Director Identification number (DIN) under companies act

One of the purposes which is sought to be achieved by the enactment of the companies act 2006 is to identify every director of company at all times by making statutory provision in respect of Director Identification Number.  In this article, we see about the DIN registration process. In conformity with section 266A, every person proposing to be appointed as […]

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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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Registration of a company with the registrar of companies

The formalities prior to the company registration is comprising of : (i) selecting a name (with six alternative names in all in that order of preferences as desired so that in case the suggested first choice is not available the second and so on. (ii) drafting the Memorandum of Association. (iii) drafting the Articles of Association. Form of Memorandum A […]

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Director of his relative holding an office of profit in the company

Consent of members may be taken subsequently To suit the practical convenience, the company board of directors is allowed to make the appointment first and take the consent of the company in general meeting by special resolution at the general meeting held for the first time after the said appointment. Section applies to a public or private limited company The […]

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ISO 9001 management responsibility

Any enterprise operating on the basis of modern management principles needs to define its objectives. The broad methodology for achieving these objectives in the form of a corporate policy. As has been seen in earlier chapters, quality is an important element in the success of an enterprise. A corporate policy document should therefore visibly demonstrate top management’s commitment to the […]

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