Section 186 of the companies act, 2013 provides for the loans and investments that a company can make. It reveals that a company can make investments through more than two layers of investment companies. For section 186(1), the following will be counted as investments: Subscription or purchase of shares; Subscription or purchase of share warrants; …
Limited liability partnership LLP is an alternative form of company that offers the benefits of limited liability and partnership flexibility. LLP can continue regardless of changes in shareholders. It has business and legal capabilities in its own name. LLP is an independent legal entity, responsible for all of its assets and shareholder liability is limited …
LLP Stands for Limited Liability Partnership means it is an alternative corporate business form that provides the interest of limited liability to the partners at low compliance costs. A limited liability partnership is a legal entity accountable for the full range of its assets. The liability of the partners, however, is limited. Register a unique …
As one of the fastest-growing countries, India has always been an attraction for foreigners and NRIs for investment purposes. On the other hand, the government has also valued the investment made in India, especially with the NRIs. Due to the advantages and immense returns on investments, India has become a favorite destination for NRIs in …
The formation of a company goes through several steps, starting from idea generation to commencing the business. However, the first and foremost thing in setting up a business is the preparation of memorandum and articles of association in the company. A company, being an unnatural person, comes into occurrence only after following a legal procedure. …