Checklist for Incorporation of Company in India

Checklist for Incorporation of Company in India Indian Parliament passed the Companies Act of 2013 to incorporate and regulate companies. If you want to start a company, whether private limited, public limited, LLP, or OPC, you must register under this…

Conversion of OPC to LLP: A Step-by-Step Guide

Conversion of OPC to LLP: A Step-by-Step Guide The popularity of Limited Liability Partnerships (LLPs) has grown significantly due to their advantageous business model, providing numerous long-term benefits. This innovative structure merges features from partnerships and corporate entities, enabling business…

Nominee Consent Form – One-Person Company

Nominee Consent Form – One-Person Company One-person company registration, the sole director must designate a nominee. As one-person companies have only one director, the nominee would assume the role of a member in the event of the subscriber's death or…

What are the benefits of OPC?

What are the benefits of OPC? The Companies Act 2013 established India's One Person Company (OPC). It benefits one person to own and manage their company and gain the advantages of both a sole proprietorship and a corporation. The Companies…

Why is OPC better than Private Limited?

Why is OPC better than Private Limited? The primary objective of a One Person Company was to encourage entrepreneurship and MSMEs' corporatization. It gives all the benefits of a Private Limited Corporation, such as perpetual succession, being a distinct legal…

What is OPC?

What is OPC? One Person Company registration in India is a concept introduced under the Companies Act 2013. It allows a single individual to incorporate a company and enjoy the benefits of both a sole proprietorship and a company. This…

What is type of company in MCA?

What is the type of company in MCA? The Ministry of Corporate Affairs (MCA) in India recognizes several types of companies under the Companies Act 2013. These companies are classified based on various factors, including ownership and control, liability, membership,…

MCA Form INC-6 – One Person Company – Application for Conversion

MCA Form INC-6 - One Person Company - Application for Conversion The Ministry of Corporate Affairs has introduced a simplified process for converting a company into a Person Company (OPC). This process is facilitated by filing MCA Form INC-6, which…

VJTI Technology Business Incubator Program

VJTI Technology Business Incubator Program Veermata Jijabai Technological Institute (VJTI)  is inviting applications for its Cohort-3 of the Business Incubation Program. It is designed to help Entrepreneurs and startups working in the domains of energy, cleantech, AI/ML, IoT, electric vehicles,…

MCA Form No. MGT-7 and Form No. MGT-7A – 2021

MCA Form No. MGT-7 and Form No. MGT-7A - 2021 The Ministry of Corporate Affairs (MCA) has come up with various crucial amendments by introducing the Companies (Management and Administration) Amendment Rules, 2021 vide a notification dated 5th March 2021. With this notification,…