WELCOME TO CORPORATE PROFESSIONALS

Corporate Professionals, a group envisioned by Mr. Pavan Kumar Vijay, past President of Institute of Company Secretaries FVH9GFWBBT3U of India, is recognized as a destination where all paths in search of corporate solutions end. Together with Mr. Pavan Kumar Vijay,
another versatile personality Dr. R. K. Agarwal, who has been associated with the group since its inception, leads the organization at each turn. Through our strong foundations and our team of expert professionals of diverse fields, we created a brand which is recognized to provide corporate services at internationally competitive standards. Corporate Professionals group is head-quartered in Delhi with its associates spread across the globe.

The group has been involved in delivering services ranging in M and A, Investment Banking, Business Valuations, Corporate Compliance and Due Diligence, Securities Laws advisory, Corporate Taxation, etc.

At Corporate Professionals, we believe in sharing and disseminating knowledge, interacting with professionals and corporate houses on various legal, corporate, financial and procedural aspects affecting businesses in India and world-wide. Hence we have a dedicated team of professionals making continuous research, tracking regulatory changes and sharing them with more than 1 lac professionals through our newswires, mailers and top social networking sites, such as Facebook, Twitter, LinkedIn, Slideshare etc.

The main aim behind creating this blog is to consolidate our various endeavours of knowledge dissemination at a single platform and to facilitate all our professional friends and colleagues to interact on various postings. We also solicit views for further improvement of our such endeavours.

Location: South Extension Part 1, New Delhi, Delhi (state), India

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Leaves & Holidays under Indian Labour & Employment Laws

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Holidays and Leaves of workers in India are governed principally by the Factory Act, 1948 and state shops and establishment acts. Weekend Holidays Mr. Pankaj Singla Sr. Associate +919971508320 pankaj@indiacp.com In India, the law prescribes maximum number of hours a week a worker may not be employed beyond. An adult worker shall not be employed for more than 48 (forty eight) hours in a week and not more than 9 (nine) hours in a day. Weekly holiday is compulsory as per the Factories Act. First day of the week i.e. Sunday shall be a weekly holiday. The employer has to make sure that no worker works more than 10 days without a rest day of 24 hours. Therefore, if the worker is asked to work on weekly
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Work Hours and Overtime under the Factory Act, 1948 and Shops & Establishment Act

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India has two major laws concerning working hours of workers i.e. the Factory Act, 1948 and Shops & Establishment Act. The regulations related to the working hours can be separated into four broad categories that help demarcate the dimensions of the discussion. Working Hours for Factory Workers; I. Employment of Adults: Mr. Pankaj Singla Sr. Associate +919971508320 pankaj@indiacp.com An adult worker shall not be employed for more than 48 (forty eight) hours in a week and not more than 9 (nine) hours in a day. A compulsory rest of at least half an hour (30 minutes) between each period of work  and such period of work shall not exceed five hours. Total period of work inclusive of rest interval cannot be more than 10.5 hours. The Chief Inspector may by giving a reason in writing  increase the workday time up to twelve hours. According to Minimum Wages Act, 1948 the working day of a worker shall be so arranged that inclusive of the interval of rest it shall not exceed
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Start Biz in India: Automobile Industry

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Choices add the ultimate spice to life and India with the largest number of people (well almost!) needs a lot of them. That is especially true when it comes to things majorly characterized by the ever-evolving technology. And obviously, when there’s a demand, there’s going to be a large number of industry players competing with each other to bring out the best possible product in a given price change. One such industry is the Indian Automobile Industry which very visibly stays on its toes to bring new models for the domestic and international markets alike. The domestic players are sincerely trying to meet the international standards and yield the best quality. Mr. Manoj Kumar Vice President +919910688433 manoj@indiacp.com Nissan's Managing Director in India, Mr. Kiminobu Tokuyama says “India is a rapidly growing market, so therefore it is very important for global auto manufacturers". India’s potential as a manufacturing country and as a consumer base is being
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