Private limited company registration

Pvt limited company Registration in Ramanathapuram-Coimbatore

Private limited company registration in Coimbatore is very essential. It contains a separate legal entity which is form by minimum 2 members. The company is also limit to have minimum shareholders. If anybody needs to begin a company his first choice will be to start a private limited company because it will have minimal formalities. It is quite easy to form and it needs ‘certificate of incorporation’. The paid up capital for private limited company is also minimum. In private…

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Private Limited company registration in Kochi – Kaloor

Private Limited company registration in Kochi – Kaloor Private limited company registration in Kochi is run privately with a minimum number of shareholders. The owner’s liability to the shares is within a limit. When liability is limit to the shares of course in case of any financial loss to the company, the shareholders no need to take risk of owing their assets to loss. Unlike OPC the shareholder in Private limited company can be up to 50 and minimum two…

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Private Limited Company Registration – Never Underestimate its Influence

The Private company is some type of small business entity, where the ownership is limited to the private areas. Alternatively, the responsibilities of the members in the Pvt.Ltd is controlled to the number of their shares. Individual peoples are owning a private limited company. Here, the individuals have limited share in the company. The limited share means at least one share. It is termed as shareholders. Especially, in most of the limited companies, the shareholders are carrying the debt of…

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Registrar, application and procedure on any application receipt or form or document electronically.

The Registrar shall examine or cause to be examined every application or required document or e-form or authorized to be filed or delivered under the Act or made rules there-under for registration approval, record taking or by the Registrar rectification, as may be the case. Provided that save as given in the Act otherwise, the Registrar shall take decision on the application, documents or e-form within thirty days from its filing date excluding the cases in which the Central Government…

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Debentures,obligations of company.

Debentures, obligation of the company The company shall make sure that the offer letter shall contain material, true and factual information and shall not contain any misleading information and must state that the affairs of the company accept the responsibility for document such that contained in the document; the company shall not give any new shares including by way of shares of bonus from the resolution passing date which is authorizing special the buy-back till the offer closure date in…

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AUDITOR AND AUDITORS

AUDITOR APPOINTMENT. MANNER AND PROCEDURE OF APPOINTMENT AND SELECTION OF AUDITORS (RULE 3)In case of a company that is needed to constitute an Audit Committee under section 177, the committee and, in cases where such a committee is not needed to be constituted, the Board, shall take into consideration the individual qualification and experience or the proposed firm to be considered as auditor for appointment and whether qualifications such and experience are commensurate with the company size and requirements. While…

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Subsidiary, Companies needed to appoint internal auditor.  The following companies class shall be needed to appoint an internal firm or auditor of internal auditors, namely:- a, Every listed company. b, Every public company unlisted having– i, Paid up share capital of rupees fifty crore or more during the prior financial year. ii, two hundred crore rupees turnover or more during the prior financial year or iii, Borrowings or outstanding loans from public financial institutions or banks exceeding one hundred crore…

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Do you wish to reduce the share capital of your company?

Do you wish to reduce the share capital of your company? Convene a board meeting after issuing not less than seven days notice to every director of the company at his address registered with the company as per section 173(3) of the 2013 act and approve the scheme of reduction, and fix up the date, time, place and agenda for the general meeting to pass a special resolution for effecting reduction and consequently to  change the memorandum of association (MOA)…

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Secured Creditor’s Power to make Reference of the Company

Scope of section 253(1) of Companies Act, 2013 Section 424 of the 1956 Act was vested only with the Board of Directors of the company. The 2013 Act extends the powers to secured creditors too. This Scheme is in line with the provisions of the title 11 of the US code where under not only the debtor, but also the creditors can file a plan for reorganization. However, under the UK Insolvency Act, 1986 directors can propose voluntary arrangements to…

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How to change the name of a private company – private ltd company

How to change the name of a private company? Here, we are going to discuss how important is to change the name of a private limited company due to structural change occurs after the incorporation and registration of a company. The name of the company, in general, helps third parties to alliance their needs with the activities of a company. When we do expansion or change of field of operation of the company, the name is required to be changed.…

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