As NIDHI Companies main motive is to borrow and lend money amongst the members therefore closure of NIDHI company is not any easy task as it involves monetary transaction even though it merely among the companies members.

ARC includes the business of purchasing the bad loans from the banks and cleans up the bad and non-recoverable financials of the banks after that sold out these to the Asset reconstruction company.

Import Export Code is mandatory only for business and commercial purposes. There is no need to obtain IEC to import or export goods for personal use. Therefore, a person can import or export goods without any IEC registration for personal use.

Nidhi companies are mostly incorporated in southern part of India. Nidhi Company is incorporated in a style of public company as it must have minimum 7 subscribers and minimum 3 directors and its name end with the words “Nidhi Limited”.

Digital signature certificates i.e. DSC proves the validation of identity in a digital manner which has become paperless. It maintains the supreme security in all the online transaction and information provided.

There are three major exceptions of the copyright law which is Fair use of the original. If the work is used for educational purpose including research and quoted in the newspaper or magazine for any kind of criticism or review to the work.

NITI AAYOG Registration - The government of India needs to maintain an online database of all the process of registration. All Non-Government organization needs to register under Niti Aayog for receiving grants under various schemes of Government.

Right shares means the shares where right to subscribe the shares is available only to the existing shareholders. Rights shares are usually issued at a discount as compared to the prevailing market price.

The goals of startup India are based on two aspects i.e. the government initiative has simplified the work of the startup registration by simplifying the incorporation, grievances, IPR registration etc.

Copyright law protects the expressions rather than the ideas. You can protect your literary works, dramatic works, musical works, artistic works, cinematograph films and sound recording as provided Under section 13 of the Copyright Act 1957.

LLP having two or more partners can be converted into private limited company. And in the case of public company minimum 3 partners are required.

To get the tax benefits the same shareholding of the partners before conversion is to be maintained

A detailed scrutinize the MSME Registration Benefits in India. the govt. of India provides numerous subsidies, schemes, and incentives to push MSMEs.

In an LLP the partners are not personally liable with personal property to furnish the firm’s debt or liability.

To ensure safety and quality check of food or eatable products which are sold through online channels and/or stored in warehouses the department of FSSAI had made the FSSAI license as a compulsory requirement.

Venture capital firms advance in very early-stage of company in interchange for equity and a possession stake.