Introduction Bima Trinity is a comprehensive insurance initiative launched by the Insurance Regulatory and Development Authority of India (IRDAI) to support its vision of "Insurance for All by 2047." It…
Background and Evolution of IRDAI (Insurance Regulatory and Development Authority of India) Introduction The establishment of the Insurance Regulatory and Development Authority of India (IRDAI) was the result of a…
RuPay Card – India's Domestic Card Payment Network RuPay Card – Basic Information ParticularsDetailsNameRuPay CardFull Form / MeaningThe name RuPay is derived from “Rupee” + “Payment”, representing India’s own payment…
Unified Payments Interface (UPI) – At a Glance ParticularDetailsFull FormUnified Payments Interface (UPI)CategoryReal-Time Digital Payment SystemDeveloped ByNational Payments Corporation of India (NPCI)Parent OrganizationNational Payments Corporation of India (NPCI)Regulatory AuthorityReserve Bank…
Although both Acts regulate India's banking and financial system, they have different objectives and functions. The Reserve Bank of India Act, 1934 establishes and regulates the Reserve Bank of India…
What is a Payment System? A payment system is a system or method used to transfer money from one person, business, or organization to another. It helps people make and…
ParticularDetailsNameNational Company Law Tribunal (NCLT)Hindi Nameराष्ट्रीय कंपनी विधि अधिकरणNatureQuasi-Judicial BodyEstablished On1 June 2016Established UnderCompanies Act, 2013JurisdictionEntire India (Government of India)Parent MinistryMinistry of Corporate Affairs (MCA)HeadquartersNew DelhiType of BodyTribunal (not a…
Difference Between Limited Liability Partnership (LLP) and Company Detailed Notes (English) – Comparative Table Introduction Both Limited Liability Partnership (LLP) and Company are separate legal entities incorporated under Indian law.…
Start-up LLP and Small LLP under the LLP (Amendment) Act, 2021 Introduction The Limited Liability Partnership (Amendment) Act, 2021 introduced two new categories of LLPs—Small LLP and Start-up LLP—to promote…
ParticularsDetailsName of the ActLimited Liability Partnership Act, 2008Long TitleAn Act to make provisions for the formation and regulation of Limited Liability Partnerships and for matters connected with or incidental thereto.Act…
