Written By: Team SeedUp
Date: 03/05/2023
The term 'Professional Tax' may be one of those that does not fully reflect the true sense of the term. Contrary to what the name implies, it is not a levy imposed only on professionals........
Written By: Arunava Datta
Date: 03/05/2023
We come across many people who are appointed as Directors in more than 50 companies. This blog makes an attempt to decode the maximum number of companies in which an individual can hold directorship......
Written By: Arunava Datta
Date: 03/05/2023
Introduction
The term ‘Capital’ has a variety of meanings. It may mean one thing to an economist, another to an accountant, while another to a businessman or a lawyer. A layman views capital as the money, which a company has raised by issue of its shares.....
Written By: Arunava Datta
Date: 03/05/2023
In theory, auditors are professional watchdogs, appointed by the shareholders, who check the genuineness of financial statements prepared by the management of the company and form an opinion for the shareholders who have made the management, in some sense, trustees of their assets......
Written By: Swati Baid
Date: 18/05/2023
Startup
Who is eligible to enroll under the DPIIT Start Up Scheme
Written By: Robin Mishra
Date: 18/05/2023
A company is a legal entity formed by a group of individuals or entities with a common objective of carrying out a specific business activity. In other words, it is an association of persons who come together to carry on a commercial or industrial enterprise.......
Written By: Swati Bajaj
Date: 24/05/2023
Under the Startup India Action Plan, startups that meet the definition as prescribed under G.S.R. notification 127 (E), are eligible to apply for recognition under the program. The Startups have to provide support documents.....
Written By: Swati Bajaj
Date: 24/05/2023
1. Merger/Demerger/Acquisition/Amalgamation/Absorption: The resultant entity or entities formed due to such activities will not be eligible for recognition as a Startup. However, mergers or amalgamations under.......
Written By: Swati Bajaj
Date: 24/05/2023
Introduction:
The Companies Act, 2013 mandates the maintenance of various registers by companies to ensure compliance with legal requirements. These registers play a crucial role in documenting and recording essential information related to the company's shareholders, directors, key managerial personnel, charges, contracts, and other significant transactions......
Written By: Swati Bajaj
Date: 24/05/2023
Introduction
The Micro, Small, and Medium Enterprises (MSME) sector plays a vital role in the economic growth and development of a country. In India, the MSME sector is governed by the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006. One significant provision of this act is th....
Written By: Swati Bajaj
Date: 24/05/2023
Introduction
In the competitive landscape of startups, attracting and retaining talented employees is crucial for long-term success. One effective way to achieve this is by implementing an Employee Stock Ownership Plan (ESOP). ESOPs provide employees with an opportunity to become shareholders, aligning their interests with the company's growth. In this blog post, we will provide a detailed step....
Written By: Swati Bajaj
Date: 24/05/2023
Introduction
Limited Liability Partnerships (LLPs) have gained popularity as a flexible business structure that combines the benefits of both a partnership and a company. LLPs require the appointment of designated partners who are responsible for managing the affairs of the LLP. One question that often arises is whether a designated partner can be appointed without making any contribution in the form of capital or assets to the LLP. In this blog post, we will explore this topic and shed light on the legal provisions and practical implications related....
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