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  • Company Registration in Madurai

Company

A company is the one which is purely formed by the association of the members. It is a legal entity, can be either natural or legal or a mixture of both. But, it could carry commercial or industrial enterprise. Company is a place where people can pool their talents collectively in order to achieve the specific or declared goals. All united in a common place for a common purpose.


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Private Limited Company

A private company shall have a minimum paid-up capital of Rs. One lakh or such higher paid-up capital as may be prescribed.

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Company Registration in Madurai

Public Limited Company

The owner of the flourishing small business firms has the possibility for a rapid growth. Public limited company has its own benefits and features.

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One Person Company

One person company is a concept which will be best suitable for the entrepreneurs to start their own small company.

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Company Registration in Madurai

Limited Liability Partnership:

LLP is a formation which binds up both the company and a partnership firm. It enables the professional knowledge and the entrepreneurial skills.

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Features of a company

Voluntary association

On a voluntary basis, company is formed by the association of member and their consent.

Perpetual succession

A company has a special feature its perpetual succession, the company has no allotted span of life.

Common Seal

Though a company is an artificial person, it can only be accessed through the agents.

Limited Liability

The liability of the shareholders is different from the liability of the company.

ownership

The shareholders who contribute initially to the company cannot monitor or manage

Transferability of shares

One can sell one’s ownership to the interested buyer according to the law.