Issue of Global Depository Receipts of Company Registration in Madurai

Issue of Global Depository Receipts  In Issue of Global Depository Receipts of the powers conferred by section 41 read with 469 of the Companies Act, 2013, the Central Government hereby makes the following rules, namely:- Short title and commencement These rules may be called Companies (Issue of Global Depository Receipts) Rules, 2014. They shall come into force on the 1st day of […]

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Nomination of Majority Directors – Company Registration in Madurai

Section 255(1) of the Companies Act, 1956, which deals with the nomination and appointment of directors and the proportion of those who are to retire by rotation, read as under:- “Unless the articles provide for the retirement of all the directors at every annual general meeting, not less than two-thirds of the total number of directors of a public company, […]

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Sweat Equity Shares of Unlisted Companies – Company Registration in Madurai

Issue of Sweat Equity Shares of Unlisted Companies  In exercise of the powers conferred by proviso to Sub-section (1) of Section 79A of the Companies Act, 1956 (1 of 1956) read with sub-section (1) of Section 642 of the said Act, the Central Government hereby makes the sweat equity shares rules, namely:- Short title and commencement These regulations shall be […]

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Do you wish to hold an annual general meeting? – Company Registration in Madurai

Do you wish to hold an annual general meeting? Hold the first annual general meeting within nine months from the date of closing the first financial year and if that is done, there is no necessity of holding any other annual general meeting in the year of incorporation. Thereafter hold the annual general meeting every year so that not more […]

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Producer Company and Its Company registration rocess in Madurai

Producer Company and Its Company registration process The Amendment Act also includes the insertion of the provisions which enables the conversion of an existing co-operative society into a company as also the incorporation of a Producer Company. This part contains specific provisions relating to incorporation, management, meetings, share capital etc. of Producer Companies Objects of Producer Company A Producer company […]

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