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Company’s duty to register its charge – Business Registration

Every company is obligated for creating a charge within or outside India,on its property or asserts or any of its undertakings, whether tangible or otherwise,and situated in or outside India,to register the particulars of the charge signed by the company and the charge-holder together with the instruments ,if any,creating such charge ,with the registrar within thirty days of its creation. Form and Manner for Registration of a company The application for registration of charge shall be submitted to the registrar…

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Formation of company and the related things- Company registration

Formation of company: Incorporation of company and matters incidental thereto: A company may be formed for any lawful purpose by – Seven or more persons, where the company to be formed is to be a public company; (formation of public company) Two or more persons, where the company to be formed is to be a private company; (formation of private company) or One person, where the company to be formed is to be one person company that is to say,…

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Certificates of Shares of the limited company

Certificate of Shares   According to the provisions of the Companies Act,1956, a certificate ,under the common seal of the company,specifying any shares hold by any member,shall be evidence of the title of the member to such shares.A certificate may be renewed or a duplicate of a certificate may be issued if such certificate is provided to have been lost or destroyed ,or have been defaced or mutilated or torn is surrounded to the company.If a Company with intent to defraud…

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What is Memorandum of Association and its Clauses?

Hereby, we are going to discuss what is memorandum of association, purpose and its clauses in detail. Look at this to know some useful information about the company before you set up a business. Memorandum of association: It is the constitution of the company and provides the foundation on which the structure has been built. It is the principal document of the company and it cannot be registered without the memorandum of association. It defines the scope of the company’s…

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