The companies act 1956 says that a company means. A company formed and registered under this act 1956 or an existing company. On company registration, a company is able of rights, duties, owning property and incurring duties in its own name. If the company registration is to be done, then the company has benefits of …
Advantages of company registration in India
Anyone can decide one day to start their new business. The company registration with the state or local government is required to register your business. It is a best choice for a new company for different reasons.The registration is needed for tax reasons or to be legally authorized to run. The company registration is mandatory …
Unlimited company wish to provide share capital on re-registration
1.Examine whether your unlimited company is holding a share capital. An unlimited company with a share capital can only provide for reserve share capital on re-registration as a limited company. 2. If your unlisted company is not using a share capital then first you have to reforms the formation of your unlisted company to have …
The company registration rights attached to any class of shares
1. Consult the memorandum of association and articles of association of your company to see whether any of them authorize. The company registration rights to modify attached to any class of shares. If not check whether terms of issue of those shares do not prohibit any variation. 2.If none of the aforesaid conditions are fulfilled, …