Company Law : CONCEPTUAL ANALYSIS SERIES – I 185. Loan to Directors, etc. (1) No company shall, directly or indirectly, advance any loan,...
Company Law : Conversion of Public Company Into Private Company is governed by following Provisions of Companies Act and Rules- 1) Relevant Sect...
Goods and Services Tax : Article explains Documents required/checklist for GST registration of Proprietorship, Partnership, Hindu Undivided Family,Limited ...
Company Law : ‘Deemed Public Company’ is nowhere specifically defined under Companies Act, 2013 or its Rules. So, it is only after a...
Company Law : Formation of a private limited Company has its own sets of advantages and disadvantages. It is seemingly the best form of business...
SEBI : Capital market regulator, SEBI today said both public and private sector companies will have to increase public shareholding to a ...
Company Law : The Ministry of Corporate Affairs (MCA) has decided to relax the norms for companies to maintain minimum paid-up capital. Accordin...
In view of the vastness of the subject, the complications and listening at many of my colleagues, I have decided to present a small brief on Companies to be formed under the provisions of Companies Act, 1956, the difference between Private Limited and Public Limited Companies, the applicable law and also the complications. I know the vastness of the subject and I just want to present a small brief as follows:
Certificate of Commencement of Business: Procedural Analysis The date of incorporation of a company may not be the date of commencement of business. A private company and a public limited company not having share capital are not required to comply with any other formalities and may commence its business activities immediately after obtaining the certificate of incorporation from the […]
A company incorporated outside India is entitled to become partner in LLP. The LLP Act also provides that a Foreign Limited Liability Partnership can also establish a place of business in India.A careful study of the LLP Act will reveal that an LLP enjoys the beneficial features of incorporated bodies without having the disadvantages of normal partnerships. It is easy and inexpensive to incorporate.
The minimum authorised capital for Private Limited Company – Rs.1,00,000/-, For Public Limited Company -Rs.5,00,000/- For the use of some key words as part of name, the minimum authorised capital is given below: 1. Corporation : 5 Crores