Industry

 Industry is a Production business which produce physical goods and service goods too.

Industry registration:-Industry are registered according to Industrial Enterprises Act. Registering the industry helps you to get facility provided by the industrial Act. Production oriented company should also registered as industry in concern department and office to established its industry and to exercise all functions of a company incorporated under the Act.

Industry Update: On physical year basis industry should also update by submitting its progress report to its concern department/office to prevent from penalty.

Ownership Transfer:-  It means the act of point in place or time at which ownership of a thing is passed from one person to another. Transferring the ownership of a industry helps to increase motivation, ensures futures promotion and also it allows owners to develop new interest, and prepare themselves and the business for life after the sale.

Close of industry:-  Close of industry means to come all process and function of industry to an end. Industry closure is taken as one which may have occurred due to industrial disputes or also because of reasons other than industrial disputes such as financial stringency, shortage, crisis and many more. There is a procedure to follow before the closure of industry prescribe by the Act.