Solubilis – Company Registration in Madurai
Act for Acts
What is Public Limited Company? As according to Companies Act, 2013 A Public Company is a Company which is not a Private Company. A Public Limited Company is a business enterprise that has limited legal responsibility and offers shares to the overall public. A non-public restrained organisation will have a maximum of 200 participants while there’s no restriction on the […]
Continue reading »According to the Companies Act, 1956, a Company is an association of people which is shaped and registered underneath this Act or any previous agency laws. A organisation is a separate legal entity which isn’t like its shareholders. It is an vital feature of Company that there’s a distinction between humans who have manipulate over the affairs of a Company and the people who absolutely own the startup. Steps to be taken to get a new business enterprise incorporated: Selection of a appropriate call: Select, so as of preference, at the least one suitable name upto a most of six names, indicative […]
Continue reading »Private Limited Company Registration Private limited company is a company which is private or personally held small business. Private company itself defines that these are companies which have liability and is extremely personal. The liability of its members/shareholders are limited to their capital/amount of shares held by them. There are quite common words related to Private Limited like Directors, DIN Number, […]
Continue reading »Disposal of Cases On receipt of an application, petition, appeal of the company etc, the Tribunal, after giving the parties a reasonable opportunity of being heard, pass such orders thereon as it thinks fit: Provided that the Tribunal, after considering an appeal, may summarily disposal the same, for reasons to be recorded, if the Tribunal is of opinion that there […]
Continue reading »Manner of transfer of shares under sub-section (6) of section 124 to the Fund The shares shall be credited to DEMAT Account of the Authority to be opened by the Authority for the said purpose, within a period of thirty days of such shares becoming due to be transferred to the Fund: Provided that, in case the beneficial owner has […]
Continue reading »Nidhi Rules, 2014 In exercise of the powers conferred under sub-section (1) of Section 406 read with sub-sections (1) and (2) of Section 469 of the Companies Act, 2013, the Central Government hereby makes the Nidhi Company Rules, 2014, namely:- Short title and commencement These Rules may be called Nidhi Rules. They shall come into force on the 1st day […]
Continue reading »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 […]
Continue reading »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 […]
Continue reading »Requirement as to minimum subscription Section 69 of the 1956 Act prohibits a company from making allotments pursuant to a public issue of capital unless the amount stated in the prospectus as the minimum subscription has been subscribed and the money payable on application in respect of such shares constituting the minimum subscription has been received by company within 120 […]
Continue reading »Incorporation of a company: Both sole member and nominee shall be natural persons, Indian citizens, and residents in India Only a natural person who is an Indian citizen and resident in India- Shall be eligible for incorporation 0f a one person company; Shall be a nominee for the sole member of a one-person company. The term resident India means a […]
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