Solubilis – Company Registration in Madurai
Act for Acts
Appointment of Managing Director of the Company A managing Director is defined in Section 2 (26) of the Companies Act, 1956. It is at once clear from the definition that an appointment of managing director may be in any one of five ways, namely, By virtue of a consent with the company; By virtue of a resolution passed by the […]
Continue reading »Conversion of companies already registered: A company of any class which is registered under this act may convert itself as a company of other class under this act by altering the articles and the memorandum of the company in accordance with the provisions. Where the conversion is required to be done under this section, the registrar shall on an application […]
Continue reading »Appointment of official liquidators: – Company Registration in Madurai As far as it relates to the winding up of companies by the tribunal, the central government would have appointed as many official liquidators, deputy, joint or assistant official liquidators as it considers necessary in order to discharge the functions of the official liquidator. The liquidators appointed under sub-section (1) shall […]
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 »Investigation of Ownership of Company Section 247 of the 1956 Act provided for ownership of company. Under the 1956 Act, the Central Government was under no obligation to furnish a copy of report by the inspector appointed for investigation to the company or any other person, where it was of the opinion that there is good reason for not divulging […]
Continue reading »Incorporation of Company under the Companies (Incorporation) Rules, 2014 Section 3 – Incorporation of company A private company other than a company registered under section 8 of the Act having paid up share capital of fifty lakhs rupees or less or average annual turnover during the relevant period is two crore rupees or less may convert itself into one person […]
Continue reading »Rectification in winding up The jurisdiction can be exercised whether before or after the winding up, though after an order of winding up has been made, the leave of the court will be necessary for an application (s. 446 of the 1956 Act), and the order, if made be made retrospective; But an application for rectification after winding up will […]
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