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When we plan to incorporate a business or expand the existing one, we have to take an important decision here, regarding the selection of the form of the organisation. Some common forms of incorporating a business are Limited Liability Partnership, Partnership, Cooperative Society, Joint Stock Company, etc. In this article, we will talk about different […]
A proprietorship is known as a state of owning a business or holding property to earn profits. It has been generally seen that the term proprietorship and sole proprietorship have simultaneous usage. The sole proprietor carries the business exclusively by and for himself. He takes control of all the activities of the business. He is […]
Boards are always considered as the power centres of a corporate entity. Therefore every company that has been incorporated as per the rules of the Company Act of 2013 or the Limited Liability Partnership Act is required to maintain a minimum number of directors in the company. These are two in the case of a […]
The field of medicine known as obstetrics and gynaecology is dedicated to the care of women during pregnancy and childbirth, as well as the diagnosis and treatment of conditions affecting the female reproductive system. It also focuses on various conditions affecting the health of women, including infertility, menopause, and hormonal difficulties. It also goes by […]
The medical device industry in India is predicted to expand over the next several years as a result of greater health awareness, a growing middle-class population, and government health programmes. With the release of the Medical Device Rules in 2017, Indian authorities completely altered the medical device regulatory procedure. The Central Drugs Standard Control Organisation, […]
One of the primary reasons behind India’s emergence as a global economic giant is company and corporate insolvency laws, and how they have facilitated business and investment growth is commendable. With the increase of trade and industry, the fairs related to company matters were also rapidly increasing, resulting in burdens on the High Courts. As […]
With the start of a new year, BEE has some shocking news for households. The refrigerators and ceiling fans can be expensive this year per the new norms formulated by the Bureau of Energy Efficiency. The changes in the Bureau of Energy Efficiency (BEE) rules came into force on January 1, 2023. In this write-up, […]
A company build its brand name generally on the basis of identifiable items such as, logos, sounds, words, colour schemes, and/or devices; therefore, companies are very meticulous when it comes to protecting their intellectual property (IP) because it holds a high value in today’s economy. In this blog we will discuss the difference between service […]
Intellectual property rights or can be called IPR, defines all those rights and privileges attached to the ownership of that intellectual property. They are like intangible properties, which must be protected from being stolen. The rights conferred to the owner over the use of their creation are not permanent. The owner can only enjoy a […]
While giving an interview, the Union health minister, Mansukh Mandaviya, said, “Indian medical devices industry has the potential to grow at 28 per cent each year to reach $50 billion by 2030. He also mentioned that the central government is planning to boost further India’s strengths of skilled manpower, and ease of business through its […]
Today devices are widely used in all branches of medicine, surgery, and community care.Medical development in terms of drugs and devices has brought about a robust change in the life of people (as offered by cosmetic treatment, dentists, face and cardiology devices).A medical device is classified in accordance with Schedule M-III, which gives it a […]
An oil-immersed transformer, also known as an oil-filled transformer, is a type of voltage converter device that uses oil cooling to lower the temperature of the transformer. In comparison to a dry-type transformer, an oil-immersed transformer’s body is fitted inside a welded steel oil tank that is filled with insulation oil. When an oil-immersed transformer […]
The present pandemic has highlighted the significance of face masks. Wearing a face mask has become a requirement, whether you are leaving the house to pick up a package at the door or go shopping for everyday supplies. We may simply infer from the existing circumstances that these masks will continue to be used for […]
The main motive behind the incorporation of Section 8 companies was to promote society’s non-profit goals, such as trade, commerce, charity, education, sports research, religion, social welfare and environment protection. In this blog, we will discuss how to get GST Registration for Section 8 Company. Some examples of Section 8 companies: Reliance research institute, Reliance […]