Counsel

Every Company whether public or private has to deliver the notice in-writing regarding the date of the upcoming BM at least seven days in advance, to the directors individually through the prescribed mode failing which every officer whose duty is to give notice, under this section, shall be liable to a penalty of ` INR 25,000 whether the pre-determined dates of holding BM is contained in AOA or not.

The answer to your question is NDA (Non-Disclosure Agreement) - NDAs are commonly signed when two companies, individuals, or other entities are considering doing business and need to understand the processes used in each other's business for the purpose of evaluating the potential business relationship. NDAs can be "mutual", meaning both parties are restricted in their use of the materials provided, or they can restrict the use of material by a single party. NDA creates a confidential relationship between the parties to protect any type of confidential and proprietary information or trade secrets. Clauses related to non-competence can also be included in such agreements which can be enforceable subject to terms and conditions of the agreement.

Before signing NDA one should take the following precautions: 

1. Stamping & Registration: Ensure that the NDA is properly stamped(With the Requisite value) and is registered, thus making it legally enforceable.
2. Language: The language used in the agreement should be unambiguous and transparent. 
3. Confidentiality: Always properly understand the terms and conditions mentioned in agreement related to the point of Confidentiality.
Being a Legal document it is always advisable to get the agreement vetted from an expert before signing it to verify that all the necessary points have been covered up.

I'm assuming you are also a citizen of a foreign country holding Person of Indian Origin ID card. If you are residing in India for at least 6 months in India, you and your wife can start a Private limited company in India. However, if you are not a resident in India, then you will have to have at least one resident in India as a Director of your company. You and your wife can hold 100% of the shares in the company if 100% FDI is allowed in the Business you intend to do.

We are not sure why and how you paid GST under reverse charge mechanism. The government of India has deferred this indefinitely. However, when it was envisioned, the Input Tax Credit (ITC) was supposed to be taken from the subsequent months and not in the same month. For Eg., If you have made a payment to an unregistered vendor in the month of June, you will have to pay the GST under reverse charge mechanism before July 20th. You can take this as ITC while filing your July returns before August 20th.