Proposed authorized share capital of the Corporation. The newly start out-up 1 Particular person company is micro, smaller, or medium, therefore they are covered below this act As per the Act, if purchaser or receiver receives any late payment (receives payment soon after specified period) , then he is entitled to receive interest which is three instances the bank price.Prior to the OPC idea was introduced in India, people today would invariably pick out Proprietorship as their form of enterprise. Exactly where the financial stake involved is high, it is identified that banks and monetary i

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