Are you running a business in Karnataka? Beware! You may find an unsolicited guest at your doorstep! The Labour Inspector! Some of our clients had ‘nice time’ with them in the recent past! Why they will come? What they will ask for? What Notice they can issue? About the Notice …
Read More »Get Import and Export Code IEC in a day
I often used to visit the JDGFT office for following up on a IEC status. Client used to have a lot of issues without having allotted the IEC. The process involved was very lengthy, tedious. In the era of online world, obtaining an Import export code was in a manual …
Read More »Setting up subsidiary of foreign company in India
Mr. Gary an Industrialist, one day called me from US. He wanted to avail our services for setting up a wholly owned subsidiary Company in India. Through the conversation with him I understood that he had made enough research about setting up a wholly owned subsidiary Private Limited Company. …
Read More »How to start a private limited company
Mr. Mahesh an IT professional along with his colleague Mr. Bhupathi visited our office seeking our services in setting up a private limited company. Though they had read (in internet) about setting up a company, they wanted to know the entire process from us. When I asked, they said “The …
Read More »Get registration under Karnataka Shops and Establishment Act
Mr. Naddem, running a small company, came to our office one day with a notice received from a Senior Labour Inspector. I went through the notice and understood that notice was given by the Inspector for not obtaining registration under The Karnataka Shops And Commercial Establishments Act 1961. …
Read More »Time to come out from defaulter list – Company Law Settlement Scheme (CLSS) 2014
I often seen many Companies have not filed their Annual Returns and Balance sheet with Registrar of Companies for several years, especially startups have created company and not done anything other than registering a Company. As the delay increases, the Ministry of Corporate Affairs (MCA) includes in defaulter list and …
Read More »How to start a trust – Section 8 Company under Company Act 2013
As we had mentioned in our previous article, there are three ways to start a trust/ NGO. They are setting up a trust under Indian Trust Act, setting up a society under Cooperative Societies Act or Section 8 Company under Companies Act 2013. Erstwhile Section 25 Company (under Companies Act, …
Read More »Can Non Resident Indian (NRI) invest in Partnership firm or a proprietary concern?
The applicable rules for investment in a partnership firm or a proprietary concern under FEMA are summarized below – Automatic route – As per FDI policy of India, A Non-Resident Indian (NRI) or a Person of Indian Origin (PIO) resident outside India can invest by way of capital of a firm …
Read More »Protect your Brand. It’s your most valuable asset.
Beware! There are people who may copy the logo or the name of your company. The long years of your efforts in building the brand and your market share should never go unaddressed. The law of the land has a solution to protect your interest. You can register logo and …
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