Do you wish to commence a new business? The memorandum of every new company shall state the objects for which the company is proposed to be incorporated and any matter considered necessary in furtherance thereof; In case of companies in Read More
Corporate Debt Restructuring(CDR) Mechanism – Company Registration in Bangalore
Background of Corporate Debt Restructuring (CDR) Mechanism The Reserve Bank of India had undertaken a review of the working of the Corporate Debt Restructuring (CDR) Mechanism in the month of August, 2004 and a special group was constituted in September, Read More
Conversion of Private company into LLP – Business Registration in Bangalore
Interpretation In this Conversion Schedule, unless the context otherwise requires,- “Company” means a private company as defined in Clause (3) of Sub-section (1) of Section 3 of the Companies Act, 1956 ; “Convert”, in accordance with a private company changing Read More
Securities Premium Account – Business Registration in Bangalore
Section 78 of Companies Act, 1956 – Introduction to Securities Premium Account The object of Section 78 of the 1956 Act was to lay down specifically how the securities premium accounts collected on the issue of shares should be utilized. Read More
Definition and Types of Manager- Business Registration in Bangalore
Meaning of the term ‘Manager’ Section 2(53) of the 2013 Act was explained the roles and responsibilities of the manager and it is reproduce section 2(24)of the(old)Companies Act, 1956.Three conditions are to be satisfied before a person may become a Read More