Advantages of a Producer Company for Farmers, Producers, and Agriculturists
Advantages of a Farmer Producer Company A Farmer Producer Company or a Producer Company is a legally recognized entity of farmers and agriculturists who join together to collectively undertake activities related to the production, procurement, harvesting, grading, pooling, handling, marketing, and selling, or export of primary produce. The main objective of a Producer Company is to promote the interests of its members and improve their profitability by facilitating the formation of corporate businesses into companies and converting existing cooperative [...]
LLP Annual Returns: All You Need to Know
LLP Annual Returns: All You Need to Know Updated: 02-05-2023 The Limited Liability Partnership (LLP) was introduced in India in 2008 as a corporate business vehicle that provides the benefits of a partnership while also limiting the partners' liability. Despite the easy and cost-friendly incorporation process, LLPs have annual compliance requirements that must be fulfilled. LLPs must adhere to LLP annual returns, which are mandatory for all LLPs regardless of their transactions. These annual compliances include filing the Annual [...]
Complete Guide to DIR-3 KYC Filing for Directors Holding DIN | Tradeviser
Complete Guide to DIR 3 KYC Filing for Directors Holding DIN As a director of a company, you have various compliance requirements that need to be fulfilled to ensure smooth operations and avoid legal repercussions. One such requirement is the filing of DIR 3 KYC (Know Your Customer) form, which is mandatory for all directors holding a Director Identification Number (DIN). In this blog post, we'll walk you through the process of filing DIR 3 KYC, the documents required, [...]
How To Avoid Trademark Application Refusal | Tradeviser
How To Avoid Trademark Application Refusal There are several grounds for the refusal of trademark registration, depending on the laws and regulations of the particular country or region. It is to be noted that a Trademark application can be refused irrespective of it being unique on a few grounds as mentioned in the act. A trademark application can be refused either on absolute grounds or relative grounds we have tried to explain both of them here. Absolute Grounds for [...]
Annual Returns For One Person Company
Annual Returns For One Person Company Updated for Financial Year 2021-2022 Every One Person Company is required to file annual compliances with the Registrar Of Companies as a part of its annual filings on or before 180 days from the closure of its financial statements. Even though OPCs have a single member and the provision of Annual General meetings doesn't apply to them, all mandatory requirements remain intact even without holding meetings every year. Following are the compliances which [...]
DIR 3 KYC Filing For Directors Holding DIN
DIR 3 KYC Filing For Directors Holding DIN Updated for FY 2021-22 The Ministry Of Corporate Affairs has recently issued a notification (29-08-2022) which provided for updated DIR3 KYC forms. All directors who are already holding DIN will be required to update their KYC annually. If you fail to do so, before 30th September your identification number may become deactivated and attract a late fee of INR 5000 flat. Whom is it applicable? If you are holding a valid [...]