Number of Directorship of the Private Company-Company Registration in Bangalore

Introduction Section 275 of the 1956 Act prohibited a director from holding the office of a director in more than fifteen companies. Initially the limit specified was twenty which was subsequently reduced to fifteen by the Companies (Amendment) Act, 2000. The number of directorship had to be calculated in terms of section 278 of the companies Act, 1956. Section 276 of the 1956 Act contained provisions relating to making of choice where a director held office as a director in…

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Powers of Registrar to call for information – Company Registration in Bangalore

Powers of Registrar to call for information Register a company is important thing while you are doing business. Here we are going to discuss the powers of Registrar of the company registration process. As per Section 234 of the 1956 Act, the Registrar had powers to call for information only in respect of documents which a company was required to submit to him and not in respect to any other documents or matter, though it was likely that every matter…

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Company Registration Offices and Fees in India

Company Registration offices and Fees in India Company is a separate legal entity which is carries on some form of business. It can be classified and structured in many types such as Proprietorship, partnership and private and public limited company and one person company. Company registration is totally different from the corporation. The company can be categorized as per the number of directors and members of that company holds. Starting a business is not an important thing for an entrepreneur.…

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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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Voluntary winding up of a company – Company Registration in Bangalore

Voluntary winding up of a company Company Registration in Bangalore – Voluntary winding up of a company is mentioned below in this article. I hope this article will help to found the right solutions on your related queries on the Voluntary winding up of a company. A company may be wound up voluntarily if- A resolution passes during the company general meeting requires the company to be wound up voluntarily as a result of the expiry of a period for…

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Investigation process of an Limited Liability Partnership Registration

Investigation of the affairs of limited liability partnership The central Government shall appoint one or more competent persons as inspectors for investigation of  the affairs of the limited liability partnership and to report thereon in such manner as it may direct if- The Tribunal, either suo motu, or an application received from not less than one fifth of the total number of partners of limited liability partnership, by order, declares that the affairs of the limited liability partnership ought to…

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Companies Incorporation outside India – Business Registration

Application of Act to the foreign companies Where not less than fifty percent of the paid-up share capital ,whether the company is held by one or more citizens of India or by one or more companies or corporate bodies incorporated in India, or by one or more citizens of India and one or more companies or bodies corporate incorporated in India, whether singly or in the aggregate, such company shall comply with the provisions of this chapter and such other provisions…

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