If you want to drive a vehicle legally in India, a driving license is a must, as it acts as an ID proof and therefore it serves as an important document. Not having a valid driving license while you are driving is a punishable offence according to the Motor Vehicles Act of 1988. Therefore, it is important to maintain valid information about your driving license. In case you have moved [...]
A divorce can amount to be the most traumatic experience for any couple and can be a long-winded and costly procedure in India if the divorce is contested. Even if the couple mutually agrees to take a divorce, however, must have to prove to the court that they have been separated for a year before the court could consider their plea. In India, as with many personal matters, divorce [...]
What is the MoA Subscriber Sheet? MoA(Memorandum of Association) Subscriber Sheet is basically a hand-written document which contains details about the share-holding of the company. It is one of the main documents executed in the process to incorporate a company. The Share Certificates of the company are issued in accordance with the subscriber sheet in the first Board Meeting of the company. Basically, to complete the formality of the subscriber [...]
Moving to a new house can be a daunting prospect, especially if you’re moving somewhere that’s an improvement over your current residence. There’s so much to think about, and the moving process itself is only part of the overall potential headache that is climbing the property ladder. First and foremost on your mind should be “how am I going to finance my new home?”. The answer is a home loan! [...]
Ministry of Corporate Affairs (MCA) has introduced the new form of SPICe (single day – single stage) Company Registration. SPICe, which remains for Simplified Per forma for Incorporating Company digitally. The new SPICe frame exploits of re-designing of the current procedure and foundation of Central Registration Centre to complete government handling of fuse utilization of an organization in a solitary day. Flavor coordinates the portion of Directors Identification Number (DIN), name endorsement, fuse declaration, [...]
DIR 3 KYC: A Director's KYC form Know your client (on the other hand, know your customer or 'KYC') is the procedure of a business distinguishing and confirming the personality of its customers. The term is also used to refer to the bank and anti-money laundering regulations which govern these activities. Now, Central Government has extended the DIR-3 KYC for Directors as well. Just like Bank KYC, where governments want [...]
Introduction Corporate insolvency is a situation which comes when a company is unable to pay its debts to its creditors. There are two ways to check for corporate insolvency: Is the company currently, or will it in the future, be unable to pay its debts as and when they fall due for payment? Are the value of the company's assets less than the number of its liabilities, taking into account [...]
A Business bank account is a type of deposit accounts that are maintained by individuals who carry a higher number of transactions with their respective banks on a regular basis. These accounts are especially for the businessmen who require to have regular transactions for their business. Therefore, It is created by the bank only on request of the applicant. These are made for the frequent or immediate access to transactions. Current accounts [...]
Small Company as Per Companies Act 2013 A Small Company is privately owned partnerships, sole proprietorships or corporations. These type of companies have fewer employees or have small annual revenue than other structure of a business. The Businesses which are defined as "small" are in terms of being able to apply for government support and qualify for the preferential tax policies which vary depending on the country and the industry. Benefits [...]
The trademark applicants must monitor the status of their application. As monitoring, the status of registration or application ensures that all documents are timely acted. Documents by the applicant must be sent to USPTO and received from USPTO. The applicant can easily review the status of the application by visiting the website of USPTO. By reviewing the application you will not miss any important detail or update. How to check Trademark [...]
