Memorandum of Association (MOA) and Articles of Association (AOA) are two important business documents of a company. Every company needs a set of rules and regulations to manage its internal affairs and the AOA specifies the internal regulations of the company. In simple words, AOA contains the bye-laws of the company, according to which the…
The Memorandum of Association or MOA of a company defines the constitution and the company’s scope of power. In simpler words, the MOA is the foundation on which the company is built. MOA is a legal memorandum prepared during the registration process of a company. The scope of this content includes the following topics Objectives…
Every Company (OPC, Private, Public, LLP etc.,) irrespective of size, type and category of business will have its share capital classified under different types in the financial statement. But, as per the Companies Amendment Act, 2015 the provision of minimum paid-up capital requirement for the Companies has been removed. However, the requirement of authorized…
Trademark is a symbol, word(s) or mark, legally registered or established by an entity to differentiate their product or service from others. Once the TM gets registered, the registration gives the right to an owner to protect their trademark. The goods and services manufacturer or provider is categorized into different classes and each class requires…
As per Companies Act 2013, a Public Limited Company is a company that has limited liability and may offer shares to the general public by Initial Public Offer (IPO). Where the company is listed, an individual can also acquire the shares of such company via stock market. A Public Limited Company has stringent regulatory requirements…
In today’s corporate world there is a huge need of new amendments and changes in procedure & way of doing work, for this Government has made a lot of changes for better transparency & working of the companies However, this results in increased difficulty for the small businessman to do his business without worrying about…
What is DIN ? DIN is an abbreviated form of Directors Identification Number. DIN was first introduced in the Companies Act, 2006 under section 266A to 266G. According to these sections, every existing and prospective director of the company has to obtain DIN to carry out day to day activities of the business seamlessly. Why…