The application for Registration of a Private Limited Company is filing with the Central Registration Authority, under the Ministry of Corporate Affairs. The approval is subject to the discretion of the concered officer and subject to the submission of proper documents. Following are the documents required for Registration of a Company for Indian residents Last […]
Limited Liability Partnership requires a minimum of two partners. However there is no maximum limit like a Private Limited Company. For a Private Limited Company, maximum number of members is limited to 200 Lesser compliance costs :-Now a days the, its very difficult to do statutory compliances, since new eforms and disclosure norms has been […]
Annual general meeting (AGM) is an important annual event where members get an opportunity to discuss the activities of the company. Section 96 of the Companies Act, 2013 provides that every company, other than a one person company is required to hold an annual general meeting every year. Following are the key provisions regarding the […]
The Companies Act 2013, lays down that every company must maintain and keep books, registers and copies of returns, documents etc. at its registered office. These books are known as Statutory Books. Some of the statutory registers are required to be kept open by the company for inspection by directors, members, creditors of the company […]
Profit or a portion of profit that can be legally distributed as a dividend to the shareholders is known as Divisible Profit. Considering the small shareholders and their concerns with regard to failure to transfer the dividend to the shareholders the Companies Act, 2013 provides for elaborate mechanism where the shareholders can claim the shares […]
The Competent Authority (Central Government/RD (North), Noida/ Authorised Officer by the RD) may, upon being satisfied on verification of particulars or documentary proof attached with the application along with specified fee received from any person, cancel or deactivate the DIN in case (a) the DIN is found to be duplicated in respect of the same […]
As per Section 153 of the Act, every individual intending to be appointed as director of a company shall make an application electronically in Form DIR-3 for allotment of Director Identification Number to the Central Government along with the prescribed fees. Further, DINs to the proposed first Directors in respect of new companies would be […]
Section 149(1) of the Companies Act, 2013 requires that every company shall have a minimum number of 3 directors in the case of a public company, two directors in the case of a private company, and one director in the case of a One Person Company. A company can appoint maximum 15 fifteen directors without […]
(1) A director of a company may, unless it is otherwise provided in the articles of the company or by any agreement with the company, resign as director at anytime. (2) If a director of a company resigns, the company must deliver a notice of the resignation to the Registrar in the manner required by […]