Appointment of Auditor under Companies Act, 2013, Procedure & Solutions

Introduction In every class of Companies, it is very important to appoint an internal auditor. All the government and non-government organizations have to keep a record of their accounts and audit reports of each financial year. The Companies Act, 2013, laid the importance and provisions related to Appointment of Auditor, which would be further explained … Read more

How to Copyright a Song in India?

How to Copyright a Song in India Procedure The copyright protection begins at the time any work is created or invented, registration of the work solely depends upon the owner and is optional. Whereas, it is recommended to obtain a registration for the better recognition and protection of the work. It will act as prima … Read more

Compliances required for a Private Limited Company in India [2020]

Compliances required for a Private Limited Company

Compliance: Mandatory for Private Limited Company A Private Limited Company relishes a separate legal identity that requires sustaining its active status and smooth functioning through its regular annual filings and complying with the Ministry of Corporate Affairs. For every private company, it is essential to prepare a compliance checklist for the upcoming financial year because … Read more

Compliances required for a Limited Liability Partnership (LLP) in 2020

compliance required for llp

Introduction to LLP Compliances Limited Liability Partnerships were introduced in India following the Limited Liability Partnership Act, 2008. These were introduced as legal business entities, with a two-fold objective, ‘simple to maintain’ and ‘limited liability to the owners’ Thus it is essentially an entity that couples the benefits of the limited liability of a company … Read more

Protection of Well-Known Trademark in India: Rules and Regulations in 2020

well-known trademark

Introduction The legislations surrounding trademarks have indeed changed the notions of commerce and have pronounced influence on how trade is carried forward in this 21st century. The Trademarks Act 1999 was enacted by the Indian Parliament following the WIPO Resolution and the TRIPS agreement to which India is a signatory nation. It was the first … Read more

Suspension of the Insolvency and Bankruptcy Code, in light of COVID-19 Aftermath: Key Takeaways

Brief Introduction COVID-19 has indeed had an unparalleled, unprecedented impact on the whole of mankind. After a brief standstill of about 6 months, nations around the world have initiated the process to kickstart their operations. However, most nations find themselves at a deadlock with no plausible ways to move forward. With the global economy expected … Read more

Standard Operating Procedure for MSME Sector: Post COVID-19

Standard Operating Procedure for MSME Sector

Introduction Standard Operating Procedure for MSME Sector The Micro, Small and Medium Enterprises sector (MSME) has been the hardest hit courtesy of the COVID-19 pandemic and its aftermath. The restrictive nationwide lockdowns and disruption in supply chains worldwide have drained the entire life out of the sector. Demand is near to nil making it unfeasible … Read more

SOPs for movement of masses: The need for consensus between States and Centre in the NCR Region

What are SOPS? A Standard Operating Procedure, i.e., SOP is a technical document used in official business run throughs and government functioning. A Standard Operating Procedure usually entails out the order to take forward activities regarding the particular functioning of a system. A SOP usually helps in avoiding the need to work out the time … Read more

What are the Benefits of CHAMPIONS Portal for MSME?

The COVID-19 Impact & CHAMPIONS Portal CHAMPIONS Portal – With the entire world coming to a standstill courtesy of a raging pandemic, a plethora of other issues have also come to the forefront courtesy of the measures taken to combat the same. The economic issues especially are incomparable with any other. The International Monetary Fund … Read more