Learning / Archives for Kandarp Vanita
To ease the process of transferring money and make it technology-savvy the Reserve Bank of India (“RBI”) has taken various steps to make the payment process faster, hence Reserve Bank of India has established the payment wallet license or prepaid wallet license. The Payment Gateways acts as an intermediary between the various banks and the […]
A patent is a set of monopoly right that a Sovereign State grants to an inventor or the assignee for a fixed time period in exchange for the patentee to permit public disclosure of his new, useful and non-obvious product or process invention. The purpose of providing exclusive right to the patentee is to prevent […]
With the digital India and the increase of online shopping in India, it has immensely increased the benefits of flexibility and ease of online payment which is offered by this platform. The term Payment Gateway signifies a financial service that is granted by way of an application which is an e-commerce service provider. In this […]
The trend of trademark registration online in India has enhanced the transparency and effectiveness of filing trademark in India. Now, we can track the status of trademark application online and the trademark expert can take various actions on the basis of current status of the trademark application. In this article, we will focus on the […]
Startup India is a business hub and a one-stop platform for all the stakeholders in the ecosystem of the Startup for the purpose to work together, exchange information and knowledge and form a booming partnership with each other in a highly active environment. The Government of India has come up with Startup India scheme in […]
The Reserve Bank of India has come up with a Co-Lending Model (CLM) scheme under which the banks together with NBFCs shall provide the loans to the priority sector borrowers on the basis of prior agreement. The Co-Lending Model is an enhancement of the co-origination of loan scheme that was announced by RBI in September 2018. It aims at […]
The NBFCs have considerably grown over years in terms of their complexity, technological sophistication, interconnectedness, operations, and size. Many of the NBFC’s have started to venture to new financial services sectors with the new products. Taking into consideration the noteworthy growth of NBFC, RBI has revised the regulatory framework for NBFCs in the recent years […]
According to rules as given by the Ministry of Corporate Affairs any Foreign Company can get themselves registered in India and the statutes under the Companies Act, 2013. If you are planning to set up any business in the India as a foreign company, then you have the option to either open a subsidiary of […]
Intellectual property rights are intangible rights given to the author over the creation of their minds. IP Rights are usually given to the creator for exclusive use of his creation for a fixed time period. It is a protection given to the inventors so as to encourage them to come up with different creations and […]
As a business owner, it is necessary to “build a brand.” At the same time it is imperative to keep the company’s name in front so that more people know what the company is dealing with. The truth is that there is a lot with the company besides the brand. However, it’s undeniable that the […]
The increase of competition in the market has made everyone to look for different ways to grow their business beyond the domestic limit. For doing business globally it is obligatory to conform to several laws and procedures and it is necessary to get different registration and license. The IEC registration is one of the important […]
Sole proprietorship is the business managed by single person and it is the simplest form of business under which one can start operating with a new business. There is no distinction between the business entity and the owner here, hence sole proprietorship has no separate entity. Under Sole proprietorship, the owner is himself liable for […]
A business is an entity that indulges in selling goods or in offering services for the purpose of gaining profit. The three major legal forms a business can be divided into are: – sole proprietorship business, partnership business and a company. The term profession is referred to anyone who follows some ethical standards and they […]
It is a common business process to send goods on approval basis. Hence, many times these goods are returned by the receiver of such goods due to various reasons. But sometimes the dealer supplies his goods on the approval basis where the customers are given the option either to keep such goods or return them […]