private limited company - Page 3

Statutory Remedy Against Refusal to Transfer Shares | Companies Act 2013

Statutory Remedy Against Refusal to Transfer Shares Under Section 58 of the Companies Act 2013 The process to be followed by the shareholders, if the company refuse to transfer their shares. The power can be exercised by the shareholders as per the provisions of section 58 of the Companies Act, 2013. Statutory Remedy Against Refusal [&hel...

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Posted Under: Company Law |

New Exemptions to Government Companies | Companies Act 2013

Notification No. G.S.R.151(E) 02/03/2020

Exemptions to Government Companies under section 462 of the Companies Act 2013 vide notification dated 02.03.2020. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 02 March, 2020 G.S.R. 151(E). – In exercise of the powers conferred by clauses (a) and (b) of sub‑section (1) and in pursuance of sub-secti...

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Taxability on Conversion of Private Limited Company To LLP

The LLP is one the popular mode of doing the business in India. The LLP Act has provided to convert a private limited company to LLP. The Income tax Act 1961 also has been amended by inserting the provisions related to such conversion. When there is transfer, from one person to another person, the transferor […]...

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Posted Under: Company Law |

An Insight on Conversion of LLP into a Private Limited Company

Introduction:- Operating a LLP form of business organization can be a hurdle as other form of business organizations offers better opportunities for the growth & expansion of the business. Therefore, the amazing benefits offered by the other organizational structures will attract the shareholders. Thus, that would lead to the conversi...

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Posted Under: Company Law |

Setting up of Company in Bangladesh

Bangladesh, a neighbouring country to India and a member of South Asian Association for Regional Co-operation (SAARC) adopts an ‘Open Door Policy’ to attract the foreign investors particularly through industrialization. The Bangladesh Export Processing Zone Authority popularly known as BEPZA is the administrative authority fac...

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Posted Under: Company Law |

How to Convert Private Ltd. Company Into LLP

A Private Company desires to convert its status to LLP Form shall foremost decide the designated Partners of the proposed LLP, as only the members can be the Partners of the converted LLP and of these members of the company at least two Partners would be the Designated Partners.. In case of Body Corporate who […]...

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Comparison between a Private Ltd Company, OPC and LLP

Comparative Analysis between a Private Limited Company, One Person Company and Limited Liability Partnership S.No Particulars Private Limited Company One Person Company (OPC) Limited Liability Partnership(LLP)   1. Minimum Number of Directors and Shareholders Members/Shareholders – 2 Directors – 2 Note: Directors and members may or m...

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Form of Doing Business In India -LLP, OPC & Private Limited Companies

In this article I will be discussing three forms of business in India and comparison of the same with each other so that those who are deciding to start a new business can compare the same with each other. These three types are as follows :- Limited Liability Partnership (LLP) , Private Limited Company, One Person Company (OPC)...

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Posted Under: Company Law |

Process-Conversion of Private Ltd. Company Into LLP

PROCESS OF CONVERSION OF COMPANY INTO LLP A Private Company may convert into LLP in accordance with the procedure prescribed in the Third Schedule. Process as given below: ...

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Process for Incorporation of LLP under Companies Act, 2013

Limited Liability Partnerships (LLPs) are commercial vehicles which combine the features of partnership and company form of business .The concept of Limited Liability Partnership (LLP) has been introduced in India by way of Limited Liability Partnership Act, 2008 (notified on 31st March 2008)....

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Posted Under: Company Law |

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August 2021