Archives: Services

INTRODUCTION According to the Companies (Amendment) Ordinance 2018, companies registered on or after 2nd November 2018 are required to submit a certificate of commencement of business. Form 20A serves as a declaration that directors must file within 180 days from the date of the company’s incorporation. This compliance is crucial, given the substantial penalties for… Continue reading Commencement of business

Why is it Important? Filing DIR-3 KYC ensures accurate details of directors, and if submitted by the due date (September 30, 2024), it’s fee-free. Failure to file within the deadline deactivates DINs, and reactivation incurs a late fee of Rs. 5000 per director. PROCESS FOR FIRST-TIME FILING : Confirm your DIN status on the MCA… Continue reading Director KYC

WHAT IS COMMERCIAL AGREEMENT A commercial agreement is a legal contract between two or more parties that outlines the terms and conditions under which they will engage in a business transaction or relationship. These agreements are central to business operations, as they establish clear expectations, obligations, rights, and responsibilities for the parties involved, ensuring smooth… Continue reading Commercial Rental Agreement

WHAT IS RELINQUISHMENT DEED A relinquishment deed is a legal document used for the transfer of property. It caters to the members of a family or co-owners of a property, such as legal heirs. As the name suggests, a relinquishment deed is used when one party wishes to relinquish or renounce their share of the… Continue reading Relinquishment Deed

WHAT IS GIFT DEED A Gift deed is said to be a document where an individual gives out his/her property or anything valuable to the other person. The person can be anybody a friend, a family member, or even in charity if they want to give, in simple words they give to someone trusted Making… Continue reading Gift Deed

The tenant who wishes to take temporary possession of the property (for a specified duration) signs a residential rental agreement with the property owner. A residential rental agreement, also known as a rent deed or lease deed, contains information about the residential property that is crucial to understand. Owner of the property, renter (or tenant),… Continue reading Residential Rent Agreement

WHAT IS PROBATE ‘Probate’ means the copy of a Will, certified under the seal of a court of competent jurisdiction, with a grant of administration to the estate of the testator. The person who makes a Will, expresses his wishes to be executed after his death by certain persons who are generally named in the… Continue reading Probation of will

WHAT IS SALE DEED A Sale Deed is a legal document that facilitates the actual transfer of ownership rights in a property from the seller (referred to as the vendor) to the buyer (referred to as the vendee). It is a final and conclusive agreement that confirms the transfer of title to the buyer. The transaction is… Continue reading Sale Deed

WHAT IS DIRECTOR REPORT The Director’s Report is a crucial document that must be attached to the financial statements sent to shareholders. Under the Companies Act, 2013, the report must be based on standalone financial statements and signed by the Chairperson or, if not authorized, by at least two directors, one being a Managing Director.… Continue reading Director Report