Business registration and general norms following in India

Business registration and general norms following in India

Business registration and  its general norms: Business registration is scheduled with various companies act and several previous enactments are standing under the companies Act. The saved orders and rules are perfectly taking at the times of business commencement. The present Companies acts are tracing from the British government. At last the Companies act 1956 contains 658 sections and 13 schedules. Modifications, exceptions and adoptions are extending to the whole nation.  There is no clear precise meaning offering to the business…

Read More
policy

Incorporation of One Person Company registration in Coimbatore

Incorporation of One Person Company is the latest form of registration. It arouses lots of doubts in the time of OPC registration. Let’s have the procedure format in the conversation styles. Venkat is in the idea to start an OPC to clarify his doubts he meet his friend Ram who is expertise about the company registration process in Coimbatore. Venkat:  Hello Ram! What is One Person Company Registration? How it offers more benefits than other types? Ram: Hi Venkat! To…

Read More
requirements

Industrial dispute (central) rules 1957 and its salient features

Introduction: Industrial dispute powers and exercise of the powers confer under the section 38 of the Industrial disputes Act, 1947. Central government makes the following rules. They extending to union territories in relation to all industrial disputes and to the state in relation only to an industrial dispute concerning. Any industry carried under the authority of Railway Company, Private limited company registration and other any mode of company specifically controlled under section (2) of Act in the central government. Chief…

Read More

Remuneration of Directors – Company Registration in Bangalore

Remuneration of Directors Directors are not the servants of the company and in the absence of a specific agreement are not entitled to remuneration for their services. As said in Lindley L.J. Book, Directors have no right to be paid for their services, and cannot pay themselves or each other, or make presents to themselves out of the company’s assets, unless authorized so to do by the instrument which regulates the company or by the shareholders at a properly convened…

Read More

Rights and Duties of the Auditor of the Registered Company

Introduction Section 143(1) which specifies powers and duties of auditors and auditing standards is applicable to all the companies alike, whether public or private companies. Sub-section (1) of section 128 provides that the books of account should give a true and fair view of the state of affairs of the company or its branch, as the case may be, and explain its transactions. The books should keep on accrual basis and according to double entry system of accounting. Section 128…

Read More

Section 8 Company Registration in Bangalore

Section 8 company Section company is nothing but one of the types of company registration. As the name itself we can understand this section of the Companies Act, 2013. The section 8 of the Companies Act, 2013 Act mentions this company registration process and procedures. It is mainly created for the purposes of commerce, art, science, social welfare, sports, fiction, education, research purposes, charity, religion, etc., It is also known as non-profit company and section 25 company. It also includes…

Read More

Requirements of a listed entity – Company Registration in Bangalore

Commencement of business or any postponement in the date of commencement of commercial production : The listed entity shall notify the stock exchanges regarding the commencement of commercial production or the commencement of commercial operations of any unit or division in a company . In cases where the listed entity has produced the intimation about the date of commencement of commercial production or operations, the listed entity shall be required to disclose requirements in case of postponement of the date…

Read More

Rectification of Register of Members – Company Registration in Bangalore

When a request for company registration of transfer or transmission of shares or other rectification securities issued by a private company is refused by its Board of Directors. Whether such refusal is in pursuance of any power of the company under its articles or otherwise the private company should within a period of thirty days from the date on which the instrument of transfer, or the intimation of such transmission, as the case may be, was delivered to the company,…

Read More

Private Limited Company – Company Registration in Bangalore

Overview of Private Limited Company A private limited company is the most popular type of company and it providing the entrepreneur to limited liability and ownership restrictions and legal protection for the shareholders of that company. A ownership restrictions fully based on the rules and regulations mentioned in Companies Act, 2013. The number of shareholders of a private limited company is not exceeding 50 members. The shareholders do not sell their shares without getting permission of other shareholders. And also…

Read More

Company Registration and Its Benefits in Bangalore

Is Company Registration is mandatory for a business structure? Yes, Company registration is mandatory for each and every business structure. Company is not just like an entity, it is a big dream of every entrepreneur. An entrepreneur is a source of the formation of company. An entrepreneur who invested his hard earned money and his liabilities for making the company of his own. He only acts as a main source of the economic support of the company. A start-up organization…

Read More