Registration of One-person Company
Big Shots

Registration of One-person Company

One-person company is a proficient way to start a company. The concept was introduced in India through Companies Act, 2013. It is a method of self-employment introduced to boost up the economy of India.

Continue Reading about 5 years ago
One Person Company
Big Shots

One Person Company

One-person company (OPC) is a new concept introduced for the first time in India, in the 2013 Act based on the recommendation of the J. J. Irani Committee. As per the definition enshrined in Sec. 2(62) of the Act, there will be only one member in the OPC. Only a natural person can be its sole member.

Continue Reading about 5 years ago
Investigating the Affairs of LLP
Big Shots

Investigating the Affairs of LLP

A limited liability partnership, as its name suggests is a business organization where through the partners bring investment in the firm, they have a limited liability towards the dues of the partnership. Therefore, it provides the advantage of limited liability of the partners, like a company, and the organization and management of their entity, like a partnership.

Continue Reading about 5 years ago
Memorandum of Association
Big Shots

Memorandum of Association

Whenever a company is incorporated either Private or Government Undertaking, there are some requirements which must be complied at the time of its incorporation. Without these requirements being complied with no company can be incorporated legally under the Companies Act for the time being in force.

Continue Reading about 5 years ago
Articles of Association
Big Shots

Articles of Association

Articles of Association or AOA are the set of rules, norms, laws and regulation around which a company’s internal affairs are conducted. AoA along with the Memorandum of Association (MoA) defines the outline of the company constitution. AoA is ought to be submitted at the time of application for incorporation of the company. 

Continue Reading about 5 years ago