Know About the Ratification of the Pre-incorporation Contract and Its Validity To formulate the pre-corporation contract is considered to be the most complicated form of legitimate obligation for any company. Hence, it is advisable to take legal advice about the pre-incorporation contract to make sure that you are moving ahead in the right direction. It tends to set up…
Conditions Under which Change in Partnership Can Occur A partnership deed is an agreement between a firm’s partners, which states the terms and conditions, such as the profit-sharing method, a new partner’s admission, salary, and other details. Moreover, it is drafted at the time of the formation of the firm. Sometimes a change in partnership…
How GST Came into Existence Learn About GST Compliance Rating In 2017, the government of India introduced a new type of tax to take away the variation in the taxes paid by the people. This new tax is called GST or Goods and Service Tax that has removed many indirect taxes like value-added tax, excise duty…
Simplified and Detailed Process for LLP Registration Process in India India has become the preferred hub for the growing economic market. People are constantly looking forward to start their new venture here. If you are also looking forward to establish a new business in India then it is a wonderful opportunity for you to grow and excel…
The Ways in Which Outsourcing Company Secretary Can Benefit Your Firm Setting up and running a corporate is no easy task and involves several legal procedures and compliance requirements, which only a competent company secretary can handle. A secretary’s job is a responsible position and involves functions like organizing meetings, interacting with shareholders, maintaining records,…
Understanding the Drafting Process of Contracts with Indian Companies Contracts hold businesses together. No matter what type of business or trade you are into, the basic knowledge of the validation of contracts and agreements is an absolute requirement. Every investment and collaboration of a company is bound by a contract, directly or indirectly. Making contracts…
Why and How to Do the Notarization of Documents in India Notarization of Documents in India determines the verification of the document for its purpose and identifying validity. It not only protects the signer but also maintains the purpose of the document. However, all the documents do not need notarization, and for some like financial…
Essential Requirements for Limited Liability Partnership Formation The process for Limited Liability Partnership Formation in India is a simple one and requires providing several documents to the Registrar of Companies (ROC). Limited Liability Partnership is a very favourable business structure for small-sized firms and start-ups. It gives the advantage of limited liability like a private…
