1.For converting a Section 8 company into any other type of company. Firstly, you will have to seek the approval of shareholders for the conversion. Conversion of section 8 company 2.Hold a meeting of the board by complying with the requirements of section 173 of the 2013 act. The provision of sect ion 173 of the 2013 act are applicable […]
Continue reading »Convert an existing business into a company under the companies act 2013. The new company registration as private limited company registration or public limited company registration. Convert an existing business into a company 1.An existing business can be convert into a company in any of the following ways: (a) by outright sale; (b) by having partners of the firm the […]
Continue reading »Resolutions requiring special notice Under the section (190 ) of the companies act involved any provision of this act. The section has a special notice that is required of any resolutions. The notice of the plan is to act to the resolution. It is given to the company. The company has to deliver within fourteen days. Before the meeting at, […]
Continue reading »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 […]
Continue reading »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 […]
Continue reading »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 […]
Continue reading »Registration of prospectus (1)The association of a proposed company has no prospectus. The prospectus is issued for a company. Before the date of its publication. It has been delivered to the registrar for registration of prospectus.Every person has a signed copy. The name of a person has proposed director or director of the company. (a)The prospectus required of any approval […]
Continue reading »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 […]
Continue reading »Registration of unlimited company as limited in section 32 (i)Subject to the plan of this section of registration: Under the section (32) of this act a company is registered as unlimited may register as a limited company. Where a company is already registered as a limited company may register under the section (32) of this act. (ii)The section (32) shall […]
Continue reading »The Company Registration Act The registration of companies either public or private is mainly regulated unless not expressly prevented under the company registration Act 1956. The companies Act 1956 presents the companies which must register the companies which cannot register and the companies not formed under the Act which may register. The Companies Act which must register The company registration […]
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