Business

Section 107 – The Insolvency and Bankruptcy Code, 2016

Summoning of meeting of creditors (1) The resolution professional shall issue a notice calling the meeting of the creditors at least fourteen days before the date fixed for such meeting. (2) The resolution professional shall send the notice of the meeting to the list of creditors prepared under section 104. (3) The notice sent under sub-section (1) shall state the […]

FSSAI License Food License in India

FSSAI registration is one of the most important registration requiredby every person involved in the food business, such as persons who wish to open a restaurant, bakery, hotel, cloud kitchen or food stall in India. Every Food Business Operator (FBO), such as entities or persons involved in manufacturing, preparation, selling, transportation, distribution and storage of food articles/products, are also

How to register Entity User and Business User in FIRMS Portal of RBI?

The RBI has announced that to consolidate existing reporting frameworks for various types of foreign investment in India, it will introduce a Single Master Form (SMF) covering all available reports. The Reserve Bank is launching an online application, FIRMS (Foreign Investment Reporting and Management System), which will provide SMF. This article will discuss the registration

Procedure for Issue of Duplicate Share Certificate in India

A share certificate is a document that indicates the ownership of company shares by its shareholder/beholder. It acts as prima facie evidence of the title of the individual holding the shares. When the beholder of the share certificate loses or misplaces the original document, the company will issue a duplicate share certificate. When a person

TNREGINET – Online Land Records Check for Tamil Nadu

TNREGINET is the Tamilnadu Government online registration portal. TNREGINET portal eliminates the need for Sub-Registrar office visits for citizens by providing easy access to Government records online. In this article, we look at TNREGINET portal in detail along with the process for obtaining registration on TNREGINET. In India, state governments fix a rate below which properties

Copyright Registration in India

Copyright is a fundamental concept that protects the work of creators. It gives them exclusive control over how their creations are used, shared, and reproduced. Beyond understanding the core concept of copyright, this article will explore the significance of copyright registration. This process ensures legal protection and empowers creators to have greater control over their work.

Whether Depreciation on acquired Goodwill Allowable

Union Budget of 2021 amends the Income Tax Act of 1961 (“Act”) to prohibit depreciation on an organization’s goodwill. The Income Tax Act prohibits depreciation on self-generated goodwill. From 01st February 2021, devaluation on utilizing goodwill of an ownership interest will be not being permissible. Goodwill is specifically immune from the ‘Intangible Assets’ group. Furthermore, on

Chhattisgarh e-District Portal

Chhattisgarh e-District is an initiative of the Department of Electronics & Information Technology (DeitY) with the aim of providing of G2G services to the citizens. The e-District portal involves integrated and seamless delivery of citizen services by district administration through automation of workflow, back end digitisation, integration and process redesigning across participating departments for providing

patent registration in india

The Patents Act, 1970, which was amended in 2005 to conform to worldwide norms, regulates the patent status in India. According to the Act, patents are given for brand-new innovations that are inventive, non-obvious, and applicable to industry. There are several stages in the Indian patent application procedure, including filing the application, having it examined,

Uttar Pradesh Ration Card

In Uttar Pradesh, all residents of the appropriate state must possess ration card which is distributed by the department of food and civil supplies. The objective of the issue of ration card is to implement the Targeted Public Distribution System (TPDS) that provides essential commodities like rice, wheat, sugar, kerosene, fertilizers, LPG, etc. to its