OPC use Pvt. Ltd. OPC use Pvt. Ltd, No, an OPC (One Person Company) cannot use the term “Private Limited” or “Pvt Ltd” in its name. The Companies Act, which governs the formation and operation of companies in many jurisdictions, including India, specifically restricts OPCs from using the term “Private Limited” in their name.… Read More »
HUF be Partner in Partnership Firm HUF be partner in partnership firm: Yes, a Hindu Undivided Family can be a partner in a partnership firm. According to the Indian Partnership Act, 1932, a partnership can be formed between two or more individuals, including HUFs. In a partnership firm, the Hindu Undivided Family would be… Read More »
Company Administration Company Administration, A company secretary plays a vital role in ensuring the efficient functioning, compliance, and good governance of a company. Here are some reasons why a company secretary is important: 1. Compliance with Laws and Regulations: One of the primary responsibilities of a is to ensure that the company complies with… Read More »
Identify provision type In legal documents such as acts, regulations, and contracts, provisions usually number and may divide into subsections, clauses, and sub-clauses. Identify provision type To distinguish between a provision that is a sub-section or a clause, one can refer to the numbering system used in the document. For example, A provision numbered as… Read More »
Compliance with Secretarial Compliance with secretarial standards refers to adhering to the prescribed guidelines and requirements set forth by relevant regulatory bodies or professional organizations that govern the practice of company secretaries. These standards aim to ensure transparency, accountability, and good governance in the secretarial functions and practices of a company. Here are… Read More »