Article by Laghima Jain. Independent Directors were introduced in the Companies Act, 2013, after the need for a strong framework of corporate governance arose for better functioning of the company. The Companies Act, 1956 (hereinafter the Act of 1956), never had the provision of introducing an independent director of the company to bring transparency. However, […]
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Article by Pratibha Jha What is Copyright? Copyright also known as Author’s Right, is described as a legal term which means the right that creators have over their work that ranges from artistic to technical drawings. Copyright protects the original works of authorship, more specifically the ‘’form of material expression’’. Although copyright accounts as an
Article by Eshani Jain. Revenue is the income that an organization earns by selling its product or service. Revenue can be generated by a firm from numerous sources in the form of rent, commission, transaction fees, arbitrage, markup, service revenue, product revenue, consulting, brokerage fee, interest, dividend revenue, etc. Generally, revenue streams are categorized into 4
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Article by Drishti Saigal. With the state of economy, it is the center and lower socio-economic class that have to bear the monetary burden. In such a scenario the ordinary man’s bread and butter is affected as most investments cater to larger amounts. Even the savings in the bank give very little scope for growth.
Article by Namrata Ghosal. Business communication is the single most important factor which influences a startup culture. Businesses without proper communication skills are just like a ship without radars. For your startup to be successful, it’s very important to know how to communicate with your employees as well as your target audience. The primary function
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Article by Pulkit Arora. Edited by Richaa Mukhopadhyay Guess what distinguishes Apple from Samsung? It’s not their products that are the differentiating factor, but their brand. A brand is built up of several constituents such as the name, logo etc. And, trademark is what protects the brand name which helps your products/ services distinguish themselves
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Article by Pulkit Arora. Edited by Adhip Ray. Non-Banking Financial Companies (NBFCs) are financial organizations carry out activities which are similar to banks (while not being banks themselves). It has been defined in the Section 45I(f) of the RBI Act, 1934 as – “(i) a financial institution which is a company; (ii) a non-banking institution which is
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Article by Eshani Jain. All businesses need a consistent and predictable stream of finance for their daily as well as long-term operations. Finance for short-term operations is known as working capital financing and long-term financing helps you manage and improve your startup’s finances. In this article, I will go through various ways in which your startup
Article by Sugandha Nagariya Incorporation of a company is not as easy as it seems; it requires loads of paper works and preparation of many documents. The two major documents that are required to be prepared by a company during its incorporation are Memorandum of Association and Articles of Association. Any small defect in these
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Article by Drishti Saigal. After a startup manages to get a basic amount of funding, it tries to incorporate itself into a proper business legal structure. India allows for several business formats such as sole-proprietorships, partnerships, Limited Liability Partnerships and Companies. Of these all, LLPs are mainly used by businesses pursuing professional services, while most startups
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