As soon as a company makes an allotment of shares as a result of public or any private issue, the company (both public and private limited) shall file a return with the ROC within 30 days of allotment in the following manner: The return shall contain the number and nominal value of shares allotted for …
Investigation on working of the company
It was explained already that the central government, on its own or on the recommendation of the tribunal (for the time being the company law board till the tribunal is established). It shall appoint one or more inspectors to investigate the affairs of the company which may be in response to the report of the …
Company start its business after incorporation
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 …
Registration documents and filing returns electronically
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, …