Penalty for Not Filing Annual Return

Penalty for Not Filing Annual Return A company is an artificial judicial person and a separate legal entity capable of entering into various types of transactions. Once a company is incorporated, the Directors of the company are responsible for ensuring…

Commercial Paper in India

Commercial Paper in India Commercial paper was first issued in the year 1990 in India as a short-term instrument. Commercial papers were introduced as a privately placed instrument for the Non-Banking Financial Companies (NBFC Registration) mainly to enable highly rated…

NBFC Registration in India

NBFC Registration in India Non-Banking Financial Company (NBFC) isĀ a company registered under the Companies Act, 1956 involved in the principal business of lending, investments in shares/stocks/bonds/debentures, leasing, hire-purchase, insurance business, chit business or involved in theĀ receiving of deposits under any…