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Showing posts from May, 2023

Company Registration Procedure

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Company Registration Procedure Procedure for registration of new company With two forighn national in kerala ChatG To register a new company with two foreign nationals in Kerala, India, you would generally need to follow these steps: Obtain Director Identification Number (DIN): All directors of the company must obtain a DIN from the Ministry of Corporate Affairs (MCA) in India. This can be done by submitting an online application along with the required documents. Obtain Digital Signature Certificate (DSC): All proposed directors must obtain a DSC, which is used to electronically sign the documents during the registration process. DSC can be obtained from certifying authorities. Name reservation: Choose a unique name for your company and submit an application for name reservation to the MCA. The name should comply with the naming guidelines and should not conflict with existing company names. You can do this online through the MCA portal. Prepare incorporation documents: Prepare the...

Apex Court Stays NCDRC's Order Imposing ₹ 20 Lakhs Damages On Bank For Losing Title Deed To Fire,

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Apex Court Stays NCDRC's Order Imposing ₹ 20 Lakhs Damages On Bank For Losing Title Deed To Fire, The Supreme Court on Monday expressed their shock at an order passed by the National Consumer Dispute Redressal Commission which had directed the IDBI Bank to pay an amount of Rs. 20 Lakhs to the complainants towards financial damages along with other expenses towards harassment and litigation expenses.  While hearing the Bank's appeal, the Bench of  Justice Dinesh Maheshwari  and  Justice Sanjay Kumar  told the Complainant appearing on Caveat,  "Asking for anything you want?".  Justice Maheshwari orally observed,  "I have got serious questions about how this kind of order would be passed. 20 Lakhs Rupees for what? Because the title deed is not available? It is said they are destroyed in the fire, but for that 20 lakhs? What are we doing?"  and stayed the order passed by the NCDRC. Senior Advocate Dhruv Mehta  appeared for the appellant Bank...