Carrying out new objects whether contained in the memorandum

We have explained in the memorandum of association, the object clause of companies formed on or after 15-10-1965, the date of commencement of amendment act, 1965, shall carrying the objects as : Main objects that the company will pursue immediately on its registration The objects incidental or ancillary to the attainment of the main objects The other objects is not […]

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Body corporate incorporated outside India

Body corporate incorporated outside India has both holding or subsidiary company has the act 1956. The company name without the word “LIMITED” or “PRIVATE LIMITED” in its name The central government has the power to registered a company that are formed as companies without the word “Limited” of “Private Limited” in their names. Minimum paid-up capital not applicable The requirement […]

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Documents to be filed with registrars of companies

Various documents and returns have to be filed with the ROC as prescribed in the sections of the companies act 1956 starting with form 1 for application and declaration for company registration as prescribed in section 33. Registration of certain resolutions and agreements The provisions in this section are frequently compiled with by a company. In terms of this section, […]

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Software company wish to get an overseas software company

Do you being a software company wish to acquire an overseas software company ? Software Company wish to get an foreign software company 1.Note the following : (a) Government has by Circular F.No : 15/22/99 – NRI dated 27.12.1999 issued by the Ministry of Finance. The investment division decided to liberalize the working norms ruling overseas mode of financing and […]

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Do you wish to increase the authorized share capital of your company

1. Consult the Articles of Association (AOA) of your company to see whether they authorize. The company to increase the share capital. If it does not authorize complete proceedings to alter them accordingly. Increase the authorized share capital 2.If your company is not a Company limited by shares. Your company wishes to increase the number of its members beyond the […]

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Company statutory registers and returns

(1) Every company statutory should keep and maintain the registers as : (a) Register of members showed individually for each class of enquiry and preferences shares held by each member residing in or outside Chennai. (b) Register of any other security holders. (c) Register of debenture-holders in a company. Company statutory registers and returns (2) Every register is maintained under […]

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