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A Company Secretary (CS) is a Key Managerial Personnel (KMP) under the Companies Act 2013. The position carries significant legal responsibility, so removing the person in that role is not a simple administrative action. The law prescribes a defined procedure for the removal of a company secretary and mandates ROC filings within strict timelines. It […]
When a company stops operating in India, directors cannot simply shut down the office and walk away. Indian law requires them to follow a formal legal procedure before a company can cease to exist. Two primary legal methods allow companies to close operations: strike off and winding up. Understanding the difference between strike off and […]
Complete guide to e-way bill system in India. Know rules, generation process, validity periods, benefits, and compliance requirements for GST businesses.
This article is to understand and implement PCI DSS compliance, securing standards, sensitive information for businesses, protecting data and more.
Business Management
Every time money crosses India’s borders, through trade, investment, or remittances, it comes under strict scrutiny. The Foreign Exchange Management Act (FEMA), 1999, keeps a watchful eye on every transaction. This law is the backbone of India’s foreign exchange system, replacing the rigid Foreign Exchange Regulation Act (FERA) with a framework built for a globalized […]
Introduction Imagine a world where businesses don’t just chase profits but actively contribute to a healthier planet, a fairer society, and stronger corporate governance. While this may sound idealistic, it is precisely what ESG compliance stands for. In today’s corporate landscape, it is more than just a regulatory requirement—it is a strategic necessity. Companies that […]
Introduction Imagine you own a booming logistics company handling multiple large-scale projects. You rely heavily on contract workers for flexibility and cost efficiency. However, one day, a government inspector visits and finds that your CLRA registration is missing, leading to a hefty penalty. This scenario is not uncommon for businesses employing contract labour without proper […]
Introduction Imagine a group of investors pooling their funds into a structured entity that strategically invests in profitable subsidiaries without actively managing them. This investment model forms the foundation of a core investment company (CIC), a specialized type of Non-Banking Financial Company (NBFC) that plays a crucial role in India’s financial ecosystem. A core investment […]
The Importance of Rules for the Fashion Industry In the ever-evolving world of fashion, where trends shift frequently and designs push the boundaries of creativity, it is simple to underestimate the importance of regulations and adherence. However, these frequently overlooked aspects of the industry are crucial to preserving the integrity, safety, and sustainability of fashion […]