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Updated on February 22nd, 2019 in Finance

ESIC Registration Process, Benefits, Returns and Penalty

ESI is Employees State Insurance which is defined in the Employees State Insurance Act, 1948. It is an integrated measure of Social Insurance and is specially designed to achieve the task of protecting employees. This ESI scheme is strictly administered and regulated by an autonomous body named ESIC (Employee State Insurance Corporation), as per the…

Updated on February 22nd, 2019 in Companies Act

Articles of Association (AOA)

  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…

Updated on February 22nd, 2019 in Finance & Accounts


UDIN (Unique Document Identification Number) is a unique number for the identification of every document attested by practicing chartered accountants. The attestation of a CA (Chartered Accountant) on a document or any certificate is of enormous value since it generally shows that the CA has ensured that there is no falsification in the issued or submitted…

Updated on February 22nd, 2019 in Companies Act

Authorised Capital and Paid-up Share Capital

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 share…