Obligation under “TAKE OR PAY” agreement:-is it operational Debt under IBC? – EasyLegalTax

By |2019-09-18T12:54:17+05:30April 20th, 2019|Insolvency(IBC)|

For filing Complaint for recovery of money under IBC the one should be either financial creditor or operational creditor. To qualify as creditor in either of the category- financial or operational creditor the one must be qualified as per the definition of owing financial debt or operational debt. It is always been and debated [...]

List of 32 Mandatory Compliances of Private Limited Company – EasyLegalTax

By |2019-04-23T10:33:11+05:30April 20th, 2019|Company Law|

1. Company Name Board- Every Company shall paint or affix the name and address of registered office and keep the same painted/affixed, outside every office or place in which its business is carried on, in legible letters. 2. Letter Head of Company- Every Company shall get its name, address of registered office, CIN, telephone and [...]

How To Write Effective Project Report For Raising Funds By NGO

By |2019-09-18T13:32:01+05:30April 20th, 2019|NGO`s|

Any organisation running as non-profit, it requires funds when it comes to funds the question arises from where it will come? Funds will be contributed by your potential donors. Donor are always there but they must be convinced with strong reasons answering their all why’s for them going ahead funding your NGO. To present [...]

What is Insolvency And Bankruptcy Code(IBC)?

By |2019-09-21T16:49:15+05:30April 13th, 2019|Insolvency(IBC)|

What is IBC? Insolvency and Bankruptcy Code 2016 is one of the biggest step undertaken by India towards much required economic reform of country. That’s why Government has rolled out such a code in a very speedy manner for its implementation. History Line of IBC:- Difference between Insolvency and Bankruptcy? Going forward [...]

4 Situations When Liquidation Can Be Ordered Under IBC – EasyLegalTax

By |2019-04-22T12:01:20+05:30April 8th, 2019|Insolvency(IBC)|

Under insolvency and bankruptcy law, it’s always not been the situation that the resolution process for the revival of corporate debtor initiated under the code becomes successful and everyone gets the satisfied solution. In such situation, liquidation of the debtor becomes the last option. There could be following four situations under which liquidation can [...]

What Is FSSAI & How To Get FSSAI License? – EasyLegalTax

By |2019-04-22T12:00:09+05:30April 6th, 2019|Registrations|

What is FSSAI? FSSAI stands for Food Safety and Standards Authority of India. It is an organization that monitors and governs the food business. It ensures the food products undergo quality checks thereby curtailing the food adulteration and sale of bad quality products. Who should get FSSAI License? Every food business operator (FBO) involved [...]