Subsidiary company not to hold shares in its holding company

Subsidiary company under the companies act 2013 There is no company is not considered as a nominee itself. Where no holding company and the holding company shares and¬† shall assignment to any shares. The subsidiary company transfers its shares in any of its companies. Such assignment the¬†subsidiary company has transfer a company shares . In this sub-section that has nothing […]

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The company’s register of charges in the companies act 2013

The company’s register of charges (1)Every company’s shall retain as its registered office. A register of charges in such form. It is prescribed in such manner. Which shall include therein all charges. The floating charges affecting any property. It also affects assets of the company or any of its commitments. In each case is indicating such particulars are may be […]

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The registered office of a company in section 12

The registered office of a company (1)A company is to form in the fifteenth day of its incorporation. Thereafter a company has a registered office. Then accepting all his transmissions with this address. (2)The company shall enhance of its registered place with the registrar verification. The registered commission within a period of thirty days of its incorporation. In such manner […]

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Why to form a company ?

Why to form a company ? There are different forms of organisations to choose from to do business such as sole proprietorship, partnership, co-operative societies, and joint stock company. Each one of these organisations has special features and characteristics of its own. The company as a form business organization that has come to acquire a pre- eminent position in modern […]

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