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A K Prasad

Latest Posts by A K Prasad

Purchase/Sale of Capital Instruments of Indian Company by PROI

March 8, 2020 3351 Views 0 comment Print

Purchase/Sale of Capital Instruments by PROI (Person Resident Outside India) of an Indian company What are Capital Instruments? Capital Instruments’ are equity shares, debentures, preference shares and share warrants issued by an Indian company in regards to Purchase/Sale of Capital Instruments by PROI of an Indian company. Issue by an Indian company An Indian company is […]

Change of Name of Company in India

October 23, 2019 132117 Views 3 comments Print

The name of a limited company may have to be changed for various reasons including change of objective of the business; change of management, rebranding, conversion of private limited to public limited & vice versa, rectification of name etc., The name of limited company can be changed at anytime with the approval of the shareholders. […]

e-Form INC-22A – Applicability, Consequences of non -filing, Documents & Requirements

March 9, 2019 39114 Views 2 comments Print

APPLICABILITY Every company incorporated on or before the 31st December, 2017 shall file the particulars of the company and its registered office, in e-Form ACTIVE (Active Company Tagging Identities and Verification) on or before 25.04.2019. Any company which has not filed its due financial statements under section 137 or due annual returns under section 92 […]

EPF Registration

March 7, 2019 3537 Views 0 comment Print

Employees Provident Fund [EPF] is a scheme under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. It is regulated under the purview of Employees’ Provident Fund Organisation (EPFO) which is one of the World’s largest Social Security Organizations in terms of clientele and the volume of financial transactions undertaken. Basically, EPF is normally like a […]

ESI Registration- Who needs, Documents, Benefits, Steps

March 6, 2019 10935 Views 0 comment Print

Employees’ State Insurance (ESI) is a self-financing social security and health insurance scheme for Indian workers. ESI is just like a social insurance scheme that would protect the interest of workers in possibilities such as sickness, maternity, temporary or permanent physical disablement and death due to employment injury resulting in loss of wages or earning […]

SSI/MSME/Udyog Aadhar Registration

March 5, 2019 3621 Views 0 comment Print

MSME is the short form for Micro Small Medium Enterprises. It is also called as Small Scale Industry (SSI). It is an Act called as MSMED Act, also Micro, Small and Medium Enterprises Development Act, 2006 for the growth of the small business upto the investment for 10 crores in manufacturing sector and 5 crores in […]

Shops and Establishment Registration

March 5, 2019 4251 Views 1 comment Print

What is Shop & Establishment Registration The Shop and Establishment Act registration regulates hours of work, payment of wages, leave, holidays, terms of service and other conditions of work of persons employed in shops, commercial establishments, establishments for public entertainment or amusement and other establishments and to provide for certain matters connected therewith. This registration is […]

Food / FSSAI Registration

March 4, 2019 9324 Views 0 comment Print

WHAT IS FSSAI REGISTRATION/LICENSE Food Safety and Standards Authority of India (FSSAI) license is mandatory before starting any food business. This food License is location specific and is also term bound. All the manufacturers, traders, restaurants who are involved in food business must obtain a 14-digit registration or a license number which must be printed […]

One Person Company (OPC) Registration

March 2, 2019 18045 Views 0 comment Print

One Person Company (OPC) is a company which has only one person as member. OPC is a type of private company. Only a natural person, who is an Indian citizen and resident in India, shall be eligible to incorporate an OPC & shall be a nominee for the sole member of an OPC. An OPC […]

LLP Registration: Requirement, Documents, Procedure & Advantages

March 2, 2019 102504 Views 1 comment Print

Article explains What is Limited Liability Partnership (LLP), Minimum Requirement to Start A LLP (Partners, Capital, Name), Documents Required For LLP Registration (ID and address proof of Partners, Stamp Paper etc.) , Procedure of LLP Registration and Advantage of LLP (Statutory and Taxation). What is Limited Liability Partnership (LLP) Limited Liability Partnership (LLP) is business […]

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