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+918714176079
First Floor, Arjuns Arcade, , Kowdiar, Kerala-695003
With a group of dedicated, research oriented and skilled professionals, we help entrepreneurs and startups to start their business and manage their statutory and legal compliance, at affordable cost
Arjuns Arcade, First Floor, SCNRA B Lane, Kowdiar, Kerala 695003
After Private Limited Company Registration, whenever a shareholder wants to transfer his shares, he must first offer them to the existing members of the Private Limited Company. The price of the shares is determined by the directors. It is done so as to preserve the family nature of the Private Limited Company’s shareholders.
The members may derive profits without being burdened with the management of the company. They do not have effective and intimate control over its working and they elect their representatives as Directors on the Board of Directors of the company to conduct corporate functions through managerial personnel employed by them.
A company being a legal person and entirely distinct from its members, is capable of owning, enjoying and disposing of property in its own name. The company is the real person in which all its property is vested, and by which it is controlled, managed and disposed off.
The company, being a separate person, is the owner of its assets and bound by its liabilities. The liability of a member as shareholder, extends to the contribution to the capital of the company up to the nominal value of the shares held and not paid by him
Unlike partnership, the shares of a member in a Private Limited Company can be transferred without the consent of other members. An incorporated company never dies, except when it is wound up as per law. A company, being a separate legal person is unaffected by death or departure of any member and it remains the same entity, despite total change in the membership. Perpetual succession, means that the membership of a company may keep changing from time to time, but that shall not affect its continuity.
Unlike partnership, the shares of a member in a Private Limited Company can be transferred without the consent of other members.
MOA stands for Memorandum of Association whereas AOA means Articles of Association. Both these documents act as an important source of information for various shareholders and other stakeholders associated with a Company.
MOA reveals the name, aims, objectives, registered office address, clause regarding limited liability, minimum paid up capital and share Capital of the Company. In short, it explains the relationship of a Company with the Outside world.
<p><strong>AOA stands for Articles of Association</strong> are the necessary documents to be submitted when the company is incorporated with the Registrar of Companies (ROC). When AOAs are in conjunction with the MOA, they are called the Constitution of the Company.</p>
The registration certificate or incorporation certificate has a lifetime validity. There is no need of any renewal of Registration. Certificate issued by Ministry of Corporate Affairs under Government of India is valid all over the world
In order to promote the expansion and growth of India’s economy, the Central Government decided to replace the Companies Act of 1956 with a new legislative framework that would better align with the evolving economic environment on both domestic and global scales. This helps the Private Limited Company registration becomes more affordable and easy, with many exceptions
A Private Limited Company is a legal structure where the business is a separate legal entity from its owners, known as shareholders. The liability of shareholders is limited to the amount invested in the company, protecting personal assets. Private Limited Companies have several advantages, such as limited liability, ease of raising funds through the sale of shares, and continuity of existence.
Biswas Filing is a business registration and compliance management service provider. We are a group of Chartered Accountants, Company Secretaries and Advocates based in Thiruvananthapuram. Our aim is to register start-ups, micro, small and medium business at an affordable cost, by limiting our charges, in order to provide a support for the budding businesses. We are delivering a wide range of services to the business enterprises in Kerala, including Company Registration, Limited Liability Partnership Registration, Partnership Firm Registration, OPC Registration, GST Registration and Filing, Accounting and Book Keeping Services and Filing firm.