Prime Minister Narendra Modi announced Startup India Campaign on 15th August 2015 with a view to improve the ‘Ease of Doing Business’ in the country and create an ecosystem that is conducive for the growth of start-ups. What do you need to start a business? Only three simple things: Know your product better than anyone,…
There are many business models such as proprietorship or LLP or Company, the decision depends on many economic and legal factors. Among all others, Private Limited Company is the most popular form of business, but there are various compliances which are required to be followed, once your company is incorporated like reporting of financial results,…
Non-Governmental Organization ‘NGO’ is a non-profit social service voluntary organization of community, persons, volunteers, civilians or citizens. NGO is registered with Government registering authorities but it is managed, operated and worked by its members and associated persons under and as per the rules. NGO works to improve the working patterns, enhance the policies, improves and…
Private Limited Company is one of the most popular business structure among startups and business houses. Many entrepreneurs while starting their business journey, struggle through a critical decision of selection of structure of business entity. Not every type of business structure (say partnership firm, sole proprietorship, private limited company, LLP, etc.) are suited for all…
Pre-requisites of Buyback | Steps for Buyback of securities | Modes of Buyback | Source of Funds | Other provisions related to Buyback | Transfer of certain sums to Capital Redemption Reserve Account | Circumstances in which Buyback is Prohibited The literal meaning of word ‘buyback’ is ‘repurchase’. Buy back of securities means purchase of…
Procedure for Conversion – Conditions for conversion – Key benefits – other important points Usually entrepreneurs start their business ventures in the form of Sole Proprietorship, reason being it is the simplest form which has least maintenance cost. Alongside, the owner has the complete control of the business and the ownership remains in his hands.…