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Fire NOC certificate serves as imperative legal permission, which is applicable to certain working establishments and residential premises. Presently, it is granted by the Fire department of the respective state against the prescribed application and applicable fee. The dedicated portal of the fire department enables applicants to apply for a fire NOC certificate. Technically, a […]
BIS stands for Bureau of Indian Standards, established under the BIS Act 2006. It aims for the viable development of standardization, marking and quality certification of products. Besides, it seeks to curb the availability of generic products that pose a health risk to the end-users. In a nutshell, BIS seeks to In the past few […]
Getting access to safe and hygienic water is a birthright of every citizen. Sadly, the ever-increasing pollution has snatched that right from the citizen. As per a recent report by NGO, 2/3rd of Indian households consume untreated and unsafe water. Only 8 per cent of the Indian homes boil prior to water consumption, which is […]
Factory Act 1948 came into effect in the year 1940. Since then, it has been serving as the sole regulatory framework for production facilities in India. It mandates production-related facilities to get registered and comply with underlying norms. We will delve into the norms around the MCD factory license. This blog discusses the procedure, eligibility, […]
SMILE stands for SIDBI Make in India for Enterprises. The scheme aims to augment the scope of the Make in India campaign and help MSMEs to be a part of such a campaign. The government has earmarked 25 sectors as a beneficiary of the scheme. Besides, SMILE intends to provide necessary financial support to entities […]
A trade license is granted by the State’s Municipal Corporation against prescribed application and fees. It acts as legal consent for conducting any trade-related activities in a given region or location. This article will learn how to get trade license in India through a legitimate process. Fundamental norms of a trade license Objectives of Trade […]
Eating house refers to a place that provides dine-in and beverages related services to the masses. Legalities around the license are mentioned under the Delhi Police Act. No entity can involve with the Eating house business without this license. In this write-up, we shall discuss the underlying legalities around Delhi Police Eating house license, including […]
Consent to Establish is a primary clearance for entities intending to setup pollution prone industry in India. Meanwhile, the Consent to operate serves as a legal consent that entities have to apply after establishing the unit and meeting conditions of CTE. The respective State Pollution Control Board grants both these consents with different validity duration. […]
Herbal medical business falls under the purview of AYUSH ministry. AYUSH stands for Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy. Registration under AYUSH is mandatory for those who aspire to engage in the business of herbal medicine in India. Let’s explore the legalities around this business and the licenses provided by the AYUSH ministry […]
Immense competition from privately funded companies is making life hard for small-scale enterprises to evolve from their current condition. The ever-increasing competition prevents them from addressing prevailing liabilities to ensure on-point production requirements. The GOI has introduced plenty of schemes in the past to mitigate financial crunches faced by these entities. Let’s drill down the […]
A company limited by shares is an entity whose shares are available to the public domain. They can issue shares to the general public. Such entities are also known as Public limited companies in India. In the United States, such companies are being referred to as ‘Inc’. One can find shares of such entities listed […]
A holding company (broadly known as a parent company) refers to an entity that has one or more subsidiary companies. Such companies have a controlling interest in other entities through share acquisition. Section 2 (46) of the Companies Act 2013 talks about the concept of a holding company in India. An Overview of the concept […]
The shift from conventional partnership firms to LLP has increased lately. This surge is credited to the flexible constitutional framework of LLP. Unlike partnership firms, LLP involves minimal compliance requirements and has perpetual existence. Also, the threshold of liabilities for the LLP’s partners is limited to their contribution. Generally, LLP is perceived as a hybrid […]
The Government of India releases various schemes to advocate entrepreneurship and empower startup ventures. This write-up will discuss the MeitY SAMRIDH Scheme that serves the same purpose. An Overview of the SAMRIDH Scheme 2022 The Government of India facilitates many benefits in the form of financial aid and initiative to give momentum to the startup […]