that helps financial institutions to ensure asset quality by addressing the problem of Non-performing assets. SARFAESI act gives special power to banks and financial institutions.

18 Jun 2018 by Archi Bhatia