According
to the section 406 of the Companies Act of 2013, Nidhi Company is the
non-banking financial institute that is established with the objective to
develop the habit of saving amongst its members. Nidhi Companies accept deposit
and provide loan among its members only. Nidhi companies work according to the
guidelines of Reserve Bank of India. Although, they can perform their operation
without any imperative condition of getting any license from RBI. Seven members
can commence Nidhi company, and within one year the company must ensure that it
has not less than 200 members.
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Wednesday, October 28, 2020
Advantages of Nidhi Company
Monday, October 12, 2020
Litigation Services by Prestigious Law Firms of India
There
are so many law Intricacies involved in the business. Business person needs to
be careful and innovative while handling a business. A lot of responsibilities come
while running a business and the protection of the business is one of the most
important responsibilities. In India, there is a lot of commercial law that applies
to the business, and these laws are used to solve any dispute among the company,
customer, and some other company. Therefore, it is not possible for a business
person to know about all laws related to business. In such scenario litigation
services in India by law firm are recommended.
Tuesday, September 29, 2020
How ISO Certification Can Help the Business?
Small
and medium enterprises often struggle to maintain quality of services,
therefore there is a fewer chance for small and medium businesses to sustain
and grow. Thus, the most effective tool for an SME to attain sustainability in
its processes is ISO certification. ISO stands for International Organization
for Standardization that ensures quality management in small and medium
organizations.
Tuesday, September 15, 2020
ESI Registration Services in India by Law Firm
The Employee State Insurance or ESI is a prominent scheme by Government of India, which provides medical, monetary and other benefits to workers. It is an autonomous body termed as Employee State Insurance Corporation, and its operations are managed under Ministry of Labour and Employment. According to the labor law, the companies that have more than 10 employees need to have an ESI. The taxpayers having turnover less than Rs.1.5 Cr. can apply for composition scheme to get rid of tedious GST formalities and pay GST at a fixed rate of turnover.
Friday, September 4, 2020
Legal Compliance Audit Services in India by Law Firm
A
legal compliance audit is defined as the review of internal legal and
administrative structures of the business. It accesses the operations and inter-connections
of the company with its external surroundings.
It is an essential step for the business as it will administer any
potential risk and highlight the areas that require attention for ensuring full
compliance and minimal risk.
Wednesday, August 19, 2020
Cheap and Best Legal Process Outsourcing Services in India
Legal outsourcing
service has become highly prominent in India over the last few years. It is a
process of outsourcing of legal processes of a company to Indian legal firms.
It can be due to numerous reasons, including operational cost-cutting of the
company. But, a company chooses India explicitly as an outsourcing partner
because of the deftness and experience of Indian legal firms in LPO
services.
Saturday, August 1, 2020
Online Company Registration Services in India by Law Firm
Online Company registrations
services become very famous around the world. The online registration system
facility has made any kinds of company registration into a very fast,
economical and simple process. Online company registration services help
the entrepreneurs to save a lot of time and money. In India, the law firms
which offer online company formation services provide complete solutions for
company formation. This online registration system saves a lot of resources
because the costs of solicitors and accountants are eliminated.
Why to Hire Professional Legal Firm for Trademark Services?
Plenty of legal aspects need to consider in business. In case, if you fail to follow any legal requirements in business, then it affects t...






