All you need to know about One Person Company Registration in Madurai

Short title and commencement These one person company rules may be called the Companies (Incorporation) Rules, 2014. They shall come into force on the 1st day of April, 2014. Definitions In these rules, unless the context otherwise requires,- (a) “Act” means the Companies Act, 2013 (18 of 2013); (b) “Annexure” means the Annexure to these rules; (c) “Form” or “e-Form” […]

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Company Registration and its importance in Economic World

Introduction to Company In current scenario, each and every person has some knowledge and some business ideas which he wants to convert it into reality to became a successful business person. Those idea holders can approach the business investors to invest in his ideas for raising funds. In recent years, Investor’s always want to look for a private limited company for […]

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Nomination of Majority Directors – Company Registration in Madurai

Section 255(1) of the Companies Act, 1956, which deals with the nomination and appointment of directors and the proportion of those who are to retire by rotation, read as under:- “Unless the articles provide for the retirement of all the directors at every annual general meeting, not less than two-thirds of the total number of directors of a public company, […]

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Appointment of one of your directors to be a Managing Director – Company Registration in Madurai

Do you wish to appoint one of your directors to be a Managing Director 1. A director to be appointed as a managing director would necessarily have obtained the Director Identification Number (DIN) under Section 153 read with section 154 of the 2013 Act [corresponding to section 266 A of the 1956 act]. 2. Convene a Board meeting after giving […]

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One Person Company – Company Registration in Madurai

One Person Company(OPC) With increasing the use of information technology and computers, emergence of the service sector, it is time that the entrepreneurial capabilities of the people are given an outlet for participation in economic activity. Such economic activity may plays as a vital role in the innovation of an economic person in the form of a firm or a […]

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Electronic filing of documents – Necessary factors on LLP Registration

Electronic filing of documents – Necessary factors on LLP Registration Section 68(1) of the LLP Act provides that any document required to be filed, recorded or registered under this Act may be filed, recorded or registered in such manner and subject to such conditions as may be prescribed. Rule 36 of the LLP Rules contains provisions relating to electronic filing […]

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Definition of a Company – Company Registration in Madurai

Company [Section 3(1) of Companies Act, 1956] The definition of “Company” in sub-section (1)(1) of section 3 of the 1956 Act, is subject to the other definitions given in other provisions of the 1956 Act for the limited purposes stated therein. In Telesound India Ltd., it was held that though the word companies is generally defined in section 3 of […]

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Convening Meetings of Creditors and Contributors of the Company

Company Registration in Madurai – Convening meetings of creditors and contributors of the company is what we are going to describe below in this article. A company is a separate legal entity, which is made by some association of peoples who may be natural or legal persons for commercial and industrial purposes. Basically, the company is registered and processed under […]

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Securitization Companies – Company Registration in Madurai

Company Registration in Madurai – Securitization Companies what we are going to discussed in this article. Securitization Companies   The securitization and reconstruction of Financial Assets and Enforcement of security Interest Act, 2002 had come into effect from June 21, 2002. In exercise of the powers conferred therein, the bank has framed Guidelines and Directions to Securitization Companies and Reconstruction Companies […]

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Foreign Direct Investment – Company Registration in Madurai

Company Registration in Madurai – Foreign Direct Investment what we are going to discussed in this article. Foreign Direct Investment Government wishes to facilitate Foreign Direct Investment (FDI) and investment from Non-resident Indians (NRIs) including overseas corporate bodies (OCBs) that are predominantly owned by them, to complement and supplement domestic investment. Investment and returns are freely repatriable, except where the […]

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