Startups and businesses with higher growth aspiration popularly choose Private Company as suitable business structure. The business entity gets recognised as a Company through its registration under Companies Act of 2013 in India. Private Limited Company: The Company shall be a private Company within the meaning of Section 2(68) of the Companies Act, 2013, limited by shares […]
DIN APPLICATION Any person intending to apply for DIN shall have to make an application in eForm DIR-3. DIR-3 Form: Any person intending to apply for DIN shall have to make an application in eForm DIR-3 and should follow the following procedure: Online Filing of DIN Application. In Form DIR-3 fill the details like Name, […]
LIMITED LIABILITY PARTNERSHIP: Limited Liability Partnership (LLP) Act came into force for most part, on 31st March, 2009 followed by its Rules on 1st April, 2009. It is hybrid form which incorporates benefits of both partnership and companies. It has the following features: Separate legal entity in the eyes of Law. Cost of incorporation is […]
LIMITED LIABILITY PARTNERSHIP INCORPORATION AND KEY POINTS: Limited Liability Partnership (LLP) Act came into force for most part, on 31st March, 2009 followed by its Rules on 1st April, 2009. It is hybrid form which incorporates benefits of both partnership and companies. It has the following features: 1. Separate legal entity in the eyes of Law. 2. Cost […]
Check the articles of Association of the Company to see whether necessary authority/ powers is there to increase the authorized share capital of the Company. Issue the Board Meeting notice and convene the Board Meeting to decide about the increase and to fix up to date, time, place and agenda for convening a General Meeting for passing of an Ordinary Resolution, by the Articles for the same.
Minimum Directors Required in Company:- i. One Person Company:- One Director. ii. Private Limited Company:- Two Directors. iii.Public Limited Company:- Three Directors.
STEPS Conversion of Company to Limited Liability Partnership – Obtain DIN No of all proposed Designated Partner/ Partner. Attachment of Form 1: Board Resolution for conversion is to be attached, We shall receive the Name Approval Certificate once the form is approved of the same.
Limited Liability Partnership (LLP) Act came into force for most part, on 31st March, 2009 followed by its Rules on 1st April, 2009. It is an incorporated Partnership formed and registered under Limited Liability Partnership Act, 2008 with limited liability and perpetual succession. DEFINITION: LLP is a body corporate and legal entity separate from its […]
