Trust is a concept that has been in practice since ancient times. This concept came into practice when properties were dedicated to charity, education, social welfare and medical purposes. The Indian Trust Act, 1882 came into existence keeping…
Trademark registration of India follows a procedure where the entrepreneurs have to define the class of goods and services of their business. There are a variety of trademark classes of goods and services that are available in India.…
Running a business is very challenging. A situation may rise wherein things go out of hand and the business owner may have to shut down his business. If your company is registered as a Private Limited Company and…
Let us understand what exactly a pay schedule means. A pay schedule is nothing but the dates on which salary is paid from an employer to an employee. A pay schedule is a combination of two pieces information,…
All about an appointment letter An appointment letter is given by the company to a person who is officially appointed to the company. This letter is usually given to the employee after he or she accepts the offer…
If an OPC is not operating for more than one year from the date on which it was incorporated, the owner can apply for closure of the company. This can be done through a normal procedure or through…
Introduction Nidhi Company is a type of NBFC and it is registered under the Companies Act 2013. It is involved in the business of borrowing and lending money to its members and works on the principle of mutual…
What is a Nidhi Company? Nidhi Company is a non-banking finance firm that comes under Section 406 of the Companies Act, 2013. The basic business of a Nidhi company is lending money to the member of the company. Permanent…
Microfinance services are basically for individuals who do not have enough access to banking and other related services. The privilege of micro financing is given to unemployed and individuals who draw a low income. Microfinance companies can provide…