NON DISCLOSURE AGREEMENT (NDA)
WHAT IS A NDA?
A Non-Disclosure Agreement, is an agreement wherein the parties comply with sharing the confidential information/data which is mentioned under the ‘Confidentiality Clause’ of the Non-Disclosure Agreement. The parties to the Non-Disclosure Agreement also agree
to not disclose such information to the third party.
ALL SERVICES
NON DISCLOSURE AGREEMENT (NDA)
WHAT IS A NDA?
A Non-Disclosure Agreement, is an agreement wherein the parties comply with sharing the confidential information/data which is mentioned under the ‘Confidentiality Clause’ of the Non-Disclosure Agreement. The parties to the Non-Disclosure Agreement also agree
to not disclose such information to the third party.
NON DISCLOSURE AGREEMENT (NDA)
WHAT IS A NDA?
A Non-Disclosure Agreement, is an agreement wherein the parties comply with sharing the confidential information/data which is mentioned under the ‘Confidentiality Clause’ of the Non-Disclosure Agreement. The parties to the Non-Disclosure Agreement also agree
to not disclose such information to the third party.
NON DISCLOSURE AGREEMENT (NDA)
COPYRIGHT
COPYRIGHT
COPYRIGHT
WHAT IS A NDA?
A Non-Disclosure Agreement, is an agreement wherein the parties comply with sharing the confidential information/data which is mentioned under the ‘Confidentiality Clause’ of the Non-Disclosure Agreement. The parties to the Non-Disclosure Agreement also agree
to not disclose such information to the third party.
ONE PERSON COMPANY
WHAT IS ONE PERSON COMPANY?
A one person company is a company which contains exactly one member. It is a separate legal entity from its promoter and the
promoter has limited liability.
Entrepreneurs who are capable of starting a venture on their own
can make use of one person company (OPC) in India. In one person company, there is only one shareholder who is an Indian citizen and Indian resident i.e. stayed in India for at least 182 days in the
preceding year.
ELIGIBILITY FOR ONE PERSON COMPANY REGISTRATION
01
A person is eligible for exactly 1 one person company
02
A minor can not be a
member or nominee
03
An OPC company cannot carry out Non-Banking Financial Investment activities including investment in securities of
any body corporate.
04
If paid up capital of an OPC reaches over Rs 50 lakh or average turnover of consecutive 3 years reaches over 2 crores it must be converted into private or public limited company
within six months.
Documents required for OPC registration:
-
Identity proof of director and nominee (PAN card)
-
Address proof of director and nominee (Aadhar card, Driving Licence, Electricity bill, Passport)
-
Address proof of office (Rent agreement or sale deed, electricity bill, property tax receipt)
-
NOC from landlord
-
DSC and DIN of director
-
Passport photo of director
BENEFITS OF ONE PERSON COMPANY
Limited liabilities
OPC gives limited liability to business owner
i.e. liability is limited to the amount you
have invested.
Easy transfer of ownership
In a one person company, the ownership
can be transferred by altering the shareholding, directorship and nominee director information.
Better than Sole
Proprietorship
A sole proprietorship ceases to exist on the
death of its promoter. In the case of an OPC,
the nominee director takes over and the
entity continues to exist.
Ability to own property
A company can own property like buildings, godowns and can be considered a legal entity.