It is a fact that anything unique, useful and innovative has the potential to create a monopoly in the market. However, to encourage fair competition & provide the owner with an opportunity to earn, the patent law is created. Read More :- Did you just innovate something spectacular for your startup? Patent it ASAP!
Change in Business
A ‘Private Limited Company’ is owned either by non-governmental organizations or by a small number of shareholders/ company members. In India, the Ministry of Corporate Affairs is the governing body which regulates the Private Limited Company. Read More :- How can a third party invest in a Private Limited Company?
The Memorandum of Association (MOA) is a constitutional document of the company that helps to bring change in a business activity. It consists of five clauses as listed below. Name clause – It is the first clause in the MOA. It provides the name of the company. From the name of the company, one can […]
A private company is a type of company that offers limited liability or legal protection for its shareholders. It also places certain restrictions on its ownership. For the conversion of a one-person company to a private limited company, a minimum of two directors and two members are required. The One Person Company to Pvt Ltd […]