Solubilis – Company Registration in Madurai
Act for Acts
What is Public Limited Company? As according to Companies Act, 2013 A Public Company is a Company which is not a Private Company. A Public Limited Company is a business enterprise that has limited legal responsibility and offers shares to the overall public. A non-public restrained organisation will have a maximum of 200 participants while there’s no restriction on the […]
Continue reading »According to the Companies Act, 1956, a Company is an association of people which is shaped and registered underneath this Act or any previous agency laws. A organisation is a separate legal entity which isn’t like its shareholders. It is an vital feature of Company that there’s a distinction between humans who have manipulate over the affairs of a Company and the people who absolutely own the startup. Steps to be taken to get a new business enterprise incorporated: Selection of a appropriate call: Select, so as of preference, at the least one suitable name upto a most of six names, indicative […]
Continue reading »Private Limited Company Registration Private limited company is a company which is private or personally held small business. Private company itself defines that these are companies which have liability and is extremely personal. The liability of its members/shareholders are limited to their capital/amount of shares held by them. There are quite common words related to Private Limited like Directors, DIN Number, […]
Continue reading »Disposal of Cases On receipt of an application, petition, appeal of the company etc, the Tribunal, after giving the parties a reasonable opportunity of being heard, pass such orders thereon as it thinks fit: Provided that the Tribunal, after considering an appeal, may summarily disposal the same, for reasons to be recorded, if the Tribunal is of opinion that there […]
Continue reading »Manner of transfer of shares under sub-section (6) of section 124 to the Fund The shares shall be credited to DEMAT Account of the Authority to be opened by the Authority for the said purpose, within a period of thirty days of such shares becoming due to be transferred to the Fund: Provided that, in case the beneficial owner has […]
Continue reading »Maintaining documents electronically in Company Registration in Madurai (1) The Central Government shall set up and maintain a secure centralized electronic registry in which all the applications, financial statement, prospectus, return, register, memorandum, articles, particulars of charges, or any particulars or returns or any other documents under the Act shall be filed and stored electronically. (2) Every document or certificate […]
Continue reading »Companies (Auditor’s Report) Order, 2016 In exercise of the powers conferred by sub-section (11) of section 143 of the Companies Act, 2013 (18 of 2013) and in supersession of the Companies (Auditor’s Report) Order, 2015, published in the Gazette of India, Extraordinary, Part II. Section 3, Sub-section (ii), vide number S.O. 990(E), dated the 10th April, 2015, except as respects […]
Continue reading »Nidhi Rules, 2014 In exercise of the powers conferred under sub-section (1) of Section 406 read with sub-sections (1) and (2) of Section 469 of the Companies Act, 2013, the Central Government hereby makes the Nidhi Company Rules, 2014, namely:- Short title and commencement These Rules may be called Nidhi Rules. They shall come into force on the 1st day […]
Continue reading »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, […]
Continue reading »Concept of Public Company This article corresponds to section 3(1)(iv) of the Companies Act, 1956. Public company as defined section 271) of the 2013 Act is a company which is not a private company and one which has a minimum paid-up share capital of five lakh rupees or such higher amount as may be prescribed. The provision to section 2(71) […]
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