Legal Suvidha

Distinguishing Between Public and Private Companies in India

Although public and private companies share some similarities, they possess significant legal distinctions. A Private Limited Company is collectively owned and operated by its members, whereas a Public Limited Company, as governed by the Companies Act 2013, has limited liability and extends its stock offerings to the public through mechanisms like an Initial Public Offering […]

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The Registration Process under GST Section 68: How to Enroll for GST

Every business conducting operations in India is obligated to undergo GST Registration, a mandatory requirement ensuring streamlined taxation and prevention of tax fraud. The Goods and Services Tax (GST) is a significant taxation reform in India, unifying various indirect taxes imposed by Central and State Governments. Section 68 of the IT Act necessitates GST Registration

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Understanding eForm INC-22 for Registered Office Verification

eForm INC-22 is a mandatory filing required by companies to provide the Registrar with verification of their registered office within thirty days from their incorporation date. Additionally, any subsequent changes in the registered office location must be communicated within fifteen days using the same eForm INC-22. This filing obligation is stipulated under Sections 12 (2)

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Private Limited Company Compliances in India: Benefits, Requirements, and Consequences

Compliance with regulatory requirements is vital for companies operating in India, irrespective of their categorization—be it a Private Limited Company, Public Company, or One Person Private Limited Company as per the Companies Act 2013. Fulfilling these obligations outlined by the Ministry of Corporate Affairs is crucial for the well-being of the company. In this comprehensive

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Understanding eForm GNL-1: Fees and Application Purposes

eForm GNL-1 serves as an application submitted to the Registrar of Companies under the Companies Act, 2013. It covers a spectrum of purposes, including compounding offenses, extending the AGM up to three months, schemes of arrangement, amalgamation, and other legally mandated reasons. The necessity for filing eForm GNL-1 is detailed in rule 12(2) of the

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Understanding Form CHG-1 and Its Significance

All companies are mandated to register specifics regarding the creation or modification of charges within a designated timeframe with the Registrar of Companies. These charges can encompass various asset types, either within or outside India, and may be in favor of entities like banks or financial institutions. Indian companies must file using eForm CHG-1, while

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