Are LLP regulated Limited Liability Partnerships (LLPs) have gained popularity among entrepreneurs and professionals for their unique blend of flexibility and protection. However, a common question arises: Are LLPs regulated? Understanding LLPs An LLP is a business structure that allows partners to manage the business while enjoying limited liability protection. This means that individual partners… Read More »
Can an OPC have two directors No, an OPC (One Person Company) can have only one director. As per the provisions of the Companies Act, 2013 in India, an OPC can have only one director who is also the sole shareholder of the company. The concept of an OPC is designed to enable single-person entrepreneurship,… Read More »
Secretarial Standards Secretarial Standards, Indeed, specific corporations in India are obligate to adhere to secretarial standard, ensuring their compliance with regulatory requirements. The Institute of Company Secretaries of India (ICSI) has issued Secretarial Standard that are applicable to companies based on their size, turnover, and other criteria. Secretarial Standards provide guidelines and rules for the… Read More »
Do We Need DSC and DIN for Each Partner in an LLP When forming a Limited Liability Partnership (LLP), the process involves various formalities, two of which are obtaining a Digital Signature Certificate (DSC) and a Director Identification Number (DIN). Many prospective business owners wonder: Is it necessary for each partner in an LLP… Read More »
Corporate Secretarial Compliance Corporate secretarial compliance refers to the adherence of a company to the legal and regulatory requirements related to corporate governance and administrative obligations. It encompasses various activities and responsibilities that ensure the company operates within the legal framework and fulfills its obligations towards stakeholders, regulatory authorities, and the general public. Some key… Read More »
Secretarial compliance Secretarial compliance, refers to the adherence and fulfillment of legal and regulatory requirements related to corporate governance and company law by a company or organization. It involves ensuring that the company’s activities, operations, and decision-making processes comply with the applicable laws, regulations, and guidelines. Secretarial compliance typically covers a range of activities and… Read More »
Corporate Secretary Website Link Corporate Secretary:”Yes, a company secretary can sign board resolutions. In fact, the Corporate Secretary often plays a crucial role in preparing and signing board resolutions on behalf of the company. The board resolution is an official document that documents the decisions and activities undertaken by a company’s board of directors in… Read More »
