How to Navigate the Process of Business Dissolution
Dissolution of Deeds happens when any corporation is dissolved by a tribunal, in here the National Corporation Law Tribunal (NCLT) by its order dissolves after the wind up process is completed. The Registrar of Companies (ROC) removes the company name once it dissolves and ends the existence. Although its a challenging choice as sometime it […]
The Role of Trade Licence in Regulating Trade Practices
Trade refers to exchange of goods and services among individuals businesses or countries its a fundamental economic activity. Trade Licences are also known as Business or Trading Licence its a legal document or permit issued by government authorities. It allows entities acquiring products which they need as they do not produce or provide, it can […]
Bail Application: Procedure, Grounds, and Legal Aspects
Bail and Bail Application is a legal instrument where a person accused of committing a crime is released conditionally from legal custody while the case is pending. After which the accused is released on different conditions. This is done on the promise that the accused will appear in the court whenever summoned. The concept of […]
Understanding RERA Rules for Maintenance Charges in Real Estate
Real Estate(Regulation and Development) Act(RERA), 2016 makes it mandatory for the developers to be responsible to deliver and maintaining the basic service at a fair price until the association of allottees takes the possession. As per RERA rules maintenance charges, a builder is required by the buyer for signing a maintenance agreement which specifies an […]
Sale Deed vs. Sale Agreement: Understanding Key Differences
Sale Agreement refers to a written contract which establishes terms and conditions under which the property is sold, while the sale deed refers to a document which acts as a record of this agreement. Whenever there is a property subjected to future terms and conditions and transfer is based on future date, its referred as […]
Scope of Supply under GST: A Comprehensive Guide
The taxable event in GST is the scope of supply under GST (Goods and Services Tax) and sometimes both. Different taxable events like manufacturing, selling, providing services, entering into a territory of state, etc. have been done. In favour of one thing which is the supply. The constitution provides ‘goods and services tax’ as tax […]
Share Certificate: Meaning, Types, and Significance
Share Certificate is a document which is issued by a company which states the person named is owner of the shares of the company as stated in the share certificate. The Companies Act makes it mandatory for the companies to issue share certificates after the incorporation. Details to be provided in a Share Certificate A […]
Statement of Financial Transactions (SFT): Compliance and Filing
Eyeing upon the high value transactions which are done by taxpayers, the income tax act made a concept for furnishing Statement of Financial Transactions(sft) or any reportable account also known as the Annual Information Return (AIR). Section 285BA of Income Tax Act requires particular reporting persons to fulfill this statement. Rule 114E of Income Tax […]
Key Aspects to Consider While Applying for a Trade Licence
In today’s scenario, a trade license acts as a permit for legitimacy. It’s an important document which provides the entrepreneurs to get engaged in the commercial activities within a particular jurisdiction. As acquiring a trade licence could seem like an administrative hurdle, the significance for this cannot be exaggerated. As this is not only a […]
Trade Licence: Ensuring the Legality of Your Business Operations
Securing the businesses from doing any type of activity which could result in an unethical practice, has been made mandatory for acquiring a valid Trade Licence in India before the commencement of any business or trade activity. All the business and individual who engage in these business activity should acquire a Trade Licence. Legal Framework […]
