Nidhi company vs NBFC vs. MF: what is the best business structure for you to start?

Nidhi Company Explained In order to choose the best business structure before you open a Finance Company, Nidhi company vs NBFC, MF etc, let us first understand what is Nidhi Company, that exists only in the Indian community. The term Nidhi means ‘treasure’. And in the Indian Finance sector, it has come to represent a [...]

2019-03-30T06:55:44+00:00Nidhi Company|

NBFC Evaluation: What aspects to check before buying one?

Before getting into the main components of NBFC evaluation, here is brief information about NBFC. Registered under the Companies Act, 1956, NBFC Registration is provided to the companies engaged in the business of: loans and advances, investments in stock/equity/shares/bonds/debentures and other Govt securities, hire-purchase, chit fund, lease, insurance business, but cannot include in: agricultural activity, industrial [...]

2019-03-30T06:46:24+00:00NBFC|

Company Registration: How to choose the right business structure?

Deciding to start a Business means making countless sacrifices and facing all kinds of challenges, big or small. There are too many things that need to be done and looked after. It becomes overwhelming if the full manpower hasn't been hired. Which is, generally, the case with every business, as they tend to start with fewer people [...]

Top Indian Cities to Pitch Startup Registrations

Since the last two decades, the startup culture is advancing popularity across the world. India, the world's seventh largest economy in terms of GDP and the third largest in terms of purchasing power parity (PPP), is also claiming a rank in the emerging startup world. After 2005 there is a sudden surge in startup registrations [...]

2018-11-05T12:11:25+00:00Company Articles|

Annual Compliances of One Person Company(OPC)

One Person Company Annual Compliances refers to the filing of various documents on an annual basis. One person company can be formed by one person only, who can act as a director as well as a shareholder. There were no provisions of forming a One Person Company in the Old Companies Act 1956. with [...]

2018-11-05T13:45:11+00:00One Person Company|

The Companies (Registration of Charges) Amendment Rules, 2018

Registration of Charge Once Registration of charges is made, it turns into the obligation of the organization to enlist those accuses to the Registrar of Companies. Alongside the archives that make a charge over the organization. According to the Companies Act, 2013, mentioned below are accompanying charges made on an organization must be enlisted with [...]

2018-11-05T12:40:15+00:00Company Articles|

The Companies (Registration Offices and Fees) Third Amendment Rules, 2018

Companies (Registration Offices and Fees) Third Amendment Rules, 2018 The Ministry of Corporate Affairs has vide notification dated June 12, 2018, has notified Companies (Registration Offices and Fees) Third Amendment Rules, 2018 by which format of Form DIR-3 and Form DIR-6 has been updated G.S.R. 558(E). Therefore, In exercise of the forces presented by  149 [...]

2018-11-05T12:52:03+00:00Company Articles|

Chit Fund Company and its Registration Process

Chit Fund Company A Chit Funds is a prominent kind of investment funds that operate in India as a principal part of the disorderly currency advertise industry. As well as Chit stores give access to investment funds and borrowings for individuals with constrained access to managing account offices. Thus, Chit stores are controlled by Chit [...]

2018-11-05T12:49:24+00:00Company Registration|

Appointment of foreign national as director of Indian company

Foreign National as director of Indian Company under Companies Act, 2013 Under the Indian Companies Act, 2013, six kinds of Directors are designated in a private limited company. This designated director of a company can be Women Director, Independent Director, Foreign National director, Small Shareholders Director, Additional Director, Alternative and Nominee Director. Therefore, the Act does not [...]

2018-11-05T12:52:31+00:00Company Articles|
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