Company Registration in Bangalore

Agreement for Formation of a New Company to Exploit an Invention or Creation

Agreement for sale of invention The agreement for sale of patents as mentioned in this agreement should be properly drafted in consultation with the patents agents so that the said agreement may contain a complete specification of the invention which will be filed with the office of the Registrar of patents. Consideration for sale The amount invested in the sale of invention can be partly paid in cash and partly by allotment of shares or fully by cash or fully…

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Investigation process of an Limited Liability Partnership Registration

Investigation of the affairs of limited liability partnership The central Government shall appoint one or more competent persons as inspectors for investigation of  the affairs of the limited liability partnership and to report thereon in such manner as it may direct if- The Tribunal, either suo motu, or an application received from not less than one fifth of the total number of partners of limited liability partnership, by order, declares that the affairs of the limited liability partnership ought to…

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Amendments to NBFC Regulations – Company Registration in Bangalore

Amendments to NBFC Regulations – Company Registration in Bangalore There have been certain developments in the recent past in the prudential standards for the banking system pertaining to the period for which a non-performing asset remains a sub-standard asset or period after which a sub-standard asset would become a doubtful asset. Reserve Bank of India has also issued guidelines for financing of infrastructure projects by scheduled commercial banks and All-India Financial Institutions. In order to align the prudential norms applicable…

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Retiring Directors – Company Registration in Bangalore

Meaning of Retiring Directors Expressions “retiring directors”, “rotational directors” and “rotating directors” are frequently used synchronously to convey the same meaning. In Section 256 and section 257 “retiring director” means a director retiring by rotation. This refers to a director appointed by the company in general meeting and retiring by rotation at such meeting provided by section 256. Persons appointed as additional directors under section 260, persons appointed to fill casual vacancies under section 262, persons appointed as alternate directors…

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Golden rule or Golden legacy of the prospectus of a company

The golden rule regarding prospectus of the company is going to be discussed here. Keep an eye on this to capture some more interesting information.  Golden Rule: It is the duty of those who issue the prospectus to be truthful in all respects. This golden rule was enunciated by Kinderseley, V.C. And has come to be known as the “golden legacy”. Those who issue a prospectus hold out to the public great advantages which will accrue to the persons who…

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Significant things to know about the business enterprises

We are here to discuss the significant things about the business enterprises and its types in an understandable way. Business enterprises can be broadly divided into two categories namely one which is non-corporate in form and other one which has a corporate character. Enterprises: Enterprises which fall in the former category are partnerships, sole proprietorship and Hindu Undivided Family and business organisation which comprises the other category are companies and co-operative undertakings. The difference between the corporate and the non-corporate…

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Start a Business and Turning it into a Profitable Venture.

Profitable business is the measure of excellence. By doing more of productive things what we love the most is the biggest reward for a business. Follow your passion. Here we gonna discuss few things which we need to keep in mind while get into a business world. Business: Start up business is where the entrepreneur got a unique idea and all the relevant things which will bring him from planning stage to execution stage. The person who aspires to be a…

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