Introduction Start a Nidhi Company : A Nidhi Company is a non-banking financial company (NBFC) in India, governed under Section 406 of the Companies Act, 2013. The primary purpose of a Nidhi Company is to encourage savings and thrift among its members and facilitate lending and borrowing within a closed group of individuals. Nidhi Companies… Read More »
Introduction What is a Nidhi Company? : A Nidhi Company is a non-banking financial company (NBFC) in India, governed under Section 406 of the Companies Act, 2013. The primary purpose of a Nidhi Company is to encourage savings and thrift among its members and facilitate lending and borrowing within a closed group of individuals. Nidhi… Read More »
Introduction Change in Paid-Up Capital : A Private Limited Company (Pvt Ltd) is a popular business structure in India due to its limited liability, separate legal existence, and ability to raise capital. One of the critical aspects of financial structuring for a Pvt Ltd company is its paid-up capital, which represents the actual amount received… Read More »
Introduction The Board of Directors of a Private Limited Company (Pvt. Ltd.) in India manages the company by making strategic decisions and ensuring regulatory compliance. However, they may remove a director due to non-performance, misconduct, resignation, or other reasons.” The Companies Act, 2013, prescribes specific procedures for removing a director, ensuring transparency and legal compliance.… Read More »
Introduction A Private Limited Company (Pvt Ltd) is a widely preferred business structure in India due to its credibility, limited liability protection, and ability to raise capital. As businesses expand, there may arise a need to add an additional director to enhance governance, bring in expertise, or comply with regulatory requirements. The Companies Act, 2013,… Read More »
Introduction LLP Change Partnership Procedure : A Limited Liability Partnership (LLP) is a preferred business structure for professionals and small businesses in India due to its flexibility and limited liability protection. Over time, an LLP may require changes in its partnership structure, such as adding a new partner, removing an existing partner, or altering the… Read More »
🧨 LLP Closure Procedure Revealed: Escape the Legal Maze Before It’s Too Late! 🎯You landed here because you’re asking LLP Closure Procedure 👉 “How do I close my LLP legally and cleanly?”👉 “What steps are involved, and what mistakes should I avoid?” This guide will uncover everything you need to know about the LLP Closure… Read More »
Private Limited Company Ownership Structure Introduction Private Limited Company Ownership Structure. A Private Limited Company (Pvt Ltd) is one of the most popular business structures in India, offering a balance between limited liability protection and operational flexibility. Governed by the Companies Act, 2013, a Pvt Ltd company provides entrepreneurs with a credible and scalable business… Read More »
Introduction OPC Ownership Structure : The concept of One Person Company (OPC) was introduced in India through the Companies Act, 2013, to provide a structured framework for individual entrepreneurs to operate a corporate entity. OPC allows a single entrepreneur to establish a company with limited liability while enjoying the benefits of a corporate structure. This… Read More »
Introduction CTC vs In-Hand Salary : When looking at a job offer, one of the most critical aspects that candidates focus on is the salary. However, many employees get confused between CTC (Cost to Company) and in-hand salary. While CTC represents the total expense an employer incurs for an employee, the in-hand salary is the… Read More »