Pankaj Tyagi

Are you planning to start a business private security agency in Bihar? If so, then you must obtain a PSARA license in the first place without exception. It serves as a fundamental legal consent for such businesses. The regulations around the PSARA license are cited under the Private Security Agencies (Regulation) Act, 2005. This write-up […]

Private security agencies in India are mandated to register under the Private Security Agencies (Regulation) Act, 2005[1] and accordingly liable to obtain the PSARA license. The said Act seeks to regulate every aspect of private security agencies, including training protocol and duties of supervisors. This write-up cum guide will help you get a PSARA license […]

The Branch and the Subsidiary are well-known structures in the business landscape. Although they seem identical on the surface, there are some fundamental differences that make them a distinct structures altogether. In this write-up, we shall drill down the concept of both these structures and find out the key differences. With that being said, let’s […]

IEC is a ten-digit authentication number assigned to a person seeking to engage with an import-export business in India. It is mandatory, and hence it should be avail on time to avert underlying penalties. There is some confusion among the IEC holders about whether such a license is subjected to periodic renewal or not. This […]

The Ayush loan license serves as legal authorization for those lacking a manufacturing unit but aims to engage with production via a third party having an AYUSH manufacturing license. In general, loan licensing allows businesses (lacking manufacturing units) to get access to third-party production units on a loan licensing basis. Who can apply for AYUSH […]

The Bureau of Energy Efficiency, aka BEE, was founded by GOI under the Energy Conservation Act, 2001[1]. It is formed under the Ministry of Power, GOI. The ultimate goal of this body is to ensure power-saving and cost reduction in India. The GOI has made it compulsory for some notified items to have star labels […]

As per the Factory Act, 1948, every factory owner should register their facilities with the authority concerned before starting the operation. Such license serves as a legal consent for performing production related activities in a given state. In this write-up, we shall discuss factual conditions about the Factory License applicability in detail. Factory License applicability […]

Section 8 company falls under the ambit of the Companies Act, 2013, and the same Act regulates it. It is managed by the MCA, i.e. Ministry of Corporate Affairs, via the office of ROCs (Registrar of Companies) residing in every state. The Company Incorporation rules, the norms, procedures and the process vary based on the […]

Running a business isn’t a straightforward undertaking as it revolves around a number of unseen challenges. Series of unsuccessful years seldom compel businesses to quit their operation and opt for winding up. Following are the legitimate ways to close a private limited company in India. Selling of the Company Selling off a privately held company […]

The Ministry of Corporate Affairs has launched STK 2 form for removing the company’s name from the register of companies. This removal process refers to the winding up of a company. The availability of the STK 2 form has been in effect since the 5th of April, 2017. This write-up takes a brief look at […]

According to Section 2(21) of the Companies Act 2013, the company limited by guarantee refers to a type of company in which members are bound to contribute a nominal amount as cited in the MOA in case of the company’s wind up. It is a kind of company structure widely preferred by companies with charitable […]

A Section 8 company serves as a registered charitable institution that falls under the Companies Act, 2013. Its objective is to promote science, commerce, art, sports, religion, research, environmental protection, etc. The write-up shall detail the different exemptions available to these companies under different legislation. Pros of Section 8 Companies Different exemptions available to Section […]

EPR (Extended Producer Responsibilities) refers to a policy-based approach that aims to vest potential waste generators with a liability of handling pre-consumer and post-consumer waste. EPR is a giant step towards a circular economy and perhaps the only viable solution for the effective management of plastic and electronic wastes. The prevailing legislations like Plastic Waste […]

The primary goal of the Section 8 Company is to serve charitable purposes. These companies fall under the Companies Act, 2013. Unlike other non-profit firms, Section 8 companies are transparent and productive on account of the constitutional framework. These companies aim to incentivize commerce, art, sports, science, welfare, research, social, religion, environmental protection, etc. The […]