Meaning: Every Indian entity who has taken deposits or conducted certain specified transactions, not covered as deposits, is required to file an annual return in form DPT-3, or the “Return of Deposits”. Specified transactions (not covered as deposits): a) Any amount received from any Government Body b) Any amount received from any foreign body or […]
The Supreme Court has held that an order passed under the Narcotic Drugs and Psychotropic Substances Act 1985 (NDPS Act) for the confiscation of a vehicle will be illegal if it was passed without hearing the owner of the vehicle. Referring to Section 63 of the NDPS Act, the Court said that an order confiscation […]
The Supreme Court, while deciding a case arising out of a complaint made for an offence under the Scheduled Caste and Scheduled Tribe (Prevention of Atrocities) Act, 1989 (Act), observed that an allegation of insult has to satisfy the requirement of having been made within public view. The Supreme Court on Friday ruled that a […]
Limited Liability Partnership (LLP) has become a preferred form of organization among entrepreneurs in India. An LLP incorporates the benefits of a partnership firm and a company. As the name suggests, an LLP is a partnership firm established by a minimum of two partners who enter into an LLP agreement. However, the partners of an […]
Starting a company in India can be an exhilarating journey into the world of entrepreneurship. India, with its vast market and growing economy, offers numerous opportunities for both local and international entrepreneurs. However, navigating the regulatory and bureaucratic landscape can be challenging. This guide aims to simplify the process and highlight how Roopali Grover and […]