{"id":51564,"date":"2023-01-02T12:32:33","date_gmt":"2023-01-02T07:02:33","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=51564"},"modified":"2024-05-24T14:58:54","modified_gmt":"2024-05-24T09:28:54","slug":"annual-roc-filings-and-requirements-for-section-8-companies","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/annual-roc-filings-and-requirements-for-section-8-companies\/","title":{"rendered":"Annual ROC Filings and Requirements for Section 8 Companies"},"content":{"rendered":"\n<p>A Section 8 company is a non-profit\nentity which has been formed for charitable purposes or for social welfare purposes\nlike \u201c<em>promotion of commerce, art, science, sports,\neducation, research, social welfare, religion, charity, protection of\nenvironment or any other such object\u201d. <\/em>For an entity to operate as a Section 8 company, it is\nrequired to obtain the requisite licence from the central government. Such\ncompanies are allowed to make a profit. However, all profits and incomes\ngenerated from such companies can only be used to further the objects for which\nthe company was established or to reinvest the money into the company. Section\n8 company is prohibited from paying any remuneration to its directors,\nfounders, promoters and members. It is also prohibited from distributing\ndividends to any of its members. A Section 8 company is regulated by the Ministry\nof Corporate Affairs and is governed by the Companies\n(Incorporation) Rules, 2014 and the Companies Act of 2013. &nbsp;In\nthis blog we will discuss Annual ROC Filings and Requirements for Section 8\nCompanies.<\/p>\n\n\n\n<p>Section 8 companies are provided many exemptions and benefits\nby the Government of India. Amongst many of the benefits granted to such\ncompanies, Section 8 companies receive tax exemptions under the Income Tax Act\nof 1961, and the liability of the members of a Section 8 company is limited. They\nare also granted many exemptions and relaxations when it comes to meeting\nannual compliances, which other companies are mandated by the <strong>MCA<\/strong><sup><a class=\"text-primary\" href=\"https:\/\/www.mca.gov.in\/content\/mca\/global\/en\/home.html\"><strong>[1]<\/strong><\/a><\/sup> and\nunder the Companies Act of 2013 required to follow. These include requirements for\nSection 8 Companies pertaining, among other things, to the appointment of\ndirectors, the appointment of company secretaries for annual general meetings\nand board meetings, the notice period for meetings, and disclosure of interest by\nthe directors. The exemptions and relaxations granted to a Section 8 company\npertaining to annual requirements for Section 8 Companies are as follows:<\/p>\n\n\n\n<ul>\n<li>Section 8 companies are required to provide a\nnotice of at least 14 days before a general meeting is to be conducted. The general\nrequirement from companies other than Section 8 companies regarding the notice\nperiod is 21 days before the date the general meeting is to be held.<\/li>\n\n\n\n<li>Notice of a board meeting can be sent seven\ndays before when such a meeting is to be held. <\/li>\n\n\n\n<li>Directors have the freedom to decide upon the\nvenue, time, and place of the general meeting.<\/li>\n\n\n\n<li>Section 8 company is exempted from the\nrequirement minutes of board meetings or general meetings, or any resolution\npassed unless it is expressly mandated to do so in the Articles of Association\nof the company.<\/li>\n\n\n\n<li>Section 8 companies have the freedom to\nappoint any number of directors. They do not have to pass a special resolution\nto appoint more than 15 directors, as other companies require.<\/li>\n<\/ul>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/annual-roc-filings-and-requirements-for-section-8-companies\/#Annual_ROC_Filings_and_Other_Compliance_for_Section_8_Companies_%E2%80%93_Requirements_for_Section_8_Companies\" >Annual ROC Filings and Other\nCompliance for Section 8 Companies &#8211; Requirements for Section 8 Companies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/annual-roc-filings-and-requirements-for-section-8-companies\/#Event-Based_Compliances_for_Section_8_Companies_%E2%80%93_Requirements_for_Section_8_Companies\" >Event-Based Compliances for\nSection 8 Companies &#8211; Requirements\nfor Section 8 Companies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/annual-roc-filings-and-requirements-for-section-8-companies\/#Meeting_Requirements_for_Section_8_Companies\" >Meeting Requirements for Section 8 Companies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/annual-roc-filings-and-requirements-for-section-8-companies\/#Penalties_for_Non-Compliance\" >Penalties for Non-Compliance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/annual-roc-filings-and-requirements-for-section-8-companies\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Annual_ROC_Filings_and_Other_Compliance_for_Section_8_Companies_%E2%80%93_Requirements_for_Section_8_Companies\"><\/span><strong>Annual ROC Filings and Other\nCompliance for Section 8 Companies &#8211; <\/strong><strong>Requirements for Section 8 Companies<\/strong><strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>All companies, including Section\n8 companies, are required to adhere to certain compliances as mandated by the Ministry\nof Corporate Affairs. There are specific Registrar of Companies annual and event-based\ncompliances that every company must comply with. It is imperative that companies\nadhere to these mandates to avoid incurring hefty penalties and other penal\nactions. <\/p>\n\n\n\n<p>Certain forms are required\nto be filed annually, half-yearly or once with the Registrar of Companies.\nBelow mentioned are such compliance:<\/p>\n\n\n\n<ul>\n<li><strong>Form\nINC 20 A- Appointment of Auditor<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Form INC 20 A must\nbe filed by companies that have been incorporated after 2nd November 2018\nbefore 180 days expire from the company&#8217;s date of incorporation. This form is\nfiled to inform the Registrar of the company&#8217;s operations and business commencement. This mandate is\nprovided for under Section 10(A) of the Companies Act of 2013.<\/p>\n\n\n\n<ul>\n<li><strong>Prepare\nand Maintain Financial Statements of the Company<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Section\n8 company is required to prepare and maintain annual financial statements for\nthe company. This shall contain financial information pertaining to the trading\naccount balance sheet, profit, and loss account. <\/p>\n\n\n\n<ul>\n<li><strong>Form\nAOC-4<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Form AOC-4 is submitted to the\nRegistrar of companies to file the annual financial statements of the Section 8\nCompany. This form must be filed before the expiry 30 days from the date of the\nannual general meeting. <\/p>\n\n\n\n<ul>\n<li><strong>Form\nADT-1<\/strong><\/li>\n<\/ul>\n\n\n\n<p>In\naccordance with section 139 of the Companies Act 2013, every company is\nrequired to appoint an auditor. Such statutory auditor shall be responsible for\nauditing annual reports and the company&#8217;s book of accounts. The auditor is\nappointed for a period of 5 years.<strong> <\/strong>Companies\nmust inform the Registrar of companies of the appointment of the statutory\nauditor. The form must be filed within 15 days of the annual general meeting.<\/p>\n\n\n\n<p>Section\n139(6) mandates that the appointment of the first statutory auditor must be appointed\nbefore the expiry of 30 days from the company&#8217;s date of incorporation. Such\narrangement must be reported to the Registrar of companies by filing this form\nwithin 30 days from the company&#8217;s date of incorporation. <\/p>\n\n\n\n<ul>\n<li><strong>Form ADT-3<\/strong><\/li>\n<\/ul>\n\n\n\n<p>In\naccordance with the mandate provided for in Section 140 of the Companies Act of\n2013, every company is required to inform the Registrar of companies of the resignation\nof any statutory auditor before the expiry of 30 days from when such\nresignation was tendered. Form ADT-3 must be filed with the Registrar of\ncompanies furnishing information regarding such resignation.<\/p>\n\n\n\n<ul>\n<li><strong>Form IEPF-2<\/strong><\/li>\n<\/ul>\n\n\n\n<p>In\naccordance with section 125 of the Companies Act of 2013 and IEPF Authority\n(accounting, audit, transfer and refund) Rules of 2016- Rule 5(6), statements\npertaining to any unclaimed dividends or shares is required to be filed with\nthe Registrar of companies under Form IEPF-2 before the expiry of 60 days from\nthe date on when the annual general meeting was held.<\/p>\n\n\n\n<ul>\n<li><strong>Form MBP-1<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Every\ndirector of a company is required to disclose the interest held by a director\nto the Section 8 Company in the first board meeting in a particular financial\nyear or when there is any change in the disclosures of interests which have\nalready been made.<\/p>\n\n\n\n<ul>\n<li><strong>Form\nDPT-3<\/strong><\/li>\n<\/ul>\n\n\n\n<p>In\naccordance with Rule 16 of the Companies (Acceptance of Deposits) Rules of 2014,\nevery company except a government company is required to give information\npertaining to deposits or transactions not amounting to a deposit but which\ninvolve money or loan. Form DPT-3 shall be filed every year by 30<sup>th<\/sup>\nJune.<\/p>\n\n\n\n<ul>\n<li><strong>Form\nDIR-3 KYC<\/strong><\/li>\n<\/ul>\n\n\n\n<p>As\nis provided under Rule 12A of Companies (Appointment and Qualification of\nDirectors) Rules, 2014, every company director with a DIN or Director Identification\nNumber must file this form annually with the Ministry of Corporate Affairs. Directors\nwho have in the previous financial year had filed the E-form can proceed to\ncomplete their KYC by using the web-based KYC services provided by the MCA,\nwhich is verified through OTPs that shall be sent on email IDs and mobile\nnumbers which have been registered previously. This form must be filed before\nthe expiry of six months from the cessation of the financial year. <\/p>\n\n\n\n<ul>\n<li><strong>Form\nMR-1<\/strong><\/li>\n<\/ul>\n\n\n\n<p>In accordance\nwith the mandate made under the Companies Act of 2013 Section 196(4) read with Companies (Appointment and Remuneration of\nManagerial Personnel) Rules, 2014- Rule 3.<\/p>\n\n\n\n<p>Form MR-1 shall be filed by public\ncompanies furnishing details regarding the appointment or reappointment of\nmanagers, directors or whole-time directors. Form MR-1 is required to be filed\nwith the Registrar of companies before the expiry of 60 days from when such\nappointment or reappointment took place. <\/p>\n\n\n\n<ul>\n<li><strong>Form\nMGT-4 <\/strong><\/li>\n<\/ul>\n\n\n\n<p>This\nform is to give the Registrar of companies information as to any declaration made\nby registered owners of shares who do not hold any beneficial interest in any\nshares of the company. Such statement must be made to the reporting company\nbefore the expiry after 30 days from when the name of such person was entered\ninto the register of the members of the company. A declaration shall also be\nmade when there is any change in the beneficial interests in the shares.<\/p>\n\n\n\n<ul>\n<li><strong>Form\nMGT-5<\/strong><\/li>\n<\/ul>\n\n\n\n<p>This\nform is filled to give the Registrar of companies requisite information made by\npersons having beneficial interests in the shares of the reporting company but\nwhose names have yet to be entered into the register of members of the company.\nSuch declaration must be made to the reporting company before the expiry of 30\ndays from when the person gets such beneficial interest. A statement shall also\nbe made when there is any change in the beneficial interests in the shares.<\/p>\n\n\n\n<ul>\n<li><strong>Form\nMGT-6<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Form MGT-6 is required to be filed by\nthe Section 8 Company with the Registrar of companies giving information\ncontaining declarations made by the beneficial owner in Form MGT-4 and Form\nMGT-5 as is provided for in Section 89 of the Companies Act of 2013. This form must\nbe filed before the expiry of 30 days from the dates on when Form MGT-4 and\nForm MGT-5 were received.<\/p>\n\n\n\n<ul>\n<li><strong>Form MGT-7 or Form MGT-7A<\/strong><strong><\/strong><\/li>\n<\/ul>\n\n\n\n<p>The\nannual returns shall be filed within 60 days after the annual general meeting\nis held under Form MGT-7 with the Registrar of companies.<\/p>\n\n\n\n<ul>\n<li><strong>Form\nMGT-14<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Form MGT-14 is required to be filed to intimate\nthe Registrar of the resolutions passed. This form is required to be filed\nbefore 30 days from when the resolution was passed.<\/p>\n\n\n\n<ul>\n<li><strong>Form\nBEN-1<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Form BEN-1 is filed with the Registrar\nof companies furnishing details pertaining to declarations made by significant\nbeneficial owners to the company. Companies (Significant Beneficial Owners) Amendment Rules, 2019 has\nstated that significant beneficial owners must make declarations about their\ninterest in the company. Such declarations must be made to the reporting\ncompany. The declaration shall also be made, providing details pertaining to\nany change in the ownership of significant beneficial owners. The form is\nrequired to be filed before the expiry of 30 days from the date on which such\nperson was made a significant beneficial owner when any change in the ownership\noccurred.<\/p>\n\n\n\n<ul>\n<li><strong>Form\nBEN-2<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Form BEN-2 is required to be filed\nwith the Registrar of companies by the Section 8 Company providing details of\ndeclarations made by significant beneficial owners. This is provided for in the\nCompanies Act of 2013, Section 90(4) and Companies (Significant Beneficial Owners) Rules, 2014-\nRule 4. The company is required to file this form before the\nexpiry of 30 days from the date on which declarations made in Form BEN-1 was\nreceived.<\/p>\n\n\n\n<ul>\n<li><strong>Form\nPAS-6<\/strong><\/li>\n<\/ul>\n\n\n\n<p>In\naccordance with Companies\n(Prospectus and Allotment of Securities) Rules, 2014, Rule 9A(8), every unlisted public company is required to file Form\nPAS-6 before the expiry of 60 days from the cessation of 6 months in a\nfinancial year. This form is filed to reconcile the audit report of the\ncompany&#8217;s share capital. Nidhi companies, the government companies, are wholly\nowned subsidiaries and not required to file this form.<\/p>\n\n\n\n<ul>\n<li><strong>MSME\nForm 1<\/strong><\/li>\n<\/ul>\n\n\n\n<p>MSME Form-1 is required to be filed by\ncompanies when they have outstanding payments to be made for supplies which\nhave been obtained from vendors that are Micro, Small and Medium Enterprises or\nMSMEs. The price to be made must be pending for a period exceeding 45 days. This\nform is required to be filed half yearly with the Registrar of companies.<\/p>\n\n\n\n<ul>\n<li>Every Section 8 company is required to\nmaintain a statutory register which shall hold a record of, among other things,\nloans which have been obtained, members and directors, and charges created.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Event-Based_Compliances_for_Section_8_Companies_%E2%80%93_Requirements_for_Section_8_Companies\"><\/span><strong>Event-Based Compliances for\nSection 8 Companies &#8211; <\/strong><strong>Requirements\nfor Section 8 Companies<\/strong><strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Apart from the compliances\nmentioned above, Section 8 companies are also required to comply with certain\nevent-based compliances on the happening of specific circumstances or events. Below\nmentioned are some of the event-based compliances:<\/p>\n\n\n\n<ul>\n<li>Change in directors  <\/li>\n<\/ul>\n\n\n\n<p>Section 170(2) of the Companies Act of 2013 mandates\nthat any appointment of directors or regularisation of directors or change or cessation\nof directorship is required to be reported to the MCA by filing Form DIR-12\nbefore the expiry of 30 days from the date on which the annual general meeting\nwas held.<\/p>\n\n\n\n<ul>\n<li>If any changes are brought to the company&#8217;s\nobjectives, resolutions have to be passed, and consent of the central\ngovernment has to be taken by such Section 8 company. The company is required\nto provide information on the resolutions passed to the ROC under Form MGT-14. <\/li>\n\n\n\n<li>Form\nSH-7 is required to be filed when any alteration is made in the\ncompany&#8217;s share capital.<\/li>\n\n\n\n<li>Form\nINC 22 is required to be filed with the Registrar of companies\nto inform the ROC of any changes in the address of the company&#8217;s registered office\nwithin 30 days from the change of address.<\/li>\n\n\n\n<li>Form\nPAS-3 is to be filed with the ROC on the allotment of shares\nof the company.<\/li>\n\n\n\n<li>The ROC must be intimated by filing a form on\nreceipt of share application money.<\/li>\n\n\n\n<li>The ROC must be intimated by filing a form on\nthe transfer of shares.<\/li>\n\n\n\n<li>The ROC must be intimated by filing a form on\nentering into any agreement with a related party.<\/li>\n\n\n\n<li>The ROC must be intimated by filing a form on\nany change in the authorised bank signatories.<\/li>\n\n\n\n<li>The ROC must be intimated by filing a form on\nany change with the duly appointed statutory auditor.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Meeting_Requirements_for_Section_8_Companies\"><\/span>Meeting Requirements for Section 8 Companies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Following are some basic requirements for Section 8\nCompanies:<\/p>\n\n\n\n<ul>\n<li>Every Section 8 company is required to\nconduct its first annual general meeting within 18 months of the incorporation\nof the company. It is also mandated that the first annual general meeting shall\nbe conducted nine months conclusion of the financial year. The subsequent\nannual general meetings shall be held within six months from the close of the\nfinancial year. The gap between 2 annual general meetings shall in no case\nexceed 15 months.<\/li>\n\n\n\n<li>Every Section 8 company is required to hold its\nfirst board meeting within 30 days of the incorporation of the company. It is\nalso necessary to have at least one board meeting every six calendar months of\na financial year.<\/li>\n\n\n\n<li>All companies incorporated under the\nCompanies Act are required to hold at least four audit committee meetings in a\nfinancial year. The gap between two subsequent audit committee meetings must be\nat most a period of 12 months.<\/li>\n\n\n\n<li>All companies incorporated under the\nCompanies Act must conduct stakeholders&#8217; relationship committee meetings at\nleast once a financial year.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Penalties_for_Non-Compliance\"><\/span>Penalties for Non-Compliance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Ministry of Corporate\nAffairs has been granted the power to impose penalties to penalise any\nnon-compliance to its mandates and procedures. Below mentioned are some of the\npenalties which companies can incur due to non-compliance with the MCA norms:<\/p>\n\n\n\n<ul>\n<li>The central government may cancel the licence\nor permit granted to the company if it finds out that such a company is not\nworking correctly, which violates the objects for which it was established.<\/li>\n\n\n\n<li>The chief officials of the organisations who\nare in default may be liable for imprisonment or fine, which may extend up to\n\u20b925,00,000.<\/li>\n\n\n\n<li>The company at fault may be penalised with a\nfine which shall not be less than \u20b910,00,000 but can extend up to \u20b91,00,00,000.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A <strong><a class=\"text-primary\" href=\"https:\/\/corpbiz.io\/section-8-company-registration\">Section 8 company<\/a><\/strong> is a non-profit entity formed for charitable purposes or social welfare purposes like \u201c<em>promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any other such object\u201d.<\/em> Every company regulated by the Ministry of Corporate Affairs and incorporated under the Companies Act of 2013 is required to follow certain compliances, and non-adherence can lead to penalties being imposed on the company and its directors. Moreover, being MCA compliant provides transparency into the operations of the company, as many compliances reveal the operational or financial situations of the company. It also grants credibility to the companies , aids in building trust among the stakeholders involved and helps avoid legal troubles. Section 8 companies must be aware of all the annual, half-yearly, and other compliances and requirements for Section 8 Companies involved to remain MCA compliant and avoid incurring fines and other penalties.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read Our Article<\/b>: <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/benefits-of-section-8-company-registration\/\">A Closer Look At Benefits Of Section 8 Company Registration<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Section 8 company is a non-profit entity which has been formed for charitable purposes or for social welfare purposes like \u201cpromotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any other such object\u201d. For an entity to operate as a Section 8 company, it is required to [&hellip;]<\/p>\n","protected":false},"author":47,"featured_media":51565,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[325],"tags":[2995],"acf":{"service_id":"11"},"authorName":"Sherin Jose","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image-4-e1668575330329.jpg","authorDescription":"Sherin has degrees in Law and English Literature from the University of Delhi. She is adept at legal research and writing and enjoys discussing and analysing important legal developments. Her primary interests lie in Corporate, FinTech and IPR Law and she is always on the lookout for exploring new developments in the area. She is an avid reader who loves classics and contemporary fiction. She likes to travel, bake and obsess over cat videos in her free time.","postViews":5614,"readingTime":9,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/51564"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=51564"}],"version-history":[{"count":3,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/51564\/revisions"}],"predecessor-version":[{"id":64416,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/51564\/revisions\/64416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/51565"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=51564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=51564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=51564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}