There are several advantages of the formation of an LLP in Delhi NCR lesser incorporation cost, No minimum capital requirements, and no limit on the number of partners, while a minimum 2 partners are required to form an (LLP) in Delhi NCR, there is no limit on the maximum number of partners. LLP also needs to complete annual compliance that includes Income tax returns, financial statements, and Annual Returns filings with MCA at the end of each year.
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Simplifying Business Ventures Company Formation in Delhi and Gurgaon with Patron Accounting LLP
Embarking on a business journey in India requires navigating through various legal processes, and selecting the right location for company formation in Delhi is a critical decision. For entrepreneurs eyeing the bustling markets of Delhi and Gurgaon, Patron Accounting LLP emerges as a trusted partner, providing comprehensive support for company formation with expertise, efficiency, and a commitment to excellence.
Company Formation in Delhi and Gurgaon: A Strategic Choice
India's capital city, Delhi, and its neighboring financial hub, Gurgaon, have become magnets for businesses due to their strategic locations, robust infrastructure, and thriving economies. Whether it's the cultural richness of Delhi or the corporate landscape of Gurgaon, setting up a business in these regions offers access to diverse markets and opportunities.
Patron Accounting LLP: Streamlining Company Formation
Legal Expertise: Company formation in Gurgaon involves navigating a maze of legalities, and Patron Accounting LLP excels in providing expert guidance. The firm's team of seasoned professionals is well-versed in the legal intricacies of company formation, ensuring that the process complies with all regulatory requirements.
Customized Solutions: Recognizing that each business is unique, Patron Accounting LLP offers customized solutions tailored to the specific needs of the client. Whether it's a startup, a small business, or a multinational corporation, the firm adapts its services to match the scale and nature of the business.
Efficient Process Execution: Time is of the essence in the business world, and Patron Accounting LLP understands the importance of swift and efficient processes. The company streamlines the company formation process, minimizing bureaucratic hurdles and ensuring a timely establishment of the business.
Comprehensive Support Services: Beyond the initial stages of company formation, Patron Accounting LLP provides a range of support services. From accounting and bookkeeping to tax compliance and regulatory filings, the firm serves as a holistic partner throughout the business lifecycle.
Why Choose Patron Accounting LLP for Company Formation?
Local Insight: Having a deep understanding of the local business landscape in Delhi and Gurgaon, Patron Accounting LLP leverages its knowledge to provide valuable insights and guidance. This local insight is invaluable for businesses looking to establish a strong presence in these dynamic markets.
Cost-Effective Solutions: Patron Accounting LLP is committed to offering cost-effective solutions for company formation. The firm understands the financial considerations of businesses, especially startups, and strives to provide value for money without compromising on quality.
Technology Integration: Embracing technological advancements, Patron Accounting LLP utilizes cutting-edge tools and software to streamline processes. This commitment to technology not only enhances efficiency but also provides clients with real-time updates and access to critical business information.
Client-Centric Approach: At the core of Patron Accounting LLP's ethos is a client-centric approach. The firm values client satisfaction and strives to build lasting relationships by delivering exceptional services and fostering open communication.
conclusion:-
Patron Accounting LLP stands as a reliable ally for entrepreneurs navigating the complexities of company formation in Delhi and Gurgaon. Through its legal expertise, customized solutions, and commitment to efficiency, the firm simplifies the journey of establishing and managing businesses in these vibrant and competitive markets. For those seeking a trusted partner in the realm of company formation, Patron Accounting LLP represents a beacon of excellence, guiding businesses towards success in the dynamic business landscape of Delhi and Gurgaon.
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All You Need to Know About Partnership and LLP
Comprehending the complexities of partnership and LLP formations is vital for entrepreneurs aiming to build thriving businesses. While partnerships offer adaptability, they entail unrestricted liability for partners. In contrast, LLPs provide partners with limited liability while preserving flexibility and easy management. Corporate Genie stands out as the premier option for LLP registration in Delhi, Gurgaon, and Noida.
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LLP Registration In Gurgaon | Services Plus
Services Plus gives you the fullest LLP registration in gurgaon. LLP Registration in Gurgaon is the process of registering a company as an LLP in India. It is one of the procedures involved in forming an LLP. It is the procedure for registering the company as an LLP. People can use Llp Registration to register their limited liability partnerships, limited liability companies, or limited partnerships. It offers free company formation and searches.
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Limited Liability Partnership (LLP) is an alternative corporate business entity that provides the benefits of limited liability of a company but allows its members the flexibility of organizing their internal management on the basis of a mutually-arrived agreement, as is the case in a partnership firm.
Proxcel is a specialized corporate advisory firm and our experts can assist you in setting up of Limited liability partnership firm, as well as end to end compliance of LLP.
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We are one of the best consultant offering services like Company Formation Services in India, Accounting Service, New company registration in Delhi India, Foreign company registration in Gurgaon india, LLP registration in India, Company formation services , Private Limited Company Registration, Company incorporation in India and Setting up subsidiary in India.
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Gurgaon Business Database
Buy & Get Gurgaon Business, b2b, companies, industrial and marketing database of Gurgaon related to sme, msme, manufacturer, importers, exporter, wholesaler, trader, distributors, supplier and many more.
99datacd is providing you an accurate list and directory so that you can get to know...how many companies are there in Gurugram. Always stay tuned with our website for being updated with the latest database which is being launched by our 99Data Cd team.
We have over 27400 companies database from Gurugram Business, Industry, Trades that is being provided in Excel Format. Download entire list and directory from official website 99 Data CD.
Multi National Companies, Co-Operates Companies, LTD/PVT LTD/LLP Companies, Micro, Small & Medium Business Houses And Many More.
Read More: https://www.99datacd.com/product/gurgaon-business-database.html
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Get private limited company registration in Gurgaon by Ifilingportal. We provide services like Company Registration, Company Formation, LLP, joint venture, etc. at the lowest price.
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Corporate lawyer Law Firm in Gurgaon Haryana India
We have a Team of Corporate lawyers in Gurgaon and Our Corporate Laws Services includes:
1. Corporate Laws
Incorporation of Entities. Ethical Legal Consultants assists in formation of all kind of corporate entities, including Company, LLP, Trust, not-for-profit (Section25), Society, (Wholly owned) Subsidiaries, etc. Corporate lawyer in Gurgaon.
2. Joint Venture Companies
Joint Venture companies are magnificent legal tool that allows technology transfers and governance of the JV entity in a manner so specified by the participating companies. Ethical Legal Consultants lawyers are in a unique position to assess the strengths and weakness of partners to enable successful and profitable JV relations. Provided by our team of Corporate lawyers in Gurgaon.
3. Corporate Compliance
Modern day corporations require number of compliances to be followed in India. Ethical Legal Consultants has documented all compliances and prepared a checklist to assist corporations in their day to day compliances. This keeps management free from facing any negative legal consequences; and helps them focus on the business. In case of assistance in these, Do check with our team of Corporate lawyer in Gurgaon.
4. Foreign Direct Investments
Ethical Legal Consultants legal team assists Investors and Funds to make appropriate investments into several sectors as per the Reserve Bank of India (“RBI”) guidelines. Our team of Corporate lawyer in Gurgaon are well equipped to provide and expertise - The knowledge and practice of Banking Law has placed Ethical Legal Consultants in a unique position to handle these big investments.
5. Structuring Stock Options
Whether it’s rewarding Employees or the Board members, Ethical Legal Consultants plays a unique role in structuring the stocks to be vested upon a specified occurrence, as per the Indian Laws.
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Bhushan Power and Steel Insolvency Professionals Mahender Khandelwal
I am Mahender Khandelwal is a registered insolvency and Chartered Accountant professional. Senior management and financial professional with wide experience spanning over 30 years in entire continuum of structuring, financing through debt and equity instruments. Management and turnaround of Special situations and Insolvency across wide spectrum of industries.
Led Restructuring and Resolution of a large corporates (100+) across various sectors viz. Iron and Steel, Stainless Steel and utensils, System Packaging, Forging Industry, Pharma, Hotels, NBFC, Rice and Food Processing, Fertilizers, Biodiesel, Edible Oils, Biomass, Solar Panels, Power and Infrastructure, Textile, Education, Auto Component, Polymers, Electric Appliances, Plywood, Construction and Real Estate.
Started BRS practice in BDO & PWC as Leader & Partner successfully resolved 20 plus cases in Insolvency under my leadership ranging fromm 200 crores to 50,000 crores.
Prior to that I was running my Boutique Consultancy firm in the name of Varrenyam Consultants Pvt Ltd.
MONITORING PROFESSIONAL
Bhushan Power and Steel Limited.
Jul 2017 – Mar 2021
3 years
BPSL is the among first dirty dozen cases referred by lenders to insolvency. The company have a borrowing of more than 47000 crores from over 35 lenders. There has been an all-round growth and complete turnaround in the operations of the company since the commencement of CIRP.
When RP took control over BPSL, capacity utilization was meagre 47% with production level of 82,000 MT per month and EBITDA loss. Due to combination of proactive CoC and decisions taken by the RP for enhancement of capacity utilization.
During CIRP period production had increased to 200,000 MT and the company generated EBITDA of more than 4000 crores. Moreover, the company under the leadership of the RP/MP was able to reduce the statutory and worker liabilities besides improving working capital levels. The RP/MP further ensured smooth operations while managing 15,000 employees across 9 locations and provided increments to the employees. Some of the incomplete projects were completed by incurring additional CAPEX with COC approval. On the date of implementation there was working capital of more than 7500 crores in cash balance of around 2500 crores.
During CIRP Period RP have handled enquiries/investigations from Regulatory Authorities i.e. SFIO, CBI, ED and GST for pre CIRP period including closing of draft forensic audit conducted during pre CIRP period including closing of draft forensic audit report conducted during pre CIRP period.
Due to turnaround and enhanced operations, Resolution applicants improved their bid amount from initial12,000 crores to 19,800 crores and JSW successfully implemented the resolution plan and taken over control of BPSL. The Financial creditors have recovered around 42 percent of their dues in BPSL resolution.
Corporate Insolvency Resolution Process
KSK MAHANADI POWER COMPANY LIMITED Oct 2019 – June 2020
Hyderabad Area, India, Power Plant at Bilaspur 3600MW
KSK Mahanadi operates a coal-based power project with a nameplate capacity of 3600 MW. The company has 3 operational units and rest are under various stages of construction. After commencement of CIRP process, we are able to operate all 3 units generating highest load with 80% capacity utilization and PLF of about 76%.
With existing operational and technical team, we have introduced various cost cutting programs to bring in efficiency in operations. In the ongoing COVID-19 lockdown, we were running the plant at full capacity and supplying power to distribution companies despite cash flow constraints.
CIRP of KSK is substantially delayed as rail and water infrastructure of power plant are housed in separate subsidiary companies and lenders have filed a consolidated application in NCLT. Getting investors interest in standalone Power plant is a challenge due to unenviability of rail and water infrastructure.
Resolution Professional
Prius Group of Entities
Apr 2019 – Present
New Delhi
RP for 5 Commercial real estate companies of Ex Ranbaxy promoters namely Pawan Impex Pvt Ltd, SVIIT Software Pvt. Ltd, Payne Realtors Pvt Ltd, Prius Commercial Projects Pvt Ltd. and Sharan Hospitality Ltd.
Financial Creditors
S. No.
Entity
Amount Admitted
Resolution Amount
Percentage Recovery
Resolution Applicant
Stage of Implementation
1
Prius Commercial Projects Private Limited
407.83
407.83
100.00%
Consortium of Kotak Investment Advisors Limited, Minicon Insulated Wires LLP and Elita Capital Advisors LLP
implementation has been completed
successfully
2
Sharan Hospitality Private Limited
76.75
76.75
100.00%
Majestic Auto Limited
Resolution Plan
approved,
implementation of plan
is still going on
3
Payne Realtors Private Limited
27.36
27.36
100.00%
City Gold Entertainment Ltd.
implementation has
been
completed
successfully
4
Pawan Impex Private Limited
194.85
130.00
67.00%
Consortium of DMI Alternative Investment Fund - Special Opportunities Scheme, Fact Software Private Limited and Yash Gupta
Resolution Plan
approved,
implementation of plan
is still going on
5
SVIIT Software Private Limited
59.23
35.15
60.00%
Mr. Parmjit Gandhi
Resolution Plan approved, implementation of plan
is
still going on
Educomp Solutions Ltd.
May 2017 till date:
Till date running the company as going concern and up to date in payment to employees, Statutory dues and operational expenses in spite of adverse situation due to covid 19. Resolution Plan of EBIX Singapore Pte. Ltd. was approved by the lenders and subsequently approved by NCLT. However, due to covid resolution applicant have filed application in NCLT/NCLAT for withdrawal which NCLAT not allowed. Resolution applicant filed in Supreme court, which is pending for final judgement.
Partner and Leader Business Restructuring Services
PwC Professional Services LLP Full-time
Apr 2018 – Aug 2019
1 year
Gurgaon
Joined as Partner & Leader of Business Recovery Services (BRS) practice at PwC India. PwC is among the top consultancy firm in India and a world leader in BRS & stressed asset resolution practices.
As a BRS Leader, I was leading a team of 70 dedicated professionals for the overall development and growth of the vertical. I have overseen and guided various CIRP assignments under various RP’s including Uttam Value Steels, Uttam Galva Metallics, Era Infra & Engineering, Parabolic Drugs, Diamond Power Infrastructure Ltd, Videocon group companies, KSK Mahanadi, Sukam Power Systemsand PRIUS group of companies.
During this stint, I have developed strong and credible relationships with, stressed assets funds, international fund houses, ARCs and NBFC.
Partner & Leader- Business Restructuring
BDO India LLP Full-time
May 2017 – Apr 2018
1 year
New Delhi Area, India
BDO India LLP is the India member firm of BDO International. BDO India offers strategic, operational, accounting, tax & regulatory advisory and assistance for both domestic and international organizations across a range of industries.
As the leader and partner of BRS division, I was instrumental in establishing insolvency practice for BDO. Through persistent market development efforts, BDO was successfully awarded 3 out of first dirty dozen insolvency cases. These cases were Jyoti Structures, ABG Shipyards and Bhushan Power and Steel Ltd. BDO also won 3 cases in mid-market segment. I also developed a team of insolvency professionals, execution team for claim verification, process advisory, operation and maintenance, sectorial compliances, Balance sheet and cash flow monitoring. My team was the first one to develop system, procedures and SOP’s for insolvency practice. In the very first year of operations, we won more than Rs. 100 crore business.
Managing Director
Varrenyam Consultants Private LimitedSelf-employed
May 2004 – May 2017
13 years and From April 2021 to till date
New Delhi Area, India
A boutique financial advisory services firm specializes in the field of financial restructuring of distressed companies, settlement of debts, and resources mobilization. During this period, I have advised more than 100 corporates on financial restructuring and settlements ranging from 200 crores to 25000 crores.
My firm was leading advisor in the Corporate Debt Restructuring process (CDR) and was instrumental in strategy formulation, scheme preparation, financial modelling, valuation and techno economic studies. We were also involved in finding strategic investor/buyers for some of the companies where post restructuring plan required change of management.
We also organised funding for distressed assets through ARC, special situation funds, NBFC’s.
Post implementation of CIRP assignments I have restarted my above Boutique firm.
General Manager Finance
ROLLATAINERS LTD
Apr 2000 – Apr 2004
4 years
Faridabad, Haryana and Delhi
As finance head, my job profile included Treasury Management, funds control including collections and disbursements and supervision of banking transactions. I was directly reporting to the President, Executive Director and Board of Directors comprising top Professionals.
I was instrumental in implementing Financial and Operational Restructuring. Financial restructuring involved Rephasement of repayments and lowering of interest rates in first phase, creating vehicle for Venture fund investment and saving the company from BIFR. As a member of Board presentation to board on various restructuring options, Strategy formation and approvals of board on various cost cutting and restructuring options including shutting down.
I also involved in strategy formation and approvals of board on various cost cutting and restructuring options including shutting down of loss-making businesses. Redesigning of MIS Systems and assisting top management on various financial strategies. Consolidation and Centralization of Finance, Accounts and Purchase function. Business valuation, financial modeling, Audit Finalization – Statutory, Internal, Tax, Stock, Concurrent and due diligences.
Senior Manager-Finance &Accouts
Modi Rubbers Ltd
May 1997 – Mar 2000
2 yrs 11 months
Delhi Area, India
Part of Modicorp (ultimate holding company of B. K. Modi group companies), I was responsible for managing funds, control, overall supervision of accounts department of 13 companies in layers of holding and subsidiary structure.
I was also involved in Tax Planning, finalization of Accounts and interaction with Statutory, Internal, Tax Auditors and Auditors for valuation and Due Diligence. I also supported group financial controller for credit rating in respect of US$ 50 Million ECB. Liaison with banks, financial institutions and taxation authorities.
Sr. Manager-Finance
SARDA PLYWOOD INDUSTRIES LTD
Mar 1992 – Mar 1997
5 yrs 1 mo
Delhi, India
As a part new project division, worked on project evaluation and viability study of various projects and participated in launching of new project from grass root level to concept paper for management, Joint Venture partners, and term lending institutions, venture capital funds, banks and state level institutions.
I was also responsible for arrangement of export credit limits from banks and export documentation. Overall supervision of Accounts department, balance sheet finalization and other related activities.
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Seamless Ventures Navigating Company Incorporation in Gurgaon with Patron Accounting LLP
As one of the thriving hubs for business and innovation in India, Gurgaon has witnessed a surge in entrepreneurial endeavors, with a myriad of companies establishing their presence in this dynamic city. Among the key players facilitating this process is Patron Accounting LLP, a company that has become synonymous with smooth and efficient company incorporation in Gurgaon and beyond.
A Hub for Business Growth:-
Gurgaon, also known as Gurugram, has evolved into a bustling economic powerhouse, attracting businesses across industries. Its strategic location, proximity to the national capital, and well-developed infrastructure make it an ideal choice for entrepreneurs looking to set up their ventures. However, navigating the intricacies of company incorporation in India can be a complex process, requiring expertise and thorough understanding of the legal and regulatory landscape.
Patron Accounting LLP:-
Patron Accounting LLP emerges as a guiding force for entrepreneurs venturing into the business landscape of Gurgaon. Specializing in company incorporation in India, the firm offers a comprehensive suite of services designed to streamline the process, ensuring that businesses can commence operations with confidence and compliance.
Expertise in Company Incorporation:-
The expertise of Patron Accounting LLP in company incorporation is rooted in a deep understanding of the legal frameworks and regulatory requirements in India. The company's team of seasoned professionals guides clients through each step of the incorporation process, from obtaining necessary approvals to drafting and filing essential documents. This ensures that entrepreneurs can focus on their business vision while leaving the intricacies of company formation in capable hands.
Tailored Solutions for Varied Industries:-
One notable strength of Patron Accounting LLP is its ability to cater to a diverse range of industries. Whether it's the tech sector, manufacturing, services, or any other domain, the firm's understanding of sector-specific nuances enables it to provide tailored solutions. This flexibility ensures that the company incorporation process aligns seamlessly with the unique needs and challenges of each industry.
Compliance and Regulatory Adherence:-
Navigating the regulatory landscape is a crucial aspect of company incorporation, and Patron Accounting LLP excels in ensuring strict compliance. The firm stays abreast of the ever-evolving legal requirements, guiding clients to adhere to all necessary regulations. This commitment to compliance not only instills confidence in clients but also establishes a solid foundation for the smooth operation of their businesses.
Transparent and Client-Centric Approach:-
Patron Accounting LLP distinguishes itself with a transparent and client-centric approach. The company understands that clear communication and transparency are paramount in the intricate process of company incorporation. Clients are kept informed at every stage, providing them with the clarity and assurance needed to make informed decisions for their businesses.
Post-Incorporation Support:-
Beyond the initial stages of incorporation, Patron Accounting LLP continues to be a reliable partner for businesses in Gurgaon. The firm offers post-incorporation support, assisting clients in navigating ongoing compliance requirements, tax obligations, and other post-establishment considerations. This holistic approach ensures that businesses have a steadfast ally as they grow and evolve.
Conclusion:-
In the dynamic business landscape of Gurgaon, Patron Accounting LLP stands out as a beacon of support for entrepreneurs embarking on the journey of company incorporation in India. The firm's expertise, industry-specific solutions, commitment to compliance, and client-centric approach collectively contribute to a seamless and efficient process. As Gurgaon continues to be a magnet for business opportunities, companies can confidently turn to Patron Accounting LLP for their expertise in navigating the complexities of company incorporation, setting the stage for successful and sustainable ventures.
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Online Process Of Limited Liability Partnership Firm Registration in Haryana
Online Process Of Limited Liability Partnership Firm Registration in Haryana
Do you want LLP Registration in Haryana, and then this is the exact place for you. There are so many nature of business entity, which you can incorporate in Haryana, like Haryana is one of the fastest developing State of Haryana and there are so many clients in Haryana who has incorporated Company via FinanceBazaar.com. Currently financebazaar.com is the one of the Top Business formation service provider in Haryana, you can also see FinanceBazaar customer feedback on Google. As we all know Haryana is one of the fastest developing state in India where you can do your business without any complications. Company incorporation in Haryana is not an easy step for each and every one, because there are so many different formalities that you required to follow and there are so many different legal paperwork that you need to fill for fully Firm establishment. But you don’t have to worried about anything, because FBAZAAR is offering online Firm registration service in Haryana which client don’t have to do anything. client have to give only documents and Gov Charges and FinanceBazaar will look out of all. Basically Business establishment procedure takes 7 to 10 working days that rest rest on client cooperation.
On this page you will get Each explication about Online Process Of Limited Liability Partnership Firm Registration in Haryana
What Finance Bazaar will provide
PAN and TAN
MOA and AOA
Digital Signature Certificate For Every Directors
Certificate of Firm registration
Share Certificates
GST Number (If require)
As follows Information recommended for Business registration in Haryana
Firm Name: - The Company name that you need to form will be provided by client side, but there are a lots of provisions for selecting the Firm name. You can't use common words and those words that are previously registered or trademarked can not be unobjectionable. FBAZAAR Top Chartered Accountant will guide you even in selecting Firm name.
Authorized Capital: - At Least 1 Lakh Authorized fund is compulsory for Firm incorporation in Haryana . You can expand it as per your requirement. But if you will expand authorized amount, exceeds than 10 Lakh, then registration duty will even expand.
Paid-up Capital: - You can take off your Firm from One Rupee paid-up fund in Haryana and you can expand it as you need, but you should understand the paid-up amount amount of money always less than the Authorized amount.
Number of Directors: - Minimum two directors compulsory for PVT LTD Company and only single director for One Person Company. In Private Limited Firm you can enhance the number of directors till 15.
Business Activity: - This is an main part of your Firm, your business activity will identify the business class in which your Business name will be enrolled and it will also listed in MOA and AOA.
Office place: - The office address where you need to enroll your Firm.
Every Directors mail address and contact number: - Every Single director email and phone number required for Digital Signature Certificate (DSC) and Director Identification Number (DIN).
Required Documents for Company enrollment in Haryana
These are some following documents that you must required to provide for Business establishment in Haryana:
Aadhar Card/Voter Card/Driving License/Passport of All Directors
Pan Card of Every Single Directors
One utility bill (Electricity, Gas, Phone, Water Bill of any name) for office address proof
Latest Bank Statement of Every Single directors/Any Current bill for address proof of Each and Every directors like Mobile Phone Bill, Gas Bill, Electricity Bill, etc.
Photographs of Each directors.
For GST Registration Rent Agreement Between company name and owner of the property where company has registered.
Fees for Firm establishment in Haryana
LLP Registration Fees in Haryana is roughly Rs 6999/- (Six Thousand Nine Hundred Ninety Nine Rupees Only/-), but it can different as per your condition. If we discuss about fare structure, then at the very beginning 1000 rupees send to the Gov for Firm name apply and you have two opportunities for your Business name reservation, if your Company name is uncommon, then it can be permitted in first trial. If two times your Company name has disavowed, then you need to pay 1000 rupees once again to the Gov for resubmit alternative name registration. After Business name permission you need to pay Gov stamp duties that can be differ as per your Authorized capital or state rules. Each states have own rules including Haryana about registration fee for Company enrollment. If you require two directors in your Firm, then roughly 500 Rupees Each director Cost for DSC (Digital Signature Certificate), if directors will increase, then the Digital Signature Fees will also increase consequently. PAN & TAN Cost also collect by Gov that will not be fluctuate. And final our registration fees includes for doing and getting ready all documents, documentations and other activities.
Finance Bazaar offer Following services in Haryana
Finance Bazaar offering Each services overall in India even Haryana in Each and Every cities like Yamuna Nagar, Gohana, Palwal, Pehowa, Haryana, Samalkha, Shahbad, Ratia, Sonipat, Mandi Dabwali, Sirsa, Panipat, Mahendragarh, Karnal, Hissar, Jhajjar, Narwana, Panchkula, Rania, Ladwa, Ambala, Bhiwani, Yamunanagar, Ellenabad, Sohna, Narnaul, Kurukshetra, Gurgaon, Taraori, Jind, Hansi, Safidon, Faridabad, Fatehabad, Gurugram, Kaithal, Rohtak, Khanda, Charkhi Dadri, Sarsod, Tohana, Rewari, Nuh, etc.
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Business Process Re engineering (BPR) encourages organisations to replace conventional approaches of problem solving with revolutionary thinking. Attached thought leadership document explain what BPR is, it’s important, and step by step process for execution of BPR project. The document also contain a case study to indicate potential benefit of BPR initiative.
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Formation of a Nidhi Company And Their Compliances
Section 406(1): “Nidhi” or “Mutual Benefit Society” means a company which the central government may, by notification in the official gazette, declare to be Nidhi” or “Mutual Benefit Society”, as the case may be.
Section 406(2): The central government may by notification in the official gazette, direct that any of the provisions of this act specified in the notification:
A) Shall not apply to any Nidhi or Mutual benefit society; or
B) Shall apply to any Nidhi or Mutual benefit society with such exemptions, modifications and adaptations as may be specified in the notification.
APPLICABLE RULE: NIDHI RULES, 2014
CONTENTS:
1. Incorporation And Incidental Matters.
2. Requirements For Minimum No. Of Members,
Net Owned Fund Etc.
3. General Restrictions Or Prohibitions.
4. Membership & Allotment Of Shares.
5. Branches( Opening & Closing).
6. Deposits And Loans By Nidhis.
7. Rules Relating To Directors.
8. Penalty For Non-Compliance.
9. Exemptions To Nidhi Company.
READ MORE- India;s Top Accounts Outsourcing & Tax Consultancy Firm in Delhi, Noida, Gurgaon - Especia Associates LLP
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