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Showing posts from August, 2023

Articles of Association in Company Law

Articles of Association (AOA)    As per Section 2(5) of the Companies Act, 2013 articles means the Articles of Association  in Company Law   (AOA  in company law ) of a company originally framed or altered or applied in pursuance of any previous company law or of this Act. Articles of Association (AOA) objectives Articles of Association contains the rules and regulations as well as bye-laws for the internal management of the company. The company's AOA must include the rules for managing the business. Additionally, the AOA must include any mandated topics. It won't stop a corporation from putting any additional information in its AOA that would be deemed crucial for its management. Content of Articles of Association (AOA) In company law, the articles of association typically cover the following areas: 1. Company Purpose : The articles define the company's objectives, activities, and the scope of its business operations. 2. Shareholders' Rights : The articles outline the

Enhancing Efficiency with Invoice OCR Technology

 WHAT IS OCR? OCR , often known as an optical character reader, is a technology that essentially reads text from documents or images. In order to do character recognition, the image or document is first converted into a text file, after which the text is recognized, organized, and processed to create a machine-readable file that can be utilized as needed. OCR technology allows you to extract information from documents and transform them into searchable, editable data. One of the best examples of OCR is Masters India  Invoice OCR . The benefits of using OCR is OCR is frequently used for a variety of tasks including processing sales orders, payment & bank receipts, other searching legal and human resources documents, and in Invoice processing. The fundamental advantage of OCR is that it makes text searches, editing, and storage simple, which simplifies data entering. OCR data can be read with a high degree of  accuracy.  Flatbed scanners may produce images of decent quality and are h

Eway Bill Software and Eway Bill API

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Gst E way Bill Software to Automate the eway bill GST E way Bill Software by Masters India to Reduce your e way bill generate Effort by 93.00% A GST E way bill is a receipt or a document produced by a carrier that provides information and instructions relating to the shipping and consignment of goods.  Our Eway Bill Software Helps Companies to Reduce the Company Compliance Efforts Masters India's   e-way bill software is a fully automated system that requires little to no manual effort or human intervention. It conserves resources by reducing compliance by up to 93%. It delivers smooth and fast service, making e-way bill generation, transportation, and commodities facilitation a breeze. The advantages of eway bill software are listed below. It is best suite for Business, Transporters, enterprises and logistics who have presence at multiple places and want to fasten and smoothen the process at all places. It's a cloud based software that could be accessible from anywhere and cr