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Explore Startup Movers Blog for key insights and tips on entrepreneurship, financial management, and business growth strategies for startups and SMEs.

Can a Director Be an Employee of the Same Company?

Imagine a company has a director named Rahul. He helps make important decisions for the company, but the company also needs someone to manage its daily work. Since Rahul understands the business well,...

Form MGT-14: Filing Process, Fees and Due Date

Imagine a company decides to change its Articles of Association or approve an important business decision. The decision is made, but the company may also need to inform the government about it. This i...

Annual General Meeting (AGM): Meaning, Objective & Due Date

Imagine you own a small business with a few other people. At the end of the year, everyone wants to know how much money the business earned, what it spent and what decisions need to be made next. A...

Can an LLP have a CEO in India?

Imagine two friends who start a business together. They register it as a Limited Liability Partnership (LLP). In the beginning, both friends manage everything themselves. They talk to customers, handl...

What Is a Wholly Owned Subsidiary?

Imagine your company is growing fast, and you are ready to take it to the next level. You want to enter new markets, reach more customers, and explore new business opportunities without sharing owners...

What Is a Dormant Company in India?

A company may not always be ready to start its business. It may be waiting for the right opportunity, planning a future project, or holding an asset for future use. During this time, maintaining all r...

Salaried Person confused if can be a director in another company or not

Can a Salaried Person Be a Director in Another Company?

Imagine Rahul works in an IT company and earns a monthly salary. One day, his friend asks him to become a director in a private limited company. Rahul wonders, "Can I become a director while keeping m...

minor being shareholder or director in an indian company

Can a Minor Be a Shareholder or Director in Indian Company?

Imagine a 16 year old who wants to become part of their parents’ business. The family is starting a Private Limited Company and wants to know if the child can own shares or become a director. The a...

MGT-7 and MGT-7A: Meaning, Differences & Due Dates

Every year, a company needs to share important information about its business, directors and shareholders with the government. This information helps the government keep company records up to date....

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