Roles & Responsibilities of an Internal Auditor
Overview The business environment today is becoming increasingly competitive and aggressive given the complex legal & regulatory framework required to be followed by the start-ups. Irrespective of the success and growth of the business, it is always exposed to a certain level of risk throughout its life, but what really differentiates a start-up from its...
All you want to know about the Director KYC process in India
As we all know, a company is a separate legal entity having its distinct identity apart from its shareholders and its management. However, it is the board of directors who are typically known as the brains and hands of the company. Every start-up company /LLP has its designated partners and directors on its board, however,...
MOA & AOA of Company
Overview There is no better time to start-up more than ever. A lot of individuals including working professionals are choosing to start their entrepreneurial journey now. While most entrepreneurs focus primarily on developing unique products/services to sell, only a few of them can enable a disciplined and humble environment in their work to ensure the...
Removal vs Resignation of Directors
With each passing day more and more start-ups are being launched in the Indian ecosystem. While ensuring their survival among the stiff competition and multiple challenges, what sets a start-up apart from other start-ups even having better business models, is its ability to successfully grow from a seed into a profitable business often depends on...
Secretarial Audit of Startups and other Companies
Every healthy and financially sound start-up has one basic attribute i.e. sound system of corporate governance. Considering the importance of managing legal compliances for a start-up, there are various rules and regulations prescribed for certain start-up business organizations that should be recognized and timely followed to reduce the risk of occurrences such as fraud, mismanagement,...
Roles & Responsibilities of a Statutory Auditor
Overview Running a start-up is not easy anyway. Apart from the focus on key business development activities, it also demands constant investment in terms of time & effort for managing all the applicable statutory compliance and regulations. Start-ups in India are subject to various compliances under several laws & regulations. These include the periodic filing...
All About Annual LLP Compliances
Overview Starting a business and running it for the long term are two completely different things. It would be an interesting fact to know that most start-ups fail within five years of initiation of their business operations. But, what goes wrong? There could be many reasons such as failure to establish a unique product, disputes...
Brand Value & Valuation of a Business
Brand Value- Meaning & Definition In the literal sense, branding is the process of creation of a brand and could be defined as the act of giving a company a particular design or symbol to advertise its products and services not too many years ago, this used to be a close description of branding as...
Termination vs Resignation of an Employee
Overview In recent days, many start-ups have been grabbing headlines concerning lay-offs of the employees and surprisingly, this is not just about India. Loans mortgage USA-based start-up, Better.com, Nestle, Unilever, Renault, etc. Further, unicorn start-ups like Meesho, Zomato, Unacademy, Furlenco, OkCredit, Trell, etc. have laid- off more than 1700 start-up employees within the first quarter...
What Startups must know while signing Rentals & Lease agreement in India
Renting or leasing of property (either for residential or commercial purposes) is a common phenomenon these days. And if we look at it closely, there are various benefits associated with renting or leasing a property rather than purchasing the same. Firstly, renting a property doesn’t overburden a person with multiple expenses like EMI payments, house...
