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            Private Limited Company Registration

1. What Is A Company Registration

Registering your company with the Ministry of Corporate Affairs is company registration. You can register your company under a number of different categories like Public or Private but we’ll be discussing the later here. Moreover, how to carry out a Pvt Ltd Company registration?

2. What Is A Private Limited Company?

A Private Limited Company is a company with two or more members. Private Limited Companies are the most common incorporation in India. Subsequently, they’re also the most popular. Furthermore, in a Pvt Ltd company, there cannot be more than 200 partners. Free trade of stocks cannot be carried out of such a company.

3. What Is A Pvt Ltd Company Registration?

The Ministry Of Corporate Affairs allows companies to register as per their ownership. One of those registrations is for a Pvt Ltd company. To sum up, a Pvt Ltd company registration allows you to carry out business across India and the world.

4. Documents Required For The Incorporation Of A Private Limited Company

PAN Card of the company directors

Address proof of the directors.

A Simplified Proforma for Incorporating Company Electronically (SPICe)

A Memorandum of Association of Company (MoA)

An Article of Association (AOA)

Passport of the director in case he/she is a foreign national

Registered office proof of the company office

Identity and address proof of all the shareholders of the company

If another incorporation is a shareholder of the company then the incorporation certificate of the company has to be presented for the incorporation of a Private Limited company.

5. How To Carry Out A Pvt Limited Company Registration?

Firstly, you’ll need to get Digital Signature Certificates for your Directors. DSCs as they’re commonly known as are required when you fill online forms for the Ministry of Corporate Affairs.

Secondly, you’ll have to obtain a Director Identification Number (DIN) from the Ministry of Corporate Affairs. DINs are valid for a lifetime unless surrendered or withdrawn.

You’ll need to make a reservation for a name. This can be done by filing e-form INC-1. Subsequently, you’ll have to list down 6 names in preferential order.

Lastly, once you’ve gathered the above-mentioned documents and permissions you’ll have to make an online application and pay the fee for Pvt Limited company registration.

6. How Taxolawgy Helps You?

Firstly, we give you access to the best experts in the industry.

Secondly, it’s not expensive at all

The process is based on minimum paperwork

Lastly, it’ll be hassle-free for you

7. Guidelines To Follow While Carrying Out A Name Reservation

The name you apply with should be easy to spell and remember

The should provide a distinct identity to the company

Furthermore, it should be short & simple

Moreover, the name should adhere to public policy

The name you choose should not trigger any copyright or trademark of an already existing name or entity.

8. How Long Is This Registration Valid For?

Pvt Ltd company registration is valid as long as the company is in succession and inherited by someone. Furthermore, the company also has to meet with its annual compliances.

9. What Is A Pvt Ltd Company Registration Fees

A Pvt Ltd company registration fees can range anywhere from INR 6K to 20K depending on your consultant. If you’re looking for cheaper options, we at Taxolawgy can connect you to the cheapest and the best experts out there.

10. Time Taken For Registration

It normally takes around 2 to 3 weeks to register a Pvt Ltd company. But, if you’re in a hurry you should take help of an expert.

11. Why Choose Taxolawgy?

Firstly, we give you the best services at affordable prices.

Easy to use online services.

Also, reduced time through minimum paperwork.

12. Pvt Limited Company Registration Done

What is Whistle Blowing? In simple words the term whistleblower means a person who exposes secret information or activity that is deemed to be illegal or unethical within an organization. Though the word ‘Whistle Blower’ is a new entry in the vocabulary of the corporates but the concept is quite old. Whistle Blowing is the act of drawing public attention to perceived wrongdoing. Who is a Whistle Blower? A person who does the act of whistle blowing is called the whistleblower. A whistleblower could be an employee, contractor or a supplier who becomes aware of any unethical practices or illegal activities. Corruption, bullying, fraud, safety violations are some of the common activities highlighted by them. A whistleblower can register a complaint with higher authorities that would trigger criminal investigations against the company. To protect whistleblowers from losing their job or being mistreated there are specific laws for example in India there is the Whistleblowers Protection Act, 2014. Most companies have a different policy which clearly state on how to report such an incident.

What do Edward Snowden, Julian Assange and Ashok Khemka have in common? All of them exposed and leaked information about illegal activities. In simple terms they are whistleblowers. A whistleblower is an individual, who is either an employee of a company or a government agency. They disclose information to the public or some higher authority about any illegal activity, which could be fraud, corruption, etc.

Edward Joseph Snowden

is an American whistle-blower. He leaked highly classified data from the National Security Agency in 2013 when he was a CIA agent and subcontractor.

Julian Assange

is an editor and investigative journalist. In 2006 he founded WikiLeaks  WikiLeaks gained international attention in 2010 when it published a series of leaks provided by Chelsea Manning. These leaks included the Afghanistan war logs, the Iraq war logs, among many other issues.

Ashok Khemka

is a senior IAS officer, an Indian computer scientist and an economist. He is best known for cancelling Robert Vadra’s illegal land deal in Gurgaon.

“Whistleblowers endanger not only their lives but also the lives of their families when they expose influential people.”

Satyendra Dubey

was an Indian Engineering Service officer. He was a whistleblower in India and was killed in Gaya, Bihar in 2010. He tried to combat corruption in the Golden Quadrilateral Highway construction project. After his death, the government had to consider a law to protect people who expose corruption in India

Whistleblowers Protection Act in India, 2014 This act provides a tool to investigate alleged corruption and misuse of power by public servants. Also, it protects people who expose wrongdoing in government bodies, projects, and other areas. The wrongdoing might be in the form of fraud, corruption or mismanagement. Furthermore, the Act ensures punishment for false complaints.

The Whistleblower Act in India was approved by the cabinet of India as part of a drive to eliminate corruption in the country’s bureaucracy. It was passed by the Lok Sabha on 27 December 2011. Rajya Sabha passed this bill on 21 February 2014.

Complaints should include the identity of the complainant. But the Vigilance Commission cannot reveal the identity of the complainant except to the head of the department, and only if it is necessary. The Whistleblower policy in India penalizes people who disclose the identity of the complainant.

How to protect yourself as a whistleblower

Gather and store all the relevant information in a safe place.

Establish yourself as a reliable and credible source.

It is best if you do not disclose about the illegal activities to anyone except the complaint committee. But if you have to, then be careful about whom you disclose, to avoid retaliation.

Choose a trustworthy journalist. They can help provide more exposure to crime.

Communicate safely.

Know your rights, statute of limitations, and the whistleblower policy in India.

Additionally, whistleblowers can use encryption methods and anonymous content sharing software to protect their identity.

Steps To Whistleblowing Process

The whistleblower should have hard evidence that a corporation or a government contractor, has knowingly indulged in corruption or fraud.

Evidence needs to have the following data: names and contact information of the people involved in the wrongdoing, laws that they believe are being violated, and the location of incriminating documents.

Whistleblowers should keep the information confidential and avoid discussing it with anyone other than a trusted lawyer.

Cases like these often take a long time to resolve, so the whistleblower should prepare for a lengthy process.

Companies and people do not take allegations of wrongdoing lightly. So the whistleblower should prepare for the personal and professional backlash.

Whistleblowers should find a new job as soon as possible. They can get a bad reputation, which can affect getting a new job. So getting a new job before that happens is important.

They should find a capable lawyer for legal help.

Corruption in India

leads to the loss of a lot of taxpayer’s money. Whistleblowers expose these crimes that otherwise would have gone unnoticed. Thus, whistleblowers are the real heroes of our times. Find out more about other ways of fighting corruption

What is a Udyog Aadhar?

In simple terms, Udyog Aadhar is Aadhar for micro, small and medium enterprises. Basically, it is a 12-digit Unique Identification Number. The process to avail Udyog aadhar registration certificate is completely online and totally free of cost. Furthermore, industries registered with Udyog Aadhar receive the benefits of government schemes such as subsidies, easy loan approvals, etc. Why was it introduced? To begin with, Micro Small and Medium Enterprises are vital for India’s growth. Not only is this sector an employment generator, but it also bears to industrialize major rural and backward areas.

The main objectives of providing Udyog Aadhar registration are as follows:

In the first place, empowering the micro, small and medium enterprises to compete with the international competition;

Promoting the growth of MSME on a large scale to efficiently manage unemployment and poverty;

Providing the benefits of various government scheme at one stop;

Additionally, safeguarding small scale industries from financial harassment by big industries.

Earlier, to get SSI Registration or MSME registration, you needed to go through a lot of paperwork. Now, you need to fill only 2 forms instead of 11 different types of forms that were required earlier.

Entrepreneur Memorandum-I

Entrepreneur Memorandum-II

Thus, Udyog Aadhar eliminates redundant paperwork.

So, what are the Udyog Aadhar registration benefits? There are various benefits of obtaining

Udyog Aadhar registration online

. Some of them are given below:

Excise exemption

The exemption under the direct tax laws

50% reduction in fee for filing patents and trademarks

Credit guarantee scheme

Protection from delayed payments

Loans without guarantee, low-interest rates on loan

Financial support for participating in foreign business exposure from the Government of India.

Subsidies provided to increase the company’s revenue

Concession in electricity bills

The exemption provided when applying for government tenders

Furthermore, you also get octroi privileges

Information required for the process of Udyog aadhar registration certificate:

Aadhar Number

Name of Owner

Social Category

Gender

Physically Handicapped

Name of Enterprise

Type of Organization

PAN Number

Location of Plant

Official Address

Date of Commencement

Previous Registration Details

Bank Details

Major Activity- Choose between ‘Manufacturing’ and ‘Services’ as the major activity of your enterprise.

National Industry Classification Code(NIC Code)

People employed

Investment in Plant & Machinery / Equipment

DIC- Fill in the location of the district Industries Centre

Process of Udyog Aadhar registration online

You need to fill a one-page form either online or offline.

For online registration, you should visit the official website.

If you wish to register for more than one industry then opt for individual registration.

During this registration process, the individual also needs to provide his self-certified certificates.

Generally, no registration fee is required.

After filling and submitting the details, the registration number would be generated. Consequently, this number will be mailed to the registered email address and would contain unique Udyog Aadhar Number.

What are the steps involved in Udyog Aadhar update? In case, you need to update your details, please follow the below-given instructions for

Udyog Aadhar update

: 1. Firstly, visit the official website

here

. 2. Then, enter your Udyog Aadhar Number. 3. Enter the verification code and click on ‘submit’. 4. Enter the OTP received on your registered number. 5. Lastly, edit the details you want to change and press ‘submit’. In conclusion, it is quite evident that there are numerous

Udyog aadhaar registration benefits

which can help your business to grow. This blog can help you easily register for a Udyog aadhar. Although, if you still have any queries, contact us

here

“Consumer is the King” is the new mantra in current age for the sellers and service providers. We are in a generation of customer-centric environment. With changing times, the economic and business environment of India also went through a transformation. In the 1980s and 1990s, we opened our economy and truly became a global trading partner with the world. ​Most of the upcoming businesses are twirled in the dilemma of adopting and driving changes. This​ not only exposed customers to new products but also to new problems.  So, the government finally introduced the

Consumer Protection Laws in India

to Protect the Rights of Consumers. Complaints regarding goods can be filed in consumer court.

How to protect Consumer rights in India?

Before moving further, you need to ask yourself that have you faced any problems as a consumer? Have you ever complained when you have had such a problem? Do you know that you could seek the assistance of a consumer group to protect your interests? Are you aware of the rights of consumers in India?

If no, then this will help to fight and protect each and every right made for you as a consumer. Consumer Protection Act, 1986 secures the interests of consumers in contradiction to insufficiencies and defects in goods or services. It seeks to secure the rights of a consumer regarding unfair or restrictive business practices. This right helps to educate the consumer on their rights and responsibilities and how to seek help or justice when faced exploitation as a consumer. It teaches the consumer to make the right choices and differentiate between right and wrong.

The Consumer Protection Law in India

This act was passed in Lok Sabha on 9th December 1986 and in Rajya Sabha on 10th December 1986. It was approved by the President of India on 24th December 1986 and was published in the Gazette of India on 26th December 1986.

You no longer need to hesitate if you feel cheated as a consumer as the Consumer Protection Act covers all public, private and cooperative sector. And this applies to all the goods and services until and unless the Union government exempts it.

Basic Rights of A Consumer

You have all the

basic rights

i.e. the Right to basic needs, right to safety, right to information, right to choose, right to representation, right to redress, consumer rights and right to a healthy environment.

You can simply file a complaint by sending a notice to the construction company/ developer, before filing a formal complaint.

This complaint may be filed to eliminate the defect is found to be true by the appropriate laboratory from the goods in question, to replace the defective goods with the new ones of the same type free from the defects, to repay consumer with the appropriate price of the defective goods or charges paid by him, to pay the compensation to the complainant as may be decided by the redressal agency for the loss suffered by him, to remove the defects or deficiencies in the services rendered to the individuals, to stop the unfair or restrictive trade practice or give an undertaking not to repeat in future, not to supply hazardous goods and much more.

Sl. No. Rights Responsibility 1 Right to be Heard 1. Make sure you have the contact details of the company’s consumer grievance handling system and that they are easily accessible.

2. Try not to purchase products/services from a company that doesn’t provide details of the consumer grievance officers 2 Right to Redress 1. Ignoring losses on purchased goods or services and the failure to file a complaint against them encourages the unethical business people to continue the supply of low standard or defective goods and services. Always complain about genuine issues and never keep loses to yourself.

2. It is your consumer right in India, you must file a complaint if you are not satisfied with the provided quality of product/services.

3. Claim for the compensation/penalties as per the stated rules and regulations to ensure the improvement of quality delivery service.4. Read all the all terms and conditions related to return/replacement of defective goods, refunds and warranty policies. 3 Right to Safety 1. While purchasing goods look for relevant Standards such as quality mark – ISI, Hallmark, Agmark, ISO, FSSAI, etc.

2. Stay away from buying spurious/fake/duplicate/hazardous products 4 Right to Consumer Education or Right to be Informed 1. Do not completely rely on the words of sellers or the advertisements provided by them. Look for market reviews/feedback. Also, inform officers if you find a service or product to be of sub-standard.

2. The consumer should access to complete information on the quality, quantity, utility, price, etc., of the product or services.

3. Ask for consumer grievance forum contact details of the company you wish to buy the product from. 5 Right to Choose 1. Access the alternatives and information available with the product or service in consideration.

2. Compare specifications, other options and fair prices of the goods and services before finalizing on the purchase

3. Study feedback and reviews of the products or services.

What we actually need to do?

Under the

Consumer Protection laws in India

, you do not need to hire a lawyer to file a complaint. Duly fill the complaint form and submit it to the district forum commission having jurisdiction of the other party’s residence or office of profit or the area where the project is located. Fees for the same could be submitted via a demand draft when the claim is:

Less than Rs 20 lakh, the plea will be heard by the District Consumer Court.

Between Rs 20 Lakh to Rs 1 Crore, the plea will be heard by State Consumer Court

More than Rs 1 crore, the plea will be heard by National Consumer Court

However, it may be noted that a complaint to a redressal agency may be filed by:

An individual, consumer;

Recognized consumer association;

More than one consumer who has the same interest; and

The State or Central Government.

The complaint to a Consumer Court must be in relation to goods sold or delivered or service provided to the complainant. If the consumer court finds any of the allegations in the complaint filed before it, is true, it shall issue an appropriate order to the opposite party. Before going for consumer court call National Consumer Helpline tollfree number 1800 11 4000 under Department of Consumer Affairs, Government of India.

The adultery law in India defines Adultery or anextramarital affair as a criminal offence. Adultery is defined as a married man engaged in consensual sexual intercourse with another married woman. She could be any woman who is not his wife without the knowledge of his wife.

What are your opinions?

Let’s give this unpopular viewpoint a direction and see what the nation wants. Recently

extramarital affairs law

has been decriminalized by the supreme court stating that,

“Husband is not the master of the wife”

. But was this really what this country needed?

Who challenged the Law?

An Indian Businessman who lives in Italy, named Joseph Shine, petitioned the Supreme Court to eradicate the

extramarital affair law.

His argument was based on the discrimination posed by law against men by only staging them liable for extra-marital relationships or

extramarital affairs

while treating women like objects. The

adultery law in IPC

mentions that a man committing adultery “should be penalized with imprisonment of either description for a term which may extend to either five years, or with fine, or both.”In cases of

extramarital affairs,

the wife shall not be punishable as a partner in the act. Similarly, an unmarried woman shall not be prosecuted for adultery. According to the adultery law in India, the felony of an extramarital affair committed by a man against another man who is married. To understand better, let’s have a detailed view of the reasons behind the law.

Why is extramarital affair law Decriminalized?

Primarily, the reason behind decriminalizing the adultery law in IPC was that it invested rights only in the hands of the husband. Someone whose wife shared a consensual sexual relationship with another married man. Although the wife of such married man has no right to complain. Would we term this inequality? Or mere patriarchal law!Do you think it had to end or there was any second option? Decriminalizing the adultery laws in India was the only option? What rights does a partner have now when their spouse undergoes adultery? This article is not for expressing the grievous folly that the judgement has done but for inviting thoughts on the issue. An opinion that might be unpopular among a lot of people, but instead of decriminalizing the whole section, there could have been a better solution. Maybe, giving equal rights to the married woman to complain against her partner who commits adultery, whether with a married or unmarried woman, would have been one of the solutions.

What could be the approach?

Even that solution might have a number of loopholes, but adultery is not just a crime in the books of Indian penal code. It is a crime of emotions, a crime against the trust, it’s a crime against love, loyalty. According to me, it should not remain completely unpunished.The petitioners wanted to throw light to the following issues related to Section 497:

The petitioners look forward to making Section 497 a gender-neutral law. The law suggests punishment to man only. And no recommendations are there for a woman.

According to Section 497 the adultery law in IPC, a woman cannot complain against her husband who has committed adultery with another woman. The law has no provision for such acts but shouldn’t there be any consideration for her feelings, emotions, faith and trust?

Why it is called the Anti-woman law?

To add to it, the

adultery law in IPC

treats a woman as an object. Setting man free to involve in a sexual relationship without the knowledge or consent of his wife. As per Section 497, the act not considered a crime if the husband of the woman has no issues with the incident. Hence it has been called an anti-women law. This decision against adultery laws are considered socially progressive, which one might not deny, but punishment to such dishonesty should be inevitable under the books of law. Provide rights to both gender equality for such crimes. “A couple may part their ways if either cheat. Attaching criminality to disloyalty in marriage is going too far,” the Chief Justice said. There is no data to support claims that elimination of adultery as misconduct would result in “disorder in sexual morality” or an increase of divorce.

An expert view!

Chief Justice wrote: “How married couple deal with adultery is clearly an issue of their privacy at its peak.

Marriage