Astitva Kumar

The company notifies the Registrar of DIN Services of the Director Identification Number (DIN) via MCA eForm DIR-3C. This form is only applicable if the director is serving in that capacity for one or more firms and has yet to obtain or inform the company or ROC of his DIN. Every director will be required […]

Under the terms of Section 248 sub-clause (1) of the Companies Act, the ROC may provide notice to the company to have its name removed from the register of companies if the company fails to initiate activities within a year or ceases all business operations for a period of two years. ROC’s notice is typically […]

Form INC-22A ACTIVE was established by the Ministry of Corporate Affairs[1] (MCA) in the Companies (Incorporation) Amendment Rules, 2019 and the Companies (Incorporation) (Fourth Amendment) Rules, 2019. Requiring companies to submit information on their registered office and company details. The status of any firm will be listed as “ACTIVE non-compliant” if it fails to submit […]

Any business that wishes to operate legally needs to perform regular audits. Auditors assist in ensuring that business activities adhere to relevant rules and regulations, spot possible dangers, and suggest remedial measures where necessary. Also, auditors can offer insightful information on a business’s operation and future prospects. The business legislation in India requires a corporate […]

Any person who is registered for GST (Goods and Services Tax) and whose annual revenue exceeds the stipulated limit of INR 5 crore must complete Form GSTR-9C, the reconciliation statement, and self-certify it before submitting it on the GST portal[1]. A Statement Of Reconciliation Between Is Included In Form GSTR-9C: The annual returns submitted in […]

The process of liquidating a company is often known as winding up a company; therefore, both terms go hand in hand. Through the process of winding up, the existence of a company comes to an end. Even during the process of winding up, the company performs its day to day activities. The only purpose for […]

Both in terms of income and employment, the Indian healthcare industry has grown to be one of the country’s biggest industries. With a renewed focus from the government and rising market demand for healthcare services and goods, it has undergone fast development in recent years and grown noticeably more apparent during the previous ten years. […]

The COVID-19 epidemic has forced Indians to embrace digital change and re-evaluate present healthcare norms. In-person consultations are no longer preferred over digital platforms by over 60% of patients and 65% of doctors. The market’s expansion has been fuelled by the Internet’s and cell phones’ quick uptake and favourable government regulations. In 2021, India’s digital […]

For many years, the pharmaceutical business has been abuzz with a discussion of clinical trials in India. When the Agreement on Trade-Related Aspects of Intellectual Property (TRIPS) went into effect in 2005, it was certain that India would become a centre for pharmaceuticals on a worldwide scale. Clinical trials have a bright future because of […]

Drugs, vaccines, and medical devices are the three essential industrial foundations of contemporary healthcare technology systems. Bandages and syringes to complex gadgets using bioinformatics, nanotechnology, engineered cells, and artificial intelligence are all examples of medical devices. These are made to be used by professionals, patients, and health experts people in a range of locations, including […]

It is impossible to overstate the value of drug trials in advancing healthcare services. Patients’ quality of life and longevity can be increased by new medications and treatments. Although more clinical trials are required, the government is also working to protect the subjects’ rights and safety and raise the quality of the studies conducted in […]

Medical device registration in South Africa is governed under the provision of the Medicines and Related Substances Act of 1965[1]. All the manufacturers, importers and distributors are therefore advised to adhere to the rules and regulations laid in the act in order to get the medical device registration in South Africa.   The aim of […]

Before the 2024 Lok Sabha elections, the central government of Narendra Modi announced its final union budget for 2023–2024 today. Nirmala Sitharaman, Minister of Finance of the Union announced the Budget. The annual financial statement (AFS) for a certain fiscal year is another name for the union budget. The government presents it to emphasise its […]

The Indian economy is the world’s fastest-growing, with characteristics that allow it to compete with the world’s largest multinational economies. Due to globalisation, more trade is now possible in sectors such as manufacturing, services, international sales of goods, and import-export. In this blog, we will discuss BIS Certification for Medical Devices in India. The Indian […]