Partnership firm registration in India is done as per the Indian Partnership Act, 1932. Partnership firms are incorporated by the registrar of the company of the respective state. You need to prepare a partnership deed between the partners to determine the responsibilities of each partner. This article covers all the characteristics of   Partnership firm Registration in India What are the d etails compulsory for a Partnership Deed? Though there is no precise format for drafting a partnership deed, a common deed comprises the following details: ·          Name of all the partners; ·          Address Proof of all the partners; ·          Date of origination of business; ·          Duration of firm’s existence; ·          Capital to be contributed by each partner; ·          Profit and loss sharing ratio; ·          Earnings of the partners; ·          Duties and responsibilities of the partners; ·          The process to be followed in case of retirement, deat

FSSAI registration in India should be obtained by every food business operator. It is mandatory compliance, which ensures the safety of food products. FSSAI is a certificate issued by the Food Safety and Standards Authority of India to ensure food safety. The Food Safety and Standards Act, 2006, is the administrative body for regulation of safety. The producer, traders, restaurant owners, or any other food-related entity need to obtain a 14-digit license number, which has to be printed on their food products. What is the need to obtain a Food License in India? The point of obtaining a food license is to make sure that the food products packed, sold, or traded by Food Business Operators stick to the quality standards prescribed by the FSSAI. The ultimate goal of the Food Safety and Standards Authority of India, therefore, is to reduce the chances of substandard products, food contamination and improve the accountability of manufacturers by issuing them a food licen

An audit is not always about accounting or financial records. Secretarial Audit is a proper process to check compliances and verification of documents, efficiency, and data of a company by individual specialists to ensure that the company has complied with the legal as well as procedural necessities and also followed due process of law. Secretarial Audit is a process to monitor compliance with the requirements of stated laws and procedures. What is Secretarial Audit in India? A Secretarial Audit is a mechanism to keep a check on the various compliance of an organization to the laws, rules, regulations, notifications, etc., required at the time of the Audit.  Secretarial Audit   is to check if the company has been fulfilling the provisions of the Companies Act 2013 and all of its rule within. The rules and regulations about the companies are very multifaceted and ever-increasing. The accountabilities of the directors, promoters, and other decision-making positions a