Six Most Important Agreements for your Start-up!

By Team Lawgical Startup

Co – Founders Agreement | Operating Agreement | Intellectual Property (IP) Assignment Agreement | Non – Disclosure Agreement | Investment Agreement | Employment Agreement As a start-up founder, you have many responsibilities along with a long-term vision to be accomplished. Start-ups should ensure that they don’t end up in legal soup by missing out an…

Udyam Registration – New MSME Structure

By Team Lawgical Startup

Click here to read this article in HINDI The Central Government, has notified certain criteria for classifying the enterprises as micro, small and medium enterprises (MSME) and specifies the form and procedure for filing the memorandum (hereafter in this notification to be known as ―Udyam Registration), with effect from the 1st day of July, 2020,…

Nidhi Companies – Regulatory Perspective

By Team Lawgical Startup

The name “Nidhi” in Nidhi Company means “Treasure”.The purpose of incorporating a Nidhi Company is to encourage savings as well as thrift amongst its members. To fulfil this objective of cultivating the habit of saving and frugality amongst its members, Nidhi companies are allowed to take a deposit from and lend to the members only.…

Relaxation by MCA for non-filing of various e-Forms

By Team Lawgical Startup

DIN holders of DIN’s marked as ‘Deactivated’ due to non-filing of DIR-3KYC/DIR-3 KYC-Web and, Those Companies whose compliance status has been marked as “ACTIVE non-compliant” due to non-filing of Active Company Tagging Identities and Verification (ACTIVE) e- form are encouraged to become compliant once again and file DIR-3KYC/DIR-3KYC-Web/ACTIVE as the case may be. • Time…

Companies Fresh Start Scheme, 2020 (CFSS-2020) – Detailed Analysis

By Rounak

The Ministry has received various representations from stakeholders requesting for grant of one-time opportunity, so as to enable them to complete their pending compliances by filing necessary forms without higher/additional fees. In view of the same, the Ministry of Corporate Affairs (MCA) has come up with a new scheme COMPANIES FRESH START SCHEME, 2020 (CFSS-2020)…