PRIVATE LIMITED COMPANY
PRIVATE LIMITED COMPANY REGISTRATION
A private company limited by shares, means the members’ liability is limited to the capital paid. The private limited company is incorporated as per the companies Act 2013. Minimum number of members to form a private limited company is a two and minimum number of directors are also two.
When a private Limited Company is formed it should issue the shares to the promoters of the company. The company can increase the capital if there is any requirement.
We Solubilis Corporate services, team of experienced company secretaries and chartered accountants providing private limited company registration in Chennai and private limited company registration in Bangalore and Private Limited company registration in Coimbatore and Private limited company registration in Kochi and all other places in India.
A company whose shareholders is offering limited liability. But ownership restrictions are strictly in place to avoid the hostile takeover attempt by any association or by laws.
The advantages of registering a private limited company in Chennai
Limited Liability of the members
During Company experience financial distress the shareholders will not be at risk of being seized by creditors.
Continuity of existence:
The business of the company will not be affected director’s position. It has Continuity of existence.