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What Inaugurates In LLP Agreement?

Limited Liability Partnership (LLP) is an alternative form of business organization. It not only provides the benefits of limited liability but also allows its members the flexibility of organizing their internal affairs as a partnership based on a mutually arrived agreement. Liability of the partners is not as limited as that of shareholder in a company. LLP Agreements ……

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Top Important Features That Partners Of Partnership Firm Should Know

  The proprietorship form of ownership suffers from certain limitations such as limited resources, limited skill and unlimited liability. Expansion in business requires more capital and managerial skills and also involves more risk. A proprietor finds him unable to fulfill these requirements. This call for more persons come together, with different edges and start business. ……

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Legal Consequences Of Not Filing Annual Return

An Annual Return is the most important document that is to be filed by every company with the Registrar of companies as this one document reflects the company performance on the close of the financial year. Annual return has to be filed with the RoC within 60 days from the date of Annual General Meeting (AGM). If the AGM is not held in any year, the return has to be filed within 60 days ……

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When Is The Contract Breached? Let Us Explore

People often wonder if they should take action against another when a breach of contract occurs. The answer depends on the nature of the contract itself. If the contract is vague, then a breach may be tough to prove. If the contract is specific, then a breach will be easier to prove. A breach of contract can occur during both simple and complex transactions. First, let’s identify……

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Explore Some Essential Benefits Of Registering As Private Limited Company

The first question that comes to the mind of an entrepreneur while setting up their dream project is about the business entity. This is an important factor in a new company formation and is sure to have long-term implications throughout the life-cycle of the business. The company’s entity must reflect its vision and so one must ensure that professional help is sought before making a decision on the entity at the time of business registration. What is Private Limited Company? A private limited company, or LTD, is a type of privately held small business entity. This type of business entity limits owner liability to their shares, .……

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All You Should Know About Indirect Taxes In India

  Direct and indirect taxes are levied by the central and state government. Tax is an involuntary fee imposed and collected by the government to pay for the goods and services it provides including schools, infrastructure, law enforcement and military production. ……

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All You Should Know About Direct Taxes In India

Every so often, India’s working population jointly celebrates the liberty, freedom and power that come with being rewarded for a job well done. This gut-twisting warmth and excitement of achievement comes at different times through different channels for different people, ……

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Remedies For Copyright Infringement In India

Copyright law confers upon the owner of the work a bundle of rights in respect of reproduction of the work and the other acts which enables the owner to get financial benefits by exercising such rights.……

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