DETAILS

Management of administration

The management and administration of an company may have certain restrictions. It contains all authorities to the directors. Provisions as to resolutions for appointing or removing auditors management Where observation is assigned of such declaration and the retiring auditor creates with respect thereto statements in writing to the company and desires their declaration to company …

Central Government

Application of insolvency rules in winding up of insolvent companies

In the winding-up of application insolvency company, the same rules shall prevail and be noticed with regard to: Debts provable The valuation of future and annuities and contingent liabilities The special rights of secured and unsecured creditors Application insolvency rules in winding up of insolvent companies Provided that the security of all secured creditor shall …

Obligations of companies registering under the section 374

Every company registration has done under the section 374 and this part shall have: Check that secured individuals of the company, previous to its registration under this section shall have either confirmation or no objection to company registration under this section. Issue in a newspaper, advertising your details of your local language and English is …

Central Government

Alterations in Company’s Name, Article, and Memorandum

Alterations are common everywhere. The company must be responsible for the changes that occur in their memorandum, or article. Alteration in memorandum or article Companies Act, 1956: Section 40 Each and every alteration of memorandum or article is very important to be noted in every copy of the articles. Even the resolution used after such …