ACT FOR ACTS
A public limited company has been defined in section 3 (2) (iv) to mean a company which- (a) is not a private limited company (b) The minimum paid-up capital of a public company which has five lakh rupees or such higher paid-up capital as may be prescribed. (c) is a private limited company which is a subsidiary of a company […]
Continue reading »A private limited company has been defined in Section 3 (1) of the act 1956. The minimum paid-up capital of a company which has a Rs. one lakh or such higher paid-up capital as may be specified. (a) restrictions towards transfer of its shares. (b) the company members limits is fifty not including any other than members: (i) persons who […]
Continue reading »Company Registration Procedure The company registration procedure is given below: In case of public limited company : 1. Select in order of choices, as some eligible company names each of which would present as the important object of the suggested company. 2. Avoid names which are related to the names or resemble too closely of any other company already registered. 3. […]
Continue reading »The private company privileges details are given below. The companies act 1956 grants several exemptions and concessions to private companies as compared to public companies. Briefly, these are : Private company privileges (i) two or more persons may form a private limited company whereas in the case of public limited company a minimum of 7 persons is required [Section 12 […]
Continue reading »The company registration steps are required to be taken for incorporation of a company other than a producer company. The following steps are required for your company registration procedures. Purpose for which a company can be incorporated A company can be incorporated for a lawful functional entirely. Every purpose is lawful unless it is forbidden by law or is contrary […]
Continue reading »If any charge created by a company. If the charge on properties acquired subject to such charge is modified. Where you should file the modification of charges with the registrar of companies (ROC). There you can get the same duly registered by the ROC. The company registration modify existing charges is to be mentioned under the section 77 of the […]
Continue reading »The public company has the following procedures prescribed in the act for convert private limited company for their status. Similarly, a public limited company can convert itself into a private limited company. Convert Private Limited Company into Public Limited Company A company which is initially incorporated as a private limited company. The company can change its status into that of […]
Continue reading »1.Every company should prepare and file an annual return every year which contain various particulars about the Company as on the date of closure of the financial years. 2.The annual return must be filed by a Company, whether it has share capital or otherwise, whether it is private company or public company, whether it is doing business or not. 3.Even […]
Continue reading »The Section 465 in the 2013 Act (which has not yet been notified) provides, inter alia. The provisions of part IXA of the Companies Act, 1956 which relates to producer companies. It shall be applicable mutatis mutandis to a producer company in a manner. The companies Act, 1956 has not been repealed until a special Act is enacted for producer […]
Continue reading »The 1999 Act has introduced one fundamental change. It provides for registration of trade marks for services. It also referred as service trademarks for the first time effective 15.9.2003. There is no difference in substantive or procedural requirements for trade marks registration for services. Trademarks registration for services All the provisions applicable to trademarks for goods are more or less […]
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