Additional Director The appointment at a board meeting or by a resolution passed by circulation. The person appointed can act as director up to date of next annual general meeting but he can be formally appointed at that meeting as per the provisions. Alternate director The board nay appoint an alternate director only if this …
Private Limited Company A private limited company on start its business quickly on its registration. But, the section 149 is not applicable to it. Public Company A public limited company cannot start a business until it has received the certificate to start business from the registrar of companies under section 149. A company has …
The registrar of companies in each state in the country is the custodian of the basic documents registered with him at the time of incorporation of a company in each such state. Every public limited company and private limited company is required to file with the registrar various documents concerning appointment and resignation of directors, …
A private company limited by shares provides all the advantages of registration and is a good medium for operating and managing enterprises so long as, generally, the activity in which it is engaged is small, the owners of the business are a few persons related closely or otherwise associated to each other and the resources …
