Category: Company

The entrepreneur faces the problems as how to manage the business activity. He is baffled in creating a choice out of the four main organization types like partnership firm, sole proprietorship and the company form of organizations wherein he can ably make rational co-ordination of the achievement of the objectives through division of functions and labor, choosing efficient allocation of […]

The company registration parts like private limited company and public limited company and LLP have certain rules to changed in the companies act 1956 into 2013. Here the complete analysis given in both acts. Analysis of relevant provisions   For a private limited company registration is required two or more persons for public limited company registration need seven or more […]

Under section 2(31) categories of amount which will not be in included in definition of deposit may be prescribed in consultation with RBI. Here we see about the matters prescribed under the act 2013. Under section 2(68) higher paid up share capital may be prescribed for private limited company registration. Under section 2 (71) higher paid up share capital may […]

A company may be spoiled by the board in the following circumstances: If the company has a special resolution passed at a general meeting of members resolved that the company be wound-up by the tribunal. If the company does not start its business within a year of registration or excludes its business for the total years. If the number of […]

At annual general meeting, the performance of the company in the last financial year and to consider the question of payment of dividend and of reappointment of directors and of auditors. Accordingly section 173 of the act prescribes that business other than the following that may be considered at every annual general meeting are special business: The statement of dividend […]

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 […]

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 […]

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, […]