The private limited company registration in mandatory in the present era; since, a business organization is a company that makes, buys, or sells goods or services in exchange for money. Simply put, a company is a mode of doing business. Your business setting needs to be well considered and most importantly decide what type of business structure or vehicle to […]
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A private limited company is a very popular corporate entity in India. Private Limited Company Registration in India has the governance by the Ministry of Corporate Affairs (MCA). A private limited company is a form of privately owned small business entity that requires at least two shareholders and a director. For company incorporation in India, be sure to register your […]
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How to start a private limited company in chennai? A private limited company is an attractive business model because it is a company with a payout share capital of at least 1 lakh. For a merger, the company needs at least 2 directors. However, the shares of the company are privately owned and cannot be traded publicly. If the company […]
Continue reading »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 […]
Continue reading »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 […]
Continue reading »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 […]
Continue reading »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 […]
Continue reading »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 […]
Continue reading »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 […]
Continue reading »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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