All the Companies Registered under Indian laws are governed by the provisions of Companies Act, 2013, (An act of Parliament which regulates the working of Companies stating the legal limits within which companies may do their business).Company law provides many legal compliances that are to be made by every company like reporting of financial results, reporting of […]
Forming A Company In India The Companies Act of 1956 sets down rules for the establishment of both public and private companies. The most commonly used corporate form is the limited company, unlimited companies being relatively uncommon. A company is formed by registering the Memorandum and Articles of Association with the State Registrar of Companies […]
A Private Limited Company can be converted into different form of business like Public Limited, One Person Company and Limited Liability Partnership for which different procedures need to be followed. The type of business registration usually affects the flow of cash and management of finances in a company. Since, there are minimum requirements for all […]
Private Limited Company – Definition, Advantages and Incorporation Process A private limited company is an attractive business model as it is a company with a minimum paid-up share capital of 1 lakh. For incorporation, the company require a minimum of 2 directors. However, the company’s share is held by privately by individuals and cannot be […]