The new Company Law has specified multiple new conditions and checks to ensure only right people act as Directors in Companies.
General Partnership is an unlimited liability form of doing business. As business grows, it may make sense for existing Partnership to convert to a better structure like Private Limited so as to get more flexibility and limit Promoter’s liabilities.
any businesses which had to incorporate as Private Limited but are more suited in LLP form can look to migrate/ convert to LLP thereby reducing various compliance and reporting requirements associated with a Private Limited Company.
The various requirements to setup such office, rules, laws, taxes and compliances associated.
The various types of shares or securities available to companies
General Partnership is an unlimited liability form of doing business. As business grows, it may make sense for existing Partnership to convert to a better structure like LLP so as…
Foreign companies looking to do business with India may need an office to promote the imports/ exports or to represent them in a better fashion with customers and suppliers. In…
What steps you should follow to permanently hire allowed Interns in your company?
. Many Entrepreneurs are clueless about the role and responsibilities of the Director from Company Law’s viewpoint. This leads to greater non compliance and can also lead to litigations and penalties.
There are multiple classes of Director with different roles and expectations. Most of the time, we speak only being a Director in the Company (which is the most common form) but are not aware of the other types.