Have you ever bought a product or a service that wasn’t satisfactory? Did you have to go to court to get your money back or get compensation for it? If you did, then you had to go through the process of commercial law. Laws are there to protect us and the commercial one keeps us safe from fraud and sale exploitation. Here are a few things you need to know.
Like in most countries around the world, in order to do business in India you need to have a registration number for your company. In this country it is called the Corporate Indentification Number (CIN). In order to get one, you’ll need to address yourself to the Registrar of Companies (ROC) which is controlled by the Ministry of Corporate Affairs and operates in all the states which are part of India.