In India, a partnership firm is a popular form of business entity that allows two or more individuals to come together and jointly carry out a business with a shared goal and responsibility. Partnership firms are governed by the Indian Partnership Act, 1932, and registering a partnership firm is not mandatory. However, it is advisable …
Converting a private limited company to a Limited Liability Partnership (LLP) in India involves a legal process that allows the company to transition to a different business structure. The conversion from a private limited company to an LLP can offer certain advantages such as simplified compliance requirements, flexibility in management, and limited liability protection to …
Registering a private limited company in Bangalore is a popular choice for entrepreneurs due to its benefits, such as limited liability protection, ease of raising funds, and separate legal entity status. The registration of a private limited company requires following a number of steps and the Ministry of Corporate Affairs’ (MCA) regulations. In this blog, …
A private limited company in India is a type of business entity that is formed under the provisions of the Companies Act, 2013. It is a popular form of business structure that combines the advantages of a limited liability and the flexibility of a privately owned company. Here’s what the term “private limited company” means …
