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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Qualifications and Disqualifications of Auditor of the Company

Qualifications and Disqualifications of Auditor of the Company The qualifications and disqualifications of auditor provided in the section are the same, be it a private limited company, a public limited company, a Government company, or a company licensed under section 8 incorporated for charitable purposes. The main purpose of this section is to ensure that only the qualifications person possessing […]

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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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Minimum Subscription of the Company – Company Registration in Madurai

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 […]

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Offer of Shares to the Company – Company Registration in Madurai

An offer to the public An offer of shares to the company‘s shareholders cannot be termed “an offers to the public”. Sub-section(1) which states that an offer to the public shall include a reference to offering them to “any section of the public whether selected as members or debenture holders of the company“  is, as the sub-section itself states , […]

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Incorporation of a One Person Company – Company Registration in Madurai

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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Do you wish to takeover a listed company – Company Registration in Madurai

Do you wish to takeover a listed company  If you are a listed company and the person taking over the company is already holding 25% of the voting rights in respect of shares to be acquired, and, the acquirer is desirous of acquiring further shares in respect of target listed company, he has to make the public announcement of a […]

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