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In each state, the Shop and Establishment Act (“Act”) is different. However, the general provisions of the Act are the same for every state. Shop and Establishment Acts are regulated by the respective states’ Labour Departments. The Act regulates all shops and commercial establishments operating within the state. Registrations are issued by the respective states … Read More “What is Shop and Establishment Act” »
Individual partners in a partnership are called ” Partners “; a partnership firm, collectively, is called a ” Partnership Firm “; and the name under which their business is conducted is called ” Firm Name ” ” An individual that makes up a partnership firm does not form a separate legal entity. It is merely … Read More “” »
There should be at least three directors in a public corporation, while there should be at least two directors on a private company. It is possible for a private company to remove a director if they are incompetent, absent from board adherence for a period of more than 12 months, or engage in agreements or … Read More “Removal a Director Through a Process” »
