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    Other Resources

    How to close an Indian subsidiary: Strike off, Voluntary liquidation and BO closure
    How to close an Indian subsidiary: Strike off, Voluntary liquidation and BO closure

    A foreign parent company can close its Indian subsidiary through two routes: strike off under Section 248 of the Companies Act 2013 for defunct companies with no assets or liabilities, or voluntary liquidation under Section 59 of the Insolvency and…

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    ESI Compliance in India: ESIC Applicability, Eligibility, Contribution Rates,
    ESI Compliance in India: ESIC Applicability, Eligibility, Contribution Rates,

    ESI compliance in India is not complicated until it is. The thresholds look simple on paper: 10 employees, ₹21,000 salary ceiling, 4% total contribution. What catches startups is the second layer. The continuation rule prevents mid-period deregistration. The wage component…

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