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Position of Private Companies – Company Registration in Bangalore

Position of private companies In the case of a private company which is not a subsidiary of a public company, the articles may provide for the appointment of all or any of its directors in such manner as may be provided therein. It is not necessary that any of them should be appointed by the company in general meeting. But where the articles do not provide otherwise, the directors are to be appointed in general meeting. In view of section…

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Formation of a Company – Company Registration in Bangalore

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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Powers and Responsibilities of Company Secretary

Functions of Company Secretary under the Companies Act Apart from the statutory duties enumerated above, the secretary is required to send notices of the meetings of the Board of Directors and the general meetings. The company secretary is also required to maintain minutes of the meetings and several registers as also file various returns prescribed under the Act with the Registrar and is also responsible for ensuring compliance of the various provisions of the Act including to seek approval of…

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All you need to know about the incorporation of a company

Incorporation of companies and its related procedures will be discussed here.  The company can be incorporated through Simplified Proforma for Incorporating a Company electronically (SPICe-INC-32) with e-MoA (Memorandum of Association) (INC 32), e-AoA (Articles of Association) (INC-34) is the default option and most companies are required to be incorporated through SPICe only. Incorporation through SPICe: Stakeholders can avail of 5 different services (Reservation of name, Allotment of Director Identification Number (DIN), incorporation of new company, allotment of PAN and TAN)…

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