Astitva Kumar

About Astitva Kumar

Astitva Kumar is an advocate by profession and has completed her BBA. LLB from IP University. She is an avid reader, researcher, and legal writer. Her areas of interest include mediation, conflict resolution, finance, cyber laws, and taxation.

What is Form AOC-5?- An Overview

Having a registered office, which serves as the company’s proof of address, is one of the essential conditions for creating a business. Before opening a business in a rented space, it is typical for start-ups to have a registered office at the promoter’s home. Due to shifting business locations based on demand and cash outflow, […]

What is Form DIR-3C? – A Complete Analysis

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 […]

All You Need To Know About Strike-Off Notice

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 […]

Director of ACTIVE Non-Compliant Company: An Overview

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 […]

What Is Form ADT-1 MCA And How To File It?

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 […]

Everything That You Should Know About Form GSTR-9C

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 […]

Understanding the Process of Winding up A Company in India

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 […]

Importance of Medical Device Compliance in India – An Overview

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. […]

Digital Healthcare Sector in India: An Overview

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 […]

Clinical Trials Registry: An Overview

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 […]

Indian Medical Device Industry: Legal and Tax Overview

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 […]

Exploring the Concept of Clinical Trials in India

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 – All You Need to Know

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 […]

Everything You Need To Know About the Union Budget 2023

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 […]