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Other of a wide range of products which include Drug License and Nidhi Company (Mutual Benefit Society).

Drug License
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Drug License

Rs 999 / MinuteGet Latest Price

Minimum Order Quantity: 1 Minute

Location/CityPan India
Service ChargesApplicable
Type of CertificationNew Certification
Type Of Service ProviderConsulting Firm
Country Of OriginAll

Food and Drug Administration grant Drug license, and ensure following points.
To ensure safety, efficacy, purity and quality of Drugs.
To prevent consumers from self-medication.
To ensure availability of drugs at authorized prices.
To create an awareness about the importance of proper storage of drugs.
To eliminate irrational combinations /banned drugs.
To study the problems and suggestions made by the stakeholder.
To collect the information in general about the drug trade and take necessary steps.
To prepare policy regarding drug matter.
To prevent misuse of Narcotics drugs.
Drug includes -
 All medicines for internal or external use of human beings or animals and all substances intended to be
used for or in the diagnosis, treatment, mitigation or prevention of any disease or disorder in human beings
or animals, including preparations applied on human body for the purpose of repelling insects like
 such substances (other than food ) intended to affect the structure or any function of the human body or
intended to be used for the destruction of [vermin] or insects which cause disease in human beings or
animals, as may be specified from time to time by the Central Government by notification in the Official
 All substances intended for use as components of a drug including empty gelatin capsules.
 Drugs regulated
 Allopathic Drugs
 Ayurvedic Drugs
 Homoepathic Drugs
 Unani , Siddha Medicines
 Blood, Blood components, Blood Products
 For the sale of Ayurvedic Drugs and Cosmetics no sale licence is required.
Application in Form No: 19.
 Additional information form (With Competent Persons present photograph)
 T.R. Challan No: 7 showing Licence fees of Rs. 3000/- (For Biological & Non - Biological
Licences) deposited at R.B.I. / S.B.I. Main branch.
 XEROX COPY OF HOUSE RENT BILL (In case of rented shop premises), with full signature of House owner.
 Xerox copy of House Tax Receipt (Issued by local Municipality / Government Tax
 Receipt issued by B.L.R.O.) in case of Panchayat area
 Xerox copy of Purchase record of Refrigerator in the name of the proposed firm, with full address.
 Appointment letter of competent person (as per format affixed on Notice Board)
 Xerox copy of experience certificate issued by Drug Licenced firm with attestation of the signature of
experienced salesman by the proprietor of the said licenced firm.
 If the candidate is Graduate with minimum 1 (One) year experience after passing the last examination as
salesman is required and in case of under graduate but Madhyamik passed persons 4 years experience
(joining date & release dates are to be mentioned) after passing the Madhyamik examination is required.
 Academic qualification Certificate (Xerox Copy).
 Date of birth certificate / Affidavit of experienced person (competent person)
 Affidavit of competent person (format affixed in Notice Board)
 Partnership deed (copy) in case of partnership firm (if registered no other papers are required)

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Nidhi Company (Mutual Benefit Society)
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Nidhi Company (Mutual Benefit Society)

Rs 999 / MinuteGet Latest Price

Minimum Order Quantity: 1 Minute

Company LocationPan India
Professional ExperienceAll
Project DurationAll
Type Of Service ProviderConsulting Firm
Type Of OwnershipAll
Type Of ServiceNew company registration

These companies can raise funds from general public through open invitations by selling its shares or accepting fixed deposits. These companies are required to write either Mutual Benefit or Nidhi after their names.. In these Company one director is not responsible or liable for another Directors misconduct or negligence; this is an important difference from that of a partnership form of business organisation. The Liability of Directors are limited to the extent of amount remaining unpaid on shares subscribed by him.
Nidhi Companies can open SB Accounts for its members. There are certain restrictions like a Director can hold office for a continuous period of 10 years only and an Auditor for a period of 5 years.
Nidhi is a company formed with the exclusive object of cultivating the habit of thrift, savings and functioning for the mutual benefit of members by receiving deposits only from individuals enrolled as members and by lending only to individuals, also enrolled as members, and which functions as per Notification and Guidelines prescribed by the DCA. Thus if you want to deposit any amount in a nidhi Company or want to avail a loan from a Nidhi Company, first you have to become a member by subscribing to shares of the Company.
The word Nidhi shall not form part of the name of any company, firm or individual engaged in borrowing and lending money without incorporation by DCA and such contravention will attract penal action
Under the existing Law, Nidhi Companies are not allowed to raise deposits beyond Rs. 20 crores. Nidhi Companies, which have deposits beyond Rs. 20 crores on the date of Notification on November 1.1999, cannot accept further deposits. If the deposits exceed the limits as on November 1,1999, the company would cease to be a Nidhi Company. Further , a Nidhi Company cannot have more than three branches in a State where it is registered.
Can raise small deposits from general public.
Shares are freely transferable.
Better Brand Image.
Limited Liability of Directors.
Perpetual existence irrespective of changes in Directors.
Taxation @ 30%.
Minimum Capital Requirement is Rs 5,00,000.
Company has its own entity distinct from its Directors.
Nidhi Company is a company registered under Companies Act and notified as a Nidhi Company by Central Government under Section 620-A of Companies Act. It is a non-banking finance company doing the business of lending and borrowing with its members or shareholders.
It is a non-banking finance company doing the business of lending and borrowing with its members or shareholders.A minimum of seven members are required to form a mutual benfit/Nidhi company. It must have minimum paid up capital of Rs 5 lakhs. There is no restriction on maximum number of members. The shares allotted to the members are freely transferable.

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