The section 375 of the 2013 act and the rules there under which correspond to the above provisions in the 1956 act are yet to be notified. Hence, the provisions in the 1956 act on the above subject are still valid and subsisting. Here we can discuss about how to wind up an unregistered company. …
Amalgamate two or more producer companies and form a new company
Do you wish to amalgamate two or more producer companies (1) Note that inclusion of a provision in the articles of association of a producer company authorizing a division, amalgamate or merger and matters related thereto. It is mandatory of the 1956 act. (2) Prepare a detailed scheme of amalgamation of two or more companies. …
Company registration charge for their issue of debentures
Debenture” contains debenture bonds, stock or any other instrument of a company proving a liability. Whether forming on the assets of the company registration charge or not. Debentures or other interest of any member in a registration company. Debentures, inter alia, may be secured or unsecured. When a company issues secured debentures, this question of …
The incorporation of a private limited company
The rule of incorporation of a private limited company is considerably same with that by incorporating a public limited company registration. Which is described under the following exceptions : The incorporation of a private limited company (i) There should be atleast be 2 subscribers in pace of 7. (ii) There should be at least two …