LetsComply

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Momota Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tejaswinee Roychowdhury

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Geetanjali Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Taneja

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divya Kathuria

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Nikita Panesar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

J. Priyadarshini

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Siddharth Gosain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Guncha Sharma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyan Acharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Onkar Johar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sangram Jai Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Annuk Ramesh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Himanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Jahnavi K. Laungani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vanya Chhabra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aman Vashisth

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pragati Dwivedi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

M. Tanvi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anusua Bose

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pallavi Tiwari

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Payal Kalhan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Kanchan Yadav

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Afzal Badr Khan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyasi Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Haramrit Kaur Rao

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sucharita Ghosh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sanam Hayat

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Suparno Saha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anindita Bhattacharjee

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Mishra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Neha Sawal

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Unnati Vijay

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Abhinav Gaur

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Mahvish Fatma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

C. Ramya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Chandan Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aakriti Saxena

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Swatilekha Chakraborty

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Akash Vijay Wargiya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

HemRaj Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sarthak Malhotra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Arohi badsha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tarun Paul Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Priyasha Gour

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divyaish Srivastava

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vivek Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Gunjan Bhagchandani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sudhanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

While starting a business the entrepreneurs have to face the dilemma of deciding the form of business they want to establish when there are more than 2 members. While forming a partnership firm the business would be devoid of the separate legal entity and other characteristics which are present in a company. And if the entrepreneurs decide to incorporate a company then they would have to do away with the characteristics present in a partnership. This tussle resulted into a new form of business organization known as Limited Liability Partnership” (LLP). LLPs are governed under the Limited liability Partnership Act, 2008. It can be said that LLP is a hybrid of Partnership and Private Limited Company as it encompasses features of both.

There are certain compliance and procedural matters which are required to be taken care of for the smooth completion of formation of an LLP.

  • Two or more persons associating to carry on a lawful business with a view to earn profit must subscribe their names to the incorporation document. This incorporation document is to be filed in such a manner and with such fees as may be prescribed by the registrar of the state in which the registered office is located of the LLP. Further, a statement is to be filed by an advocate, company secretary or chartered accountant or a cost accountant who is engaged in the formation of the LLP with respect to all the statutory requirements being complied with. In case of a foreign direct investment (FDI) in LLP, permission is to be taken from the RBI.
  • To start the LLP formation procedure, a copy of PAN card of the partners and their address proof are required. The documents pertaining to the registered office of the LLP can be submitted after obtaining the name approval from the registrar of companies. It is to be noted that the name of every LLP shall have Limited liability partnership or LLP at the end of it and it should not be undesirable or identical to the name of a Partnership firm, LLP, body corporate or similar to a Registered Trademark .
  • Every designated Partner is required to obtain a DIN from the Central Government. If a person already has a DIN, the same can be used for forming LLP. It acts as a unique identification for the designated Partner.
  • All the designated Partners of the proposed LLP need to have a Digital Signature Certificate (DSC) for the purpose of signing all the forms like eForm 1, eForm 2, and eForm 3, etc., which are required for the purpose of incorporating the LLP and filed electronically through the internet. The DSC will be useful in filing various forms which are required to be filed during the course of subsistence of the LLP with the Registrar of LLP. There are certain benefits of registering LLP apart from the basic benefits like easy to form, perpetual succession, separate legal entity and limited

Some other benefits are as follows:

  • Flexible to Manage

The Partners of an LLP have utmost freedom in managing the affairs of their LLP. In form of LLP Agreement the Partners can decide the way they want to run and manage the LLP. The Act does not regulate the LLP to a large extent, but allows partners the liberty to manage their LLP as per their will and fancies.

  • Easy Transferable Ownership

One can easily become a Partner or leave the LLP or otherwise it is easier to transfer the ownership in accordance with the terms of the LLP Agreement.

  • Taxation 

Usually, LLPs are taxed at a lower rate as compared to a Private Limited Company. Furthermore, LLP is also not subject to Dividend Distribution Tax, so there will not be any tax while you distribute profit to your partners.

  • Attract finance

An LLP can easily attract finance from PE Investors, financial institutions, etc.  Unlike a sole proprietorship or partnership, seeking funds by an LLP is not difficult at all.

  • No obligatory Audit Requirement

An LLP having its annual turnover and contribution exceeds Rs. 40 Lakh and Rs. 25 Lakh, respectively,  is required to get its account audited annually by a chartered accountant. It comes off as a great reinforcement to small businessmen.

  • Limits Personal Liability

The personal liability of an individual partner is limited under the LLP. It means that a partner cannot be held liable for the errors, omissions, incompetence, or negligence of another Partner and employees or other agents of the LLP.

  • Compliance

An LLP has a less burden of compliance as compared to a private limited company.

LetsComply

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Momota Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tejaswinee Roychowdhury

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Geetanjali Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Taneja

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divya Kathuria

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Nikita Panesar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

J. Priyadarshini

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Siddharth Gosain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Guncha Sharma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyan Acharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Onkar Johar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sangram Jai Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Annuk Ramesh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Himanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Jahnavi K. Laungani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vanya Chhabra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aman Vashisth

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pragati Dwivedi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

M. Tanvi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anusua Bose

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pallavi Tiwari

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Payal Kalhan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Kanchan Yadav

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Afzal Badr Khan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyasi Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Haramrit Kaur Rao

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sucharita Ghosh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sanam Hayat

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Suparno Saha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anindita Bhattacharjee

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Mishra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Neha Sawal

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Unnati Vijay

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Abhinav Gaur

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Mahvish Fatma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

C. Ramya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Chandan Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aakriti Saxena

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Swatilekha Chakraborty

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Akash Vijay Wargiya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

HemRaj Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sarthak Malhotra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Arohi badsha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tarun Paul Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Priyasha Gour

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divyaish Srivastava

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vivek Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Gunjan Bhagchandani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sudhanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

There are  plenty of questions roaming around the mind of people with regards  to introduction of Goods and Services Tax or GST, such as why is the government implementing a tax reform which will ultimately result in a reduction of  its revenue? or Why is there need felt for introducing GST when we already had equally efficient VAT?

GST, the biggest reform in India’s indirect tax structure since 1991, will facilitate the foreign direct investment (FDI) in India, making it an attractive place for foreign investors. It will become the principal instrument for curtailing black money in India. The Indian taxation system was often termed as cascading and tedious which hampered the economic growth. But with the introduction of the new tax regime, GST will mitigate the cascading effect of taxation.

The introduction of GST will lead to a uniform tax structure and weed out the multifarious indirect taxes like octroi, excise, entertainment tax, and VAT, etc. It is applicable to all goods and services, but tobacco and alcohol for human consumption has been excluded under the Act. Petroleum Products like naphtha, kerosene and LPG will be under the ambit of GST. However, other five items, viz. diesel, natural gas, crude oil, petrol and aviation fuel have been excluded during the initial years. Not only will introduction of GST pave the way for a uniform indirect tax regime, but it will also augment the direct tax collection and would result in widening of the tax base which in turn will boost the economy. Moreover, the Act brings the whole indirect taxation scenario under one umbrella with Centre and State sharing the revenue together.

The GST regime will leave paper trails behind, and usage of PAN and AADHAR card will make it easier for the authorities like Income Tax Department to trace the defaulters, and in turn would result in the elimination of the generation of black money. For example, the supplier of goods, because of the paper trail left by the GST, knows that his evasion will be more likely to be detected once his client is audited. The GDP is also bound to increase because of the GST. Stipulations are being made that there would be an increase of about 1 to 1.5% annually in our GDP.

GST directly targets sectors like real estate, precious metals sector such as gold (often known as the safe house for the illicit money). GST would further aid proper implementation of the new Real Estate Act. Real estate sector soaks up as well as generates a gigantic amount of black money. The Revenue Department has taken due notice of it. Besides, Central Board for Direct Taxes (CBDT) and Central Board of Excise and Customs (CBEC) have already started sharing the information with each other for keeping an eye on the flow of illicit money. It will further decrease the tax incidence or tax burden and reduce corruption by eliminating the tedious paperwork. The dual monitoring structure linking the Centre and the State will also rein in income tax evasions, and would ensure that even if one authority fails to take the notice of tax evasion, then the other authority would definitely able to track the evasion.

The businessman can no longer hide their transactions because of the paper trail as GST mandates the maintaining of books of sales for which proper bills need to be generated. This would result in no sale of goods and services without the generation of bills.

Although there will be the problem of hike in inflation rates in areas like gadgets markets, services such as restaurants etc., the administration costs will also be hiked, but it’s all for greater good of the nation.

Even though GST was proposed 15 years back and only now it has seen the daylights but it’s still a long journey ahead. The Centre and the States are ready to implement it by the end of April 2017 though at first, it looks tricky but it’s not unfeasible. The government has taken a landmark step towards countries economic growth by finally bringing in the GST Act in India.

LetsComply

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Momota Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tejaswinee Roychowdhury

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Geetanjali Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Taneja

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divya Kathuria

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Nikita Panesar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

J. Priyadarshini

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Siddharth Gosain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Guncha Sharma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyan Acharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Onkar Johar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sangram Jai Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Annuk Ramesh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Himanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Jahnavi K. Laungani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vanya Chhabra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aman Vashisth

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pragati Dwivedi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

M. Tanvi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anusua Bose

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pallavi Tiwari

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Payal Kalhan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Kanchan Yadav

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Afzal Badr Khan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyasi Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Haramrit Kaur Rao

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sucharita Ghosh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sanam Hayat

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Suparno Saha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anindita Bhattacharjee

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Mishra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Neha Sawal

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Unnati Vijay

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Abhinav Gaur

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Mahvish Fatma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

C. Ramya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Chandan Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aakriti Saxena

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Swatilekha Chakraborty

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Akash Vijay Wargiya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

HemRaj Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sarthak Malhotra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Arohi badsha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tarun Paul Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Priyasha Gour

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divyaish Srivastava

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vivek Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Gunjan Bhagchandani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sudhanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

“There are lessons to be learned from the success stories but life lessons from failed attempts.”

“Start up” is the buzzword in the entrepreneurial world.  Every college graduate or drop out wants to be an entrepreneur and is moving around with a master idea to revolutionize the business world. Some are indeed radical and some not so radical. But at times even the radical ideas fail to make a mark. Why even the most promising ideas fail in the entrepreneurial journey?

For the startup’s success, thinking that the startup’s product or service is unique and has no competitors is the biggest mistake. Once an idea gets market validation, new entrants show up. An eye should be on the competition though obsessing over it would be of no use, but having the sufficient knowledge of competition would be fruitful in long-term.

Team work is the key to success but what if the team on which the founder is dependent does not listen to the founder itself? Egotism is the element to be circumvented by all means. What is needed is not the best person to do the job, but the person who is competent to do it. So, do not rush and end up in promiscuous hire.

Gone are the days when startups face difficulty in getting investments. Venture capital is easily available, investors are interested and ready to invest copious amounts in the startups but in turn they want returns for the money invested. To attract investors, one needs to pitch a robust structure of one’s business plan, aiming at high inflow of cash, expansion of business and regulatory compliance, etc. But contrary to this, a poor business plan would lead to rejection of one’s pitch by the investors.

Investors  look for a lean startup business model. But the hindrance is the constant struggle of entrepreneur’s not-knowing when to tighten the strings of the purse or when to let it loose. This results in exhaustion of funds before the time comes to make the good use of the resources.

Pivoting away from a bad product or bad decision is difficult for a startup. Certainly tunnel vision helped in getting so far but with the change in scenario, change in outlook is requisite. Not everyone ends up lucky and nails a pivot like Instagram, Groupon or Pinterest.

Pivot should be tactically planned and should not be done just for the sake of pivoting. With pivot comes change in business model leading to further change in not just the product but also customer segment, channel, revenue model, resources, activities, costs, partners, customer acquisition and lots of other things.

The startups certainly draw the attention of the masses towards their product but fail to retain the attention so drawn. Done by none is the prime example. It had 350601 fans on its facebook page but due to failure in handling the demand and delivery, the startup got stuck in a rut and lost its sheen in the market. Consistency is the key.  Acquiring Customers is not enough but keeping them for life term is what matters. It is indeed the reality that “customer is king.’’

While already established company can thrive on their brand reputation and the past profits even if there is some fault in their products, but the same is not the case with startups as they need to pay their undivided attention on the customer satisfaction to create a niche marketing platform for themselves. So, not just seeking customer feedback, but also analyzing and working in the grey areas of the business would make a difference in the market.

The focus on the product should not result in a complete  deviation from fulfilling the needs of the market. Often, aiming at the wrong segment of the market which lacks interest as well as affordability of the product, leads to doom of the startups.

Sometimes the timing of the product is off. The product is not good enough if it is launched way ahead of its time or if the launch is too late even then it’s of no use to the consumers.

Furthermore, there is constant tussle between the “wants” and the “needs”. The product must qualify the “want – need test” to make a startup move forward against all odds.

LetsComply

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Momota Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tejaswinee Roychowdhury

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Geetanjali Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Taneja

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divya Kathuria

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Nikita Panesar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

J. Priyadarshini

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Siddharth Gosain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Guncha Sharma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyan Acharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Onkar Johar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sangram Jai Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Annuk Ramesh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Himanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Jahnavi K. Laungani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vanya Chhabra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aman Vashisth

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pragati Dwivedi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

M. Tanvi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anusua Bose

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pallavi Tiwari

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Payal Kalhan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Kanchan Yadav

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Afzal Badr Khan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyasi Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Haramrit Kaur Rao

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sucharita Ghosh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sanam Hayat

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Suparno Saha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anindita Bhattacharjee

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Mishra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Neha Sawal

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Unnati Vijay

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Abhinav Gaur

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Mahvish Fatma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

C. Ramya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Chandan Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aakriti Saxena

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Swatilekha Chakraborty

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Akash Vijay Wargiya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

HemRaj Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sarthak Malhotra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Arohi badsha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tarun Paul Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Priyasha Gour

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divyaish Srivastava

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vivek Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Gunjan Bhagchandani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sudhanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

When a company’s performance impacts on all spheres of society, it becomes pertinent that the company’s affairs be regulated in accordance with law, so that not only shareholders get affected by it, but also the society at large. “Audit” is one such weapon which keeps a check on company’s affairs and does not let it go astray.

Audit is a systematic examination and evaluation of the firm’s financial statements to ensure that records are a fair and accurate representation of the transactions they claim to represent.  Different types of audits have been prescribed under our legal system and statutory audit is one of them.

The audit of the accounts of any organisation, like for example; companies, public trusts, banks, insurance companies, co-operate societies, etc., which is mandatory under certain legal provisions of Indian statutes, is known as statutory audit.

These statutes contain the provisions relating to the appointment, rights, duties, responsibilities, scope of work and dismissal of the auditor. These can be further enhanced on the basis of the auditing contract, but they cannot be reduced under any circumstances. Such an audit is also referred to as compulsory audit.

Under the Companies Act, 2013, the term audit is equated with statutory audit. Statutory audit is usually performed by a Chartered Accountant which is appointed by the company in its annual general meeting.

The primary objective of ‘Statutory Audit’ is “to ensure that the financial statements i.e. the Balance Sheet, Income & Expenditure Account and Receipt & Payment Account, give a true and fair view, and are free from any material misstatements”

Statutory Audit of the financial statements should provide reasonable assurance that-

  • the accounts are free of any material misstatements, errors and discrepancies.
  • accounting standards are being duly complied with,
  • other statutes are complied,
  • Companies Act is complied,
  • the accounts have been prepared in accordance with the Generally Accepted Accounting Principles (GAAP), and
  • International Financial Reporting Standards (IFRS) compliances.

Statutory Audit is usually performed once every year by the Chartered Accountant so appointed. It is mandatory for some types of companies, such as Private Limited Company, One Person Company and Limited Liability Partnership (If turnover > 40 lakh or contribution > 25 lakh), to get their ‘Statutory Audit’ done. It is done only after the final accounts have been prepared.

The Statutory auditor is an independent professional on whom the company has no control. It is needed that the statutory auditor be independent so as to give a fair and true view of the company’s account.

The statutory auditor can resign before completion of his term or can be removed by the shareholders through a resolution at an annual general meeting. However, on due completion of the statutory audit, the auditor issues a report to the shareholders. This report contains his findings.

It is to be noted that the statutory auditor depends upon the internal auditor as they both perform similar task. It is up to the statutory auditor to what extent he relies upon the work of an internal auditor as the latter is not an independent professional like the former. Thus, the statutory auditor needs to keep it in mind before taking any stride that the internal auditor’s work may be biased and contain certain discrepancies  as he works as per the directions of the management.

It is generally advisable not to rely completely on the work of an internal auditor as statutory auditor is a company watchdog. Also the statutory auditor has legal liability which is punishable by law, so he must act cautiously.

Companies often see the statutory audit in a bad light but there is a need to comprehend that it is a measure for collective welfare. They should integrate the statutory audit regime in their companies to become more efficient and successful.

LetsComply

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Momota Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tejaswinee Roychowdhury

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Geetanjali Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Taneja

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divya Kathuria

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Nikita Panesar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

J. Priyadarshini

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Siddharth Gosain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Guncha Sharma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyan Acharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Onkar Johar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sangram Jai Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Annuk Ramesh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Himanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Jahnavi K. Laungani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vanya Chhabra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aman Vashisth

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pragati Dwivedi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

M. Tanvi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anusua Bose

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pallavi Tiwari

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Payal Kalhan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Kanchan Yadav

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Afzal Badr Khan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyasi Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Haramrit Kaur Rao

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sucharita Ghosh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sanam Hayat

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Suparno Saha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anindita Bhattacharjee

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Mishra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Neha Sawal

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Unnati Vijay

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Abhinav Gaur

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Mahvish Fatma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

C. Ramya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Chandan Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aakriti Saxena

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Swatilekha Chakraborty

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Akash Vijay Wargiya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

HemRaj Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sarthak Malhotra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Arohi badsha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tarun Paul Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Priyasha Gour

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divyaish Srivastava

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vivek Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Gunjan Bhagchandani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sudhanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Compliance is the backbone of any company. In addition to the fact that it is mandatory, it is also vital for an organization to adhere to all the fundamental compliance work in order to ensure that the organization is properly working in agreement to the tenets and directions set around the pertinent statutes.

There are different types of companies which have been provided under the Companies Act, 2013 and “private limited company” is one of them. It is the most preferable form of company amongst entrepreneurs. Not just incorporation of a private limited company requires the compliance with various laws, but also after its incorporation the compliance work is of utmost importance.

Under the Companies Act, 2013, there are provisions which a private limited company needs to comply with; some are mandatory compliances and others are event based compliances. Mandatory compliances are to be followed by the companies irrespective of any factor such as their capital and the nature of business they conduct. Generally, event based compliances are to be made on the incidence of a particular event in the company like change in directorship, alteration in capital clause, and alteration in object clause, etc.

compliance-chart-for-a-private-limited-company_letscomply

Statutory auditors are to be appointed and such appointment of auditors will be for 5 years by filing the form ADT-1. Also, the first auditor is to be appointed within 30 days of such incorporation. In case of newly incorporated company, Auditor may be appointed either by Board of Directors within 30 days of Incorporation of Company or it may be appointed by members in Extraordinary General Meeting (EGM) within 90 days of incorporation and then ratification or re-appointment is required in every consequent Annual General Meeting (AGM) of the company.

Share Certificates to the subscribers of memorandum are to be issued within 60 days of incorporation of company.

According to the Act, a Company Secretary in Practice shall  certify every private limited company having paid up share capital of 10 Crore or more or turnover of Rs. 50 crore or more.

Disclosures of  interest in any other business entity is to be given by the Directors in first Board Meeting in which they participate as a Director and subsequently in First Board Meeting of every financial year in FORM MBP-1 to the Company.

A minimum number of four meetings of  Board of Directors shall be held by every such company in every year, keeping in mind that maximum gap between two meetings should not be more than 120 (One hundred twenty) days. Company should hold at least 1 (one) Board Meeting every quarter of calendar year.

Annual General Meeting are needed for the smooth functioning of the company’s business and there is a need that a prior notice be sent to all who are supposed to be present in such meeting. Notice of Annual General Meeting will be sent to following:

  • All Directors,
  • Members,
  • Statutory Auditor
  • Secretarial Auditor (if any).

Maintenance of registers of the company is another prerequisite. Company  is required to maintain the following Statutory Registers:

  • MGT-1: Register of Members
  • MGT-2: Register of Debenture Holders
  • MGT-3: Foreign register of members, Debenture Holders other security holders or beneficiary residing outside India
  • FORM SH-2: Register of renewed and duplicate share certificate
  • FORM SH-3: Register of Sweat Equity Shares
  • FORM SH-6: Register of Employee Stock Options.
  • FORM SH-10: Register of Shares or Securities bought back
  • FORM CH-7: Register of Charges

The company also requires to circulate its Financial Statement & other relevant documents such as Cash Flow Statement, Directors’ Report and Auditors’ Report at least 21 days before the Annual General Meeting to all its members.

The Annual Return of every private company is to be filed within 60 days with registrar of companies and should be signed by Company Secretary in Practice., if there is no whole time Company Secretary.

A report by Board of Directors shall be attached to statements laid before a company in general meeting, which contains the details with regards to the state of the company and its compliance with a set of financial, accounting and corporate social responsibility standards.

LetsComply

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Momota Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tejaswinee Roychowdhury

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Geetanjali Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Taneja

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divya Kathuria

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Nikita Panesar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

J. Priyadarshini

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Siddharth Gosain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Guncha Sharma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyan Acharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Onkar Johar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sangram Jai Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Annuk Ramesh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Himanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Jahnavi K. Laungani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vanya Chhabra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aman Vashisth

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pragati Dwivedi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

M. Tanvi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anusua Bose

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pallavi Tiwari

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Payal Kalhan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Kanchan Yadav

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Afzal Badr Khan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyasi Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Haramrit Kaur Rao

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sucharita Ghosh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sanam Hayat

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Suparno Saha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anindita Bhattacharjee

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Mishra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Neha Sawal

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Unnati Vijay

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Abhinav Gaur

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Mahvish Fatma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

C. Ramya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Chandan Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aakriti Saxena

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Swatilekha Chakraborty

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Akash Vijay Wargiya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

HemRaj Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sarthak Malhotra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Arohi badsha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tarun Paul Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Priyasha Gour

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divyaish Srivastava

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vivek Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Gunjan Bhagchandani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sudhanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Till now western countries boasted of having the major financial hubs like New York and London, but with the outset of the global recession and eastern part of the world, no longer being dependent on the west for the resources, the inclination of the business world has shifted towards the east.

In east, Singapore has developed as a major financial hub because it provides for the ease of doing business, cosmopolitanism, strict legal framework and world-class infrastructure, although Singapore does not have resources of its own, but still it managed to become the biggest financial centre not only in the eastern part of the world, but also worldwide. Although earlier, Hong Kong used to be one of the best business hubs for many decades, but later, Singapore outshined it.

In an attempt to restore its sheen, Hong Kong wooed India Inc. to make investment and set up their business ventures in its country, and thereby promoting ease of doing business in Hong Kong. One of the major incentives for the Indian MNCs and other Foreign MNCs is that the Hong Kong is a chief connector to Mainland China and Asia at large and by setting up ventures in Hong Kong, they can also expand their foothold in the Mainland China and other countries in Asia as well.

Hong Kong is one of the most tax-friendly economies in the world, the reason being that imposition of three direct taxes and generous allowances and deductions which reduce the net taxable amount.

  • Profits tax is capped at 16.5 percent
  • Salaries tax is a maximum of 15 percent
  • The property tax is 15 percent

Moreover, Hong Kong does not impose taxes such as sales tax or VAT, withholding tax, capital gains tax, tax on dividends, and estate tax. Indian companies are required to pay only 5 percent withholding tax for their businesses in China if they are routed through Hong Kong or else there’s 10 percent tax.

There is no import tax except on tobacco, cars and petrol because of Hong Kong’s free port status and easy customs procedures.

The Hong Kong government set up the Invest Hong Kong department to facilitate the foreign direct investment. The easy world-wide connectivity and the world-class infrastructure and telecommunications system further makes doing business a piece of cake.

There were 12 Indian companies with regional headquarters, 15 with regional offices and 37 local offices in Hong Kong. Currently, there are 1,500 Indian companies operating in Hong Kong in various sectors. With Seven new Indian companies been registered in Hong Kong last year through the assistance of invest Hong Kong, this year the count is expected to rise.

The focal zones for Indian investors are tourism and hospitality and its sub-sector – food and beverage. Indian companies which are food suppliers and traders can look at the possibility of setting up sales offices here, not only to cater to local needs of Hong Kong consumers, but also make use of Hong Kong as a hub to sell products in mainland China. This will further lead to the problem of food availability which is most often faced by the Indian people in Hong Kong.

Indian companies have strong position in doing jewellery, diamond, and other luxury trading business and they can also make Hong Kong as a hub for the same. Other sectors include logistic companies, shipping as well as companies making industrial products.

According to Economic Times, Hong Kong’s total exports to India expanded 8.1 per cent to USD 13.1 billion in 2015, with export items including telecom equipment, pearls, and precious stones, among others. Hong Kong’s imports from India totalled USD 10.6 billion in 2015 with major import including jewellery, leather, among others.

English being the official language and usual language for business and contracts, the ease of doing business gets further enhanced. Also, the free market policies , free flow of information and independent legal system are conducive for the business ventures.

LetsComply

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Momota Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tejaswinee Roychowdhury

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Geetanjali Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Taneja

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divya Kathuria

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Nikita Panesar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

J. Priyadarshini

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Siddharth Gosain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Guncha Sharma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyan Acharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Onkar Johar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sangram Jai Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Annuk Ramesh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Himanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Jahnavi K. Laungani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vanya Chhabra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aman Vashisth

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pragati Dwivedi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

M. Tanvi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anusua Bose

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pallavi Tiwari

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Payal Kalhan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Kanchan Yadav

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Afzal Badr Khan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyasi Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Haramrit Kaur Rao

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sucharita Ghosh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sanam Hayat

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Suparno Saha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anindita Bhattacharjee

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Mishra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Neha Sawal

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Unnati Vijay

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Abhinav Gaur

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Mahvish Fatma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

C. Ramya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Chandan Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aakriti Saxena

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Swatilekha Chakraborty

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Akash Vijay Wargiya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

HemRaj Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sarthak Malhotra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Arohi badsha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tarun Paul Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Priyasha Gour

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divyaish Srivastava

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vivek Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Gunjan Bhagchandani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sudhanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

For decades, the calling which took the back seat has finally arisen. Now, the world has acknowledged the significance of the compliance officers more effectively in the lending industry. With the ever-tightening  rules and regulations, the need for the compliance professionals is much felt  due to the fact that the cost of non-compliance is huge as compared to the cost of compliance. It has made the lending companies to push up demand for the compliance professionals.

Economic fluctuations in the lending sector globally have posed the risk for the banks as well as non-banking financial companies (NBFCs) by causing the increase in NPA (non-performing assets), leading to stricter compliance of regulatory framework. The mismanagement by banks and financial institutions has resulted in a worldwide recession and to avert such circumstances in future, adherence to the regulations is a sine qua non. In order to avoid landing  in any legal trouble, the finance companies are going the extra mile for staying well-compliant.

Gone are the times when the managers would take a decision which would  later  reviewed by the compliance officers, whether it’s in tune with the rules and regulations or not. The present scenario  envisages the involvement of the compliance offers in the decision-making process for ensuring the effective compliance regime. The compliance operations are no longer being outsourced, but have become an integral part of the companies.

Earlier, there used to be a single regulator, but now there is a team specialized in dealing with the implementation of the regulation as the stringency of regulatory work and the plurality of laws has made it difficult for the lending sector to be fully complied.

With kicking in of the new Basel III norms from March 2019, there is an upsurge in demand for the compliance professionals. Not only the Basel III norms, but other stringent cross-border laws like FCPA (FOREIGN CORRUPT PRACTICES ACT), SOX (Sarbanes- Oxley Act), FATCA (Foreign Account Tax Compliance Act) and Dodd-Frank laws have generated the  demand for the individuals who could comprehend these laws as many foreign companies, especially US companys’ subsidiaries, are currently running their businesses in India.

Also with the dawn of virtual currency like Bitcoin and e-wallet start-ups like Mobikwik, and Paytm, etc., a new dimension has been added to the finance sector which was already complicated, and even these mobile wallets, payment banks and other start-ups have further raised the demand for the compliance officers. These start-ups are hiring these compliance professionals from the inception to avoid any chances of corporate-fraud and ensure the sound working of the organization as the virtual currency is no longer unregulated and these start-ups tread in uncharted waters.

Even the investment managers, hedge funds and asset management firms are not far behind in taking on compliance specialists and hiring external consultants, as they struggle to navigate an arduous regulatory environment. The key focal point of every institute is risk, control and compliance.

The moot question is who are compliance professionals?

As compliance work requires an understanding of various laws, there is a need for a person who is well-conversant with the realm of law to undertake this job, and therefore the lawyers top the list. However, there are plenty of other institutes in India such as the “Institute of Company Secretaries of India”,  Institute of Chartered Accountants of India and the like which are producing the compliance professionals. The professionals with accountancy, law and regulatory backgrounds are well suited for this job. There are many international industrial bodies, such as International Compliance Association and The Chartered Institute for Securities and Investment which are also providing the additional qualifications to the professionals.

But the dilemma lies in the fact that is there is an overwhelming demand and inadequate supply of compliance professionals because there is a need of experienced professionals who in turn solicit huge salaries from the financial institutions. However, the concept of virtual intelligence services such as virtual CFO or vCFO and virtual General Counsel or vGC has emerged in India, which would be a better alternative to compliance professionals. The main reasons for booming of vCFO and vGC are their easy accessibility, resource mobilization and providing affordable compliance services.

Due to the dearth in the supply of the experienced compliance professionals, the companies have started hiring the relatively inexperienced professionals to get the job done or the companies are moving their present employees to the position of compliance professionals. The large lenders are offering to train the new hires by way of internships or training, for instance, Goldman Sachs is providing 10 week summer placement in its global compliance division.

There is also a talent war amongst the companies. The companies in the lending sector are trying to poach the senior-level compliance officials of other companies by offering them attractive pay-grades.

What makes it further difficult for such compliance professionals is that there is a quantum of risk involved in their work  which is substantial  and coupled with long working hours. Their stress becomes a deal-breaker,  and if anything goes wrong it’s their head which is on the platter.

Furthermore, the compliance officers need not be confined to their own domain as they need to coordinate with various other departments of the company, and thereby facing hostility from the colleagues as they are often termed as the “internal control freaks”.

The job of the compliance officials is changing rapidly as they are no longer dealing with the regular regulatory work. They also cater to assisting fund on structuring and execution of private equity transactions. With new developments every now and then, the learning opportunities are immense for young professionals who are seeking career in compliance.

LetsComply

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Momota Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tejaswinee Roychowdhury

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Geetanjali Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Taneja

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divya Kathuria

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Nikita Panesar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

J. Priyadarshini

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Siddharth Gosain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Guncha Sharma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyan Acharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Onkar Johar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sangram Jai Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Annuk Ramesh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Himanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Jahnavi K. Laungani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vanya Chhabra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aman Vashisth

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pragati Dwivedi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

M. Tanvi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anusua Bose

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pallavi Tiwari

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Payal Kalhan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Kanchan Yadav

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Afzal Badr Khan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyasi Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Haramrit Kaur Rao

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sucharita Ghosh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sanam Hayat

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Suparno Saha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anindita Bhattacharjee

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Mishra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Neha Sawal

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Unnati Vijay

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Abhinav Gaur

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Mahvish Fatma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

C. Ramya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Chandan Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aakriti Saxena

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Swatilekha Chakraborty

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Akash Vijay Wargiya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

HemRaj Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sarthak Malhotra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Arohi badsha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tarun Paul Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Priyasha Gour

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divyaish Srivastava

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vivek Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Gunjan Bhagchandani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sudhanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

With the exorbitant price of residential house and moribund real estate market, buying one’s own home is nothing but a distant dream. With coming into force of the Real Estate (Regulation and Development) Act on 1st May 2016, the real estate market is anticipated to get in good shape. The act will address the lacunas of the real estate market.

The passing of the Real Estate Bill was long due and stuck in a rut.  The bill was first proposed  on January 20, 2009 by the National Conference of Ministers of Housing, Urban Development and Municipal Affairs of States and Union Territories. After a hold up of eight long years, finally, Rajya Sabha passed the bill on March 10th 2016, Lok Sabha on March 15th 2016 and President of India conferred his assent to the bill on March 25th 2016.

So far 69 Sections of the total 92 sections of the Act have been notified by the Ministry of Housing & Urban Poverty Alleviation (HUPA) on April 27, 2016.

Rules are to be devised within a maximum period of six months i.e. by October 31, 2016 by the Central and State Governments under Section 84 of the Act, Rules for Union Territories without legislatures and for Delhi will be made by Ministry of HUPA and the Ministry of Urban Development respectively.

Real Estate Regulatory Authority is to be established within a period of one year from the date of coming into force of this Act. These Authorities shall decide on the matter relating to the complaints of buyers and developers within 60 days time.

The functions of RERA are regulation and promotion of the real estate sector and to ensure sale of plot, apartment or building, or sale of real estate project, in an efficient and transparent manner, and to protect the interest of consumers in the real estate sector.

Within three months time after its constitution, the Regulatory Authorities is required to formulate regulations concerning their day-to-day operation under Section 85 of the Act.

Similarly, Section 43 provides for the formation of the Real Estate Appellate Tribunals by April 30, 2017. All the cases of appeal challenging  the orders of Regulatory Authorities are to be decided by the fast track Tribunals in 60 days time.

If the project land is owned by another person, in such cases a Declaration is to be made by the promoter in respect to the legal title to the project land or authenticate the validity of title. There is a need to obtain insurance for title and buildings alongside construction insurance by promoter.

No charge or encumbrance on any apartment can be created by the promoter after executing an agreement for the same. The right and interest of the concerned consumer will not get affected if such charge or encumbrance is created.

Menacing issue of use of unaccounted money for buying the real estate will be taken care of by this act as at the moment 70 percent of the money has to be deposited in bank accounts through cheques. Though this will lead to increased promoter reliance on private equity or bank finance leading to an escalation in project costs and the real estate buyers will ultimately bear the brunt. But it will also ensure that the project money is not invested in the new projects and would pave the way for  faster completion as well as timely delivery of possession to the buyers.

Builders will have to quote prices based on carpet area and not super built-up area which will prove to be in favor of the consumers, the Act defines carpet area to include usable spaces like kitchen and toilets. Other key terms have also been defined in the act such as ‘building’, ‘promoter’ etc.

To keep the fraudulent practices at bay, mandatory registration of real estate agents and projects is required which can be revoked in case of evident sham practices. All residential or commercial real estate properties that are over a minimum area of 500 sq m or have more than eight flats fall within the ambit of the legislation and these comprise project beyond urban areas.

Builders who do not abide by the ruling of the appellate tribunal may be imprisoned for up to three years and/or fined. At the same time, buyers and real estate agents cannot scot-free if they do not abide by the ruling of the appellate tribunal and are liable for up to one year imprisonment or/and a fine.

Though, for the proper implementation of the act another year is required, but the passing of act has already caused turbulence within the builder circle as they are trying to hasten the completion of pending projects so as to avoid the wrath of the act.

LetsComply

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Momota Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tejaswinee Roychowdhury

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Geetanjali Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Taneja

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divya Kathuria

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Nikita Panesar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

J. Priyadarshini

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Siddharth Gosain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Guncha Sharma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyan Acharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Onkar Johar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sangram Jai Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Annuk Ramesh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Himanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Jahnavi K. Laungani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vanya Chhabra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aman Vashisth

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pragati Dwivedi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

M. Tanvi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anusua Bose

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pallavi Tiwari

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Payal Kalhan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Kanchan Yadav

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Afzal Badr Khan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyasi Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Haramrit Kaur Rao

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sucharita Ghosh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sanam Hayat

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Suparno Saha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anindita Bhattacharjee

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Mishra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Neha Sawal

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Unnati Vijay

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Abhinav Gaur

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Mahvish Fatma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

C. Ramya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Chandan Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aakriti Saxena

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Swatilekha Chakraborty

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Akash Vijay Wargiya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

HemRaj Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sarthak Malhotra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Arohi badsha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tarun Paul Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Priyasha Gour

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divyaish Srivastava

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vivek Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Gunjan Bhagchandani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sudhanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

For over  a decade  India and Iran were contemplating to make Chabahar port operational but the United States  and United nations’ objection to Iran’s nuclear programme proved to be a stalemate as now both US and UN gave their nod to the nuclear programme this January. Finally, the day has arrived to conceptualize the agreement.

Chabahar Port is located in southeastern Iran in the gulf of Oman. Being the only sea port of Iran with direct access to the ocean, it’s of significant value for the region. India built the port partially in 1990’s to gain access to Central Asia as well as Caucasus regions. The aim behind developing the port is the expansion of regional trade between India, Iran and Afghanistan. Iran and India agreed to develop the Port of Chabahar in 2003 but due to the introduction of international sanctions against Iran the project was shelved.

In May 2015, Memorandum of Understanding (MoU) was signed by India’s Union Minister Nitin Gadkari with the Gulf nation to build the port, but he further required to sign a commercial deal to start the construction.

India, Afghanistan and Iran have set the parameters of the Trilateral Agreement among the three countries on Transport and Transit Corridors (Chabahar Agreement) after the second meeting of experts from India, Afghanistan, and Iran held in New Delhi on April 11.

The visit of the Indian External Affairs Minister Sushma Swaraj to Iran brought forward the conclusion of the Chabahar agreement. The final signing of the Chabahar agreement will probably occur during Indian Prime Minister Narendra Modi’s visit to Iran later this year.

The port is of tactical importance for India as it will help India in gaining access to land locked Afghanistan without taking resort to Pakistan, a 220KM road is as of now developed by India linking Afghanistan to the port. Port will ensure the great economic growth of Afghanistan along with better regional connectivity.

 

The port is to be used to ship crude oil and urea. Not only it will cut transport costs but also freight time for India to Central Asia and the Gulf by about a third.

The Indian government will provide for Loan of $150 Million for the development of the port beside a loan of $400 Million for the supply of steel rails for railway link. India is all set to invest $20 billion in the expansion of Iran’s Chabahar port and has requested Iran to apportion adequate land in the Chabahar Special Economic Zone. A free trade agreement between India and Iran is also anticipated.

Finalizing the Chabahar agreement will be India’s first step towards the realization of Ashgabat agreement. The port will give an edge to India to reap the foregone profits by expanding the regional sea trade.

LetsComply

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Momota Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tejaswinee Roychowdhury

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Geetanjali Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Heena Taneja

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divya Kathuria

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Nikita Panesar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

J. Priyadarshini

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Siddharth Gosain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Guncha Sharma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyan Acharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Onkar Johar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sangram Jai Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Annuk Ramesh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Himanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Jahnavi K. Laungani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vanya Chhabra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aman Vashisth

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pragati Dwivedi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

M. Tanvi

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anusua Bose

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Pallavi Tiwari

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Payal Kalhan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Kanchan Yadav

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Afzal Badr Khan

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Shreyasi Bhattacharya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Haramrit Kaur Rao

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sucharita Ghosh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sanam Hayat

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Suparno Saha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Anindita Bhattacharjee

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ashish Mishra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Neha Sawal

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Unnati Vijay

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Abhinav Gaur

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Mahvish Fatma

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

C. Ramya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Chandan Kumar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Aakriti Saxena

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Swatilekha Chakraborty

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Akash Vijay Wargiya

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

HemRaj Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sarthak Malhotra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Arohi badsha

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Tarun Paul Singh

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Priyasha Gour

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Divyaish Srivastava

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Vivek Jain

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Gunjan Bhagchandani

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Ayush Sariyar

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

Sudhanshu Chandra

Designation: Author at LetsComply Date of Joining: February 22nd, 2016 Alma Mater: University Institute of Legal Studies, Panjab University [B.Com., LL.B(Hons.)] Location: Chandigarh Contact info: heena.jain@letscomply.com Website: www.letscomply.com What She says~ Books and gadgets are my first love. I am an aspiring Lawyer & company secretary with keen interest in Human rights, Taxation law, corporate law and securities law.

For a democratic nation, it is a sine qua non that all of its pillars function properly. Democracy has four pillars and Media is considered as the fourth pillar of the democracy. Media is not only confined to television, newspaper, radio but it has broadened its horizons and the new forms are social media and the internet. Through social media and internet, the news spreads like wildfire.

Free Media is a tool with masses to keep a check on the working of the government. Media affects the politics intensely, or in other words, it is the overseer of the political system. Media can easily influence the public opinion. Be it the extreme coverage of elections or exposing the new political scandals or through media trials, media brings the politicians into line. It can make or break political career of a person, for example, Rahul Gandhi’s wobbly appearance in a TV interview was enough to plunge his fortunes.

The media is concentrated in the hands of capitalists like conglomerates and TV producers who also happen to be the mouthpieces of the political class. It is not only the capitalists or TV producers, but  also  various political parties hold their influence over media; for example, control of Badal family over three news channels or Sun TV in South. But with the advent of the social media the not much talked about fifth pillar i.e., the common masses can speak their mind out. Certainly ‘the herd instinct follows herd mentality’ is resulting in increased social media usage by  people discussing the politics and other issues, but the upsurge is limited to the educated masses only.

The political parties have a number of tricks  to lure people and social media is the newest of them all. There are many political leaders like Shashi Tharoor, Arvind Kejriwal and Narendera Modi who have resorted to using social media as means of connecting to the masses. AAP and BJP made ample use of social media, be it widely used hash tags by the political parties or through Google hangouts in the Lok Sabha elections of 2014.

Prime Minister Narendera Modi’s use of social media as propaganda tool demonstrates how well he played with in the media rules. Only media savvy politicians who are well-versed with the media constraints could wield a mass appeal. Media is being used by the politicians for their personal aggrandizement.

Even news channels and print media are not far behind they are extensively using and creating the hash tags this showcases how social media even influences conventional media. Media can veto candidates. It can neglect one candidate and prefer other as was done by the media in case of Rahul Gandhi and Modi respectively.

The poignant element is that media is more concerned with TRP’s and real news reporting is no longer the precedence. With more and more news channels acting like public relations mangers of the political parties, the much-needed unbiased opinion is missing. Further there is doubt as to whether there is Freedom of speech and expression in reality because attempts are being made to censor already censored media even social media is not spared.